The spread of coronavirus has many small business owners wondering what, if anything, they should be doing. What can they do to prepare? What should they do to respond to employee concerns today?
Coronavirus response in relation to mitigation of effects on SMEs
Small and medium-sized enterprises (SMEs) are the backbone of Europe’s economy. They represent 99% of all businesses in the EU. They employ around 100 million people…
Coronavirus in the European Community
Small businesses are the backbone of the European economy, making up 99.8% of all enterprises and two-thirds of total employment.
COVID-19 has challenged small businesses and the European economy at large:
84% of EU small businesses report decreased revenue in 2020
The European economy is expected to shrink by 8.3%
30% of small businesses report that their turnover is suffering at least an 80% loss
52% of SMEs feel that business continuity is a key issue together with opportunities to work in international markets
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Since 2015, we’ve helped millions of people find a job, grow their career or business. Now, we are here to help accelerate economic recovery through our technology, tools and training; so that local…
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