
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.
Written by Cision
Related Post
Equipping SMEs with the skills to...
SMEs and entrepreneurs heavily depend on skills to stay competitive and face greater challenges than larger firms in accessing and retaining...
The future of entrepreneurship with AI
AI-native startups are redefining the nature of entrepreneurship through accelerated scaling. With leaner teams, evolving funding dynamics, ...
Micro and small businesses can act...
In an international context where conflicts have reached their highest level since the Second World War, what role can micro, small, and med...