Digital’s role in the recovery of SMEs after a pandemic

Digital’s role in the recovery of SMEs after a pandemic

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Faced with challenges Small and medium-sized enterprises It has had a major impact on the world economy over the past year. This is not surprising given that they account for more than two-thirds of the world’s employment and up to half of GDP.

Fortunately for SMEs, public goodwill and loyalty to them are growing. According to Xero’s Future of Small Business report, more than half (52%) of the UK consumers surveyed planned to further support SMEs after the pandemic. In January alone, £ 18.5 billion of household savings have accumulated, and the country is entering a dramatic spending period.

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