Video: COVID-19’s impact on SME cashflow

50% of SMEs have had to cut salaries and 50% have had to restructure their financial model to keep their business going as a result of COVID-19…

…20% saw more sales than ever before.

But even the SMEs without sales booms have seen positives with 36% using the time to improve their product offering.

For even more stats and insight into how COVID-19 affected cashflow for the UAE’s SMEs, watch the second in our series of three videos analysing the affects of COVID-19 on the nation’s SMEs.

If you missed the first video, watch it here.

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