Trends

COVID-19 Impact: Survey Details the Challenges, Actions & Outlook of Small and Midsized Businesses

Restaurant worker holding sign promoting takeout orders only

37% of small businesses and 46% of midsized businesses feel they won't be able to survive in the current state for more than another three months.

On March 25 – 28, 2020, ADP surveyed 1000 small (1-49 EEs) and midsized (50-999 EEs) U.S. businesses to understand the actions they've taken and challenges they're facing due to the economic impact of the COVID-19 (coronavirus disease) global health event. Here are the results.

Click the infographic image below to see the details.

the challenges actions and outlook of small and midsized businesses

Visit the ADP Employer Preparedness Toolkit for critical information and helpful resources on the CARES Act, FFCRA, PPP and much more.

Source: ADP COVID-19 Employer Pulse Survey—March 25-28, 2020. Defined small business (1-49 employees) and midsize business (50-999 employees).

ADP, the ADP logo and Always Designing for People are trademarks of ADP, LLC. Copyright © 2020 ADP, LLC. All rights reserved.