Survey shows more than 80% of US small businesses expect economic impact from coronavirus pandemic to impact businesses for a year or more.

  • Over 690 firms were surveyed by San Francisco-based Veem.
  • Eighty-one percent of small U.S. companies surveyed expect the new coronavirus pandemic to affect their business over the next 12-16 months.
  • Nearly 90% are preparing for an economic slowdown.
  • 65% said they had either submitted an application for the federal aid or planned to do so.