ZB

MYOB: Small and medium-sized enterprises feeling the pinch under traffic light system

Author
Newstalk ZB,
Publish Date
Fri, 11 Feb 2022, 7:39am
(Photo / 123RF)
(Photo / 123RF)

MYOB: Small and medium-sized enterprises feeling the pinch under traffic light system

Author
Newstalk ZB,
Publish Date
Fri, 11 Feb 2022, 7:39am

Small and medium-sized enterprises are feeling the pinch under the Covid-19 protection framework. 

A new survey by MYOB shows more than half expect to see a negative impact on the financial health of their business, if the country stays in Red for more than a month. 

Almost a quarter believe they will take a significant financial hit. 

Head of Go to Market at MYOB Jo Tozer told Kate Hawkesby they've had a mix of feedback from their customers. 

“Some are noticing a drop in customers through their doors, others a degree of caution but still enjoying a solid summer, but seeing the data now makes quite stark reading.” 

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