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How have Small & Medium-sized Businesses been impacted by Covid-19?

The Global State of Small Businesses, Wave IV Update

20 Oct. 2020 - In August, the pace in the decline of SMB closure rates slowed and most active SMBs continued to report significantly lower sales compared to the same month last year, reflecting increasing financial challenges for SMBs. 

This month’s study takes a deep dive into the differing impact of the COVID-19 pandemic on female and male business leaders, including insights on how domestic tasks, such as homeschooling and childcare, affected the work of female and male business leaders respectively.

 

 

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