As the pandemic continues to take a toll on us, the effect on small and medium enterprises is getting more severe. Governments have included an array of measures to help them weather the storm.
SMEs are in a particularly vulnerable position as many of them don't have the financial resources to sustain themselves during this storm. However, SMEs are crucial to our economy. Their survival will greatly contribute to making the economy thrive as a whole.
Mckinsey & Company’s latest executive summary discusses key considerations to strengthen small and medium-sized enterprises for restart and recovery.