ISME carried out an initial survey of over 500 SMEs in April 2020. The survey aimed to review how SMEs were coping in the face of COVID 19. The survey found that almost 6% believed their business would not survive a month, and a further 64% believed they would continue as viable concerns only for up to six months.
The full report can be read here.
One month on we carried out the same survey and found that almost 3% of SMEs believe their business will not survive post COVID-19, a decrease of 3% on the previous month and a further 41% believe they can continue trading as viable concerns only for up to six months, a decrease of 23% on the previous month.
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