COVID-19 Impact Pulse Check May 27
As we are entering phase two of the BC Restart Plan, only 26% of businesses impacted by COVID-19 feel able to restart and operate profitably.
The survey was conducted by Vision Critial, and with the 1300+ businesses being surveyed, the biggest challenges to restarting are:
- attracting customers or revenue (75%),
- having enough operating cash for expenses (49%) or to meet safety standards (31%),
- bringing staff back (39%),
- government not allowing their business to open yet (31%), and
- not yet prepared or able to meet safety guidelines (30%).
With attracting customers or revenue being the largest challenge, Juuga Marketing is committed to help small and medium sized businesses in these significantly impacted sectors such as retail, personal services, and tourism.