Almost all (90%) of the enterprises of Moscow returned to the operation mode after the gradual lifting of restrictions, according to the monitoring businesses of Moscow, which is conducted by the office of the Commissioner for protection of entrepreneurs ‘ rights in Moscow.
“71% of companies operate with certain restrictions, 19% work as before. Not started activities only 2% of businesses”, – the TASS survey data.
However, more than half (53%) of enterprises were forced to lay off employees in a pandemic, and 22% have fired more than half of the staff. Another 17% went to the reduction of wages, and 6% had to send employees on leave at his own expense. In addition, 20% of the business capital has faced in a pandemic with the inability to pay wages to employees and taxes with the minimum wage, and 23% could not pay rent. Another 9% had difficulties with fulfillment of obligations to banks and leasing companies, 12% – payment of taxes, and 11% with payment of utility bills.
On the demand side, 56% of enterprises said that to return to the level of revenue it is not yet possible, but still 22% of this figure has decreased significantly. Another 12 per cent the demand remained at the level of the same period last year, and 12% said the growth of this indicator. The survey was conducted in July among more than two thousand entrepreneurs, almost all of whom (97%) belong to small and medium businesses. As told by the entrepreneurs, most of them (1250 of total) revenue for the April-may fell by 91-100% compared to last year.
The document stated that the exemption from rent payments on urban real estate, as well as soft loans for working capital have become the most popular measures to support small and medium business in the capital.
“In the top 3 most popular support measures include providing support on the basis of actual activities, exemption from payment of lease payments on facilities of city property or rental subsidy and soft loans to SMEs for working capital or investment purposes,” the study says.
With more than a quarter (29%) found information on measures of support of business in Moscow are available and easy to understand, 23% is available, but difficult to grasp. Another 20% said that the information was fragmented and difficult to grasp, and 28% have difficulties finding the data.
At the same time, 32% of small and medium enterprises noted that a careful study of the requirements to apply for support from the city authorities independently, 22% believe it is difficult, which can handle only a professional, and for another 18% the submission of the documents seemed very complicated. At the samee time, a quarter (25%) decided not to seek state support. The survey was conducted in July among more than 2 thousand entrepreneurs, almost all of whom (97%) belong to small and medium businesses.
Meanwhile, the Bank “Opening” to assess the impact of the crisis on the fashion industry for small and medium business in Russia. According to the survey among entrepreneurs, Russian business is gradually recovering from the pandemic. However, the market situation is still unstable and on the General enthusiasm prematurely. 23% of companies experiencing difficulties: the reduction of orders, debt, in General, the struggle for survival of the business. 19% describe the business situation as stable, and 7% reported an increase in profit. 60% of companies have reduced the revs during a pandemic, however, 40% of businesses expect their growth to the end of the year.
In may and June decreased the proportion of companies that temporarily suspended job (from 33% to 21%): intensified construction and retail trade, but has significantly reduced the business of hotels, restaurants and industry. Increased share of companies (from 4% to 9%), found a new niche: basically, it industry, education and transportation. On the market reduces the level of uncertainty has decreased, the share of companies that cannot predict their prospects for the next 6 months (from 39% to 31%), increased the proportion of those who are going to develop and expand the business (from 18% to 24%).
The survey involved customers of leading banks of Russia – individual entrepreneurs, managers and owners of small and medium businesses with revenue up to 3 billion rubles per year and number of staff to 250 people. Geography of the research included the cities with population of 100 thousand people or more.