Recovery, Renewal, Resilience

Consider:

• The cash flow of SMEs and their profit margin. In Sweden, SMEs can generally manage their cash flow at this time for around 6 weeks and only have margins of 2-3% to rely on which makes them extremely vulnerable
• The eligibility of SMEs for government loans. Many struggling businesses are unable to apply for government loans, and while it is possible to borrow, and postpone payment on value-added tax (VAT), known in some countries as a goods and services tax, interest needs to be paid which can be unaffordable resulting n businesses preferring to file for bankruptcy
• The wider negative impacts of increased bankruptcies e.g. consumers and companies becoming more conscious about lending and spending which can stifle the economy further

This lesson was contributed by a Security Expert in Sweden.