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Home Publications COVID-19 Lockdown’s impact on your business!

Lockdown’s impact on your business!


2020-06-08

PKF South Africa conducted a short survey, aimed specifically at the SME market, in order to better understand the facts behind all the speculation, and with the view to provide a voice for owner-managed businesses throughout South Africa.

Findings reveal that businesses have been quick to pivot and create new revenue streams in the short term, however, they forecast greater long term impact on revenue generation.

The magnitude of companies not being able to pay salaries will negatively affect our society for a long time to come.

Thank you to our SME clients and the extended SME community for your participation in this survey, we hope you find our insights useful.