Survey of Impact of COVID-19 on Small Businesses

Saturday March 21, 2020

    The Small Business Investor Alliance surveyed the small business portfolios of Small Business Investment Companies to measure the impact the pandemic is having on their operations and employment. Small businesses are facing extreme cash flow concerns. Small businesses are already laying off a substantial number of employees and without a significant change in trajectory, layoffs are anticipated to increase tremendously. Data analysis provided by the Kenan Institute of Private Enterprise.

    The Small Business Investor Alliance surveyed the small business portfolios of Small Business Investment Companies to measure the impact the pandemic is having on their operations and employment. Small businesses are facing extreme cash flow concerns. Small businesses are already laying off a substantial number of employees and without a significant change in trajectory, layoffs are anticipated to increase tremendously. Data analysis provided by the Kenan Institute of Private Enterprise.

    Citation

    Small Business Investor Alliance. (2020). Survey of Impact of COVID-19 on Small Businesses. Retrieved from https://kenaninstitute.unc.edu/publication/survey-of-impact-of-covid-19-on-small-businesses/