Discover how French startups and SME face the crisis
- Jul 01, 2020
- Alvaro Arteaga
After we had revealed a few weeks ago the first results of our first barometer dedicated to innovative start-ups and SMEs of our ecosystem, we have carried out at the end of May 2020 a second consultation wave in order to measure the evolution of the situation ( available in English this time!).
Turnover and cash flow
In terms of turnover insight, 54% of the companies surveyed had a stable turnover between March and April 2020.
Concerning Cash flow capacity, 47% of the interrogated companies indicate that their current cash flow capacities will allow them to hold for more than 6 months.
Despite the difficulties, 85% of companies expect a stable or increasing wage bill in the next 3 months.
Among the 78% of start-ups and SMEs that requested one or many support programs on national or regional level since the beginning of the crisis, the PGE ( Prrêt Garanti par l'Etat) on the top of the list.
The next priorities
In response to the crisis, entrepreneurs have reviewed their priorities to focus firstly their activities on:
#1 - Commercial Prospecting
#2 - Adaptation of their services offer
Click here for more information: https://www.capdigital.com/en/discover-how-french-startups-and-sme-face-the-crisis/