Survey measuring pulse of Vancouver business during COVID-19 released

admin 2020-05-23 阅读:6

Only a quarter of businesses in Metro Vancouver feel well-prepared to restart, let alone operate profitably, according to a business survey released Thursday.

The three-quarters that said they will not be able to operate at or near full capacity cited as reasons: Attracting customers or revenue (75 per cent); not having enough operating cash for expenses (49 per cent); difficulty bringing back staff (39 per cent); or they’ll be unable to meet safety standards (31 per cent).

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“When you’re talking reopening, you’re seeing that people are not very confident,” said Bridgitte Anderson, president and CEO of the Greater Vancouver Board of Trade.

As for timelines, 55 per cent expect it will take two months or longer for them to restart their businesses.

The survey, the third of its kind, was taken by 1,343 businesses between May 11 and 15, just as Phase 2 of the province’s easing of social-distancing measures went into effect.