Uncertainty is the only certainty for recovering Canadian small businesses

November 18th, 2020 – Canadian Small and Medium Enterprises (SMEs) have shown incredible resilience throughout the pandemic, adopting new strategies to adapt to the changing business climate. With uncertainty being the only certainty going forward, American Express Canada commissioned a survey to understand SMEs ongoing pain points, current priorities and plans for the future.

While the survey reveals 74 per cent of SMEs are feeling confident when looking at the future of their business in the next 1-3 years, challenges related to cash flow, supplier payments and time management persist as businesses continue on their journeys towards rebuilding.

More…https://www.newswire.ca/news-releases/uncertainty-is-the-only-certainty-for-recovering-canadian-small-businesses-839885468.html

Written by Cision

Related Post

thumbnail
hover

South African SMEs: Navigating the Path...

The State of South African Small Business 2025 report highlights that SMEs are increasingly the backbone of the national economy, with 83% r...

thumbnail
hover

Energy Prices and Their Impact on...

The structural disparity in electricity costs when compared to the European average is a growing concern for micro and small businesses thro...

thumbnail
hover

First Report by the Observatory on...

The First Report by the Observatory on SMEs and Capital Markets highlights that Italian SMEs increasingly see capital markets as an opportun...

CLOSE
CLOSE