42% of businesses are facing the risk of closure in the next six months.

Of the 206 businesses we surveyed, 4 out of 10 businesses said that they will likely close in the next 6 months or less because of economic hardships experienced.

Those that are operating for less than five years are most vulnerable. The longer the business is operating, the higher the likelihood that they will be able to survive this crisis.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Website Powered by WordPress.com.

Up ↑

%d bloggers like this: