The Impact of COVID-19 on SMBs (April 2020)

We all know from both personal experience and the news that COVID-19, also known as the novel coronavirus, is having a devastating effect on small and medium businesses (SMBs)—the engine of the U.S. economy and those around the world. But how deep and broad is the impact? We’ve sought to answer that question in a survey of more than 500 SMB (1- to 1,000-employee businesses) and midmarket (1,000- to 2,500-employee businesses) decision makers and influencers.