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

Global State of SMBs, Wave III report

17 Sept. 2020 - Although some SMBs have continued to reopen as many countries have eased their lockdown restrictions, a considerable number reported sustained decreases in sales and employment, reflecting the pressures imposed by the ongoing economic downturn. 

This month’s study also provides more detailed insights as to the business characteristics that influence the use of digital channels to conduct business, such as business age, sector, and business leader level of education.
 

 

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