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10. Preparing for Recovery

Small- and medium-sized business (SMB) leaders are optimistically looking to the future by leveraging a recovery strategy that has their businesses bouncing back in a matter of months once operating at full capacity again. Dealing with the economic downturn and new social distancing requirements as a result of the pandemic rise to the top in terms of challenges, even more so than recovering from lost sales. Most SMB leaders (70%) have a recovery strategy in place, and two thirds (68%) expect their businesses will be able to bounce back in 6 months or less once they’re able to operate at full capacity again. About 1 in 5 (21%) expect to be able to recover in 12 months, and 11% expect recovery to take longer than that.
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TriNet | Harris Flash Polls
Episode 10|5 min
Published: May 17, 2020
"70% of SMB leaders have a recovery strategy in place"

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