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June 2020

County Survey to Assess Impact of COVID-19 Pandemic on Westchester Business Community

Westchester County Executive George Latimer has announced that the County is undertaking a survey of the County’s business community to assess their needs during the COVID-19 pandemic in order to develop strategies to speed recovery and shape emergency relief programs and support.

 

“The Westchester business community is undergoing unprecedented economic pressures and needs help on many levels. This survey will guide the County in providing the assistance and services that businesses will need to continue during this terrible pandemic,” said Westchester County Executive George Latimer.

 

So far, the survey was sent out to the 5,000-person Economic Development Office email list as well as to all the chambers. The survey has also been sent out by the Business Council of Westchester. Today Media and the Westchester Business Journal both sent it out and posted it on their websites. The survey, which went out last week, closes April 10. https://www.surveymonkey.com/r/GP22SYY.

 

Preliminary results show

 

• Almost 76% report that they will lose over 50% of their income a result of COVID. However, 57% have NOT let anyone go as of the date of the survey.

 

• Businesses have had to shut down, deal with illness of owners and/or employees; they cannot operate their business at home; they are not able to

 

• obey social distancing on site and are dealing with loss of customer/ client demand.

 

• 70% need help addressing or changing business model or marketing to help keep customers/clients. They are concerned with immediate situation with regards to cash flow, rent, paying employees and trying to figure out if and how to continue after.

 

• 85% need financial assistance – the majority are applying for SBA loans but need help with the application process.

 

“The survey was designed to start a conversation and hear directly from the business owners. The more we know, the more ways we can focus our attention on what businesses need. We have a long road ahead and it is difficult to predict and prepare for all the curves and bumps along the way. But this survey is the beginning of trying to navigate that road as effectively, efficiently and compassionately as we can, together,” said Shari Rosen Ascher, Advocacy & Community Liaison Office of the Westchester County Executive.