The impact of Covid-19 on SMEs

In the latest of the “in the shed” series I’m talking to Sinead Gray, joint managing director at Kindred, about the impact of Covid-19 on SMEs.

Here’s a summary of what Sinead and I talked about:

  • Whether SMEs have been more impacted by the Covid-19 lockdown than larger businesses.
  • Sinead talks us through some disturbing numbers on the extent to which SME’s are struggling at the moment.
  • Sinead explains the thinking behind Kindred’s Positive Hour advice line for SMEs.
  • Why Kindred decided to decrease salaries across the business rather than furlough anyone.