SCEDP COVID 19 Business Survey - October 2020

Please Note: All contact information will be kept confidential.

Question Title

* 1. How has your business been impacted by COVID-19?

Direct negative impact (still cannot provide service or limited service)

Indirect negative impact (my clients cannot provide service)

I have closed my business (if this answer is selected please advance to Q11 and Q12)

Not impacted

Direct positive impact (mask, sanitizer supplier, cleaning service)

Indirect positive impact (essential service or supplier)

Other (please specify)

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* 2. Prior to Covid pandemic, where did you physically conduct business from?

From home

From a dedicated office

At my customer’s location (onsite)

Other (please specify)

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* 3. Today, where do you physically conduct business?

From home

From a dedicated office

At my customer’s location (onsite)

A hybrid of office and home

My business is on hold

Other (please specify)

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* 4. Where to you expect to conduct business in the future?

I plan to remain in my current location

I plan to downsize to a smaller location

I will work strictly remotely

Small storefront

E-commerce

Question Title

* 5. What types of business activity are you conducting currently? (select all that apply)

Virtual Meetings with clients

Limited to marketing my business

Making purchasing decisions

Actively working on strategic planning

Research & Development

Actively expanding or renovating my place of business

I have paused activity on my business

Other (please specify)

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* 6. What were your business investment priorities BEFORE COVID-19? (select all that apply)

Expanded Staffing

Products

Software

Hardware

Marketing

Financial

Insurance

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* 7. What are your business investment priorities TODAY?

Staffing

Facilities

PPE

Products

Software

Hardware

Marketing

Financial

Insurance

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* 8. What is your toughest business challenge right now?

Staffing (hiring)

Supply chain (vendors, distributors)

Cashflow (meeting financial obligations)

Production (no demand or unable to meet demand)

Trying to stay open

Unable to conduct business at all

Other (please specify)

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* 9. Have you been able to shift your business to a virtual working environment? (select one)

Didn’t need to

Yes – 100%

Yes – 75%

Yes – 50%

Yes – 25%

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* 10. Do you anticipate that you will need to continue to rely on outside financial support? (select all that apply)

Private Loans

Bank-Issued Loans

NJ government assistance

Federal Government assistance

Small Business Administration (SBA) Loans

I do not anticipate needing outside financial support

Other (please specify)

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* 11. Did you apply for any of the Federal or State Loan Programs? (PPP, EIDL, etc.)

PPP

EIDL

NJ Small Business Grant

SBA Microloan Program

USDA

None

Other (please specify)

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* 12. What is the status of your application(s)?

Lost in the system and never got through

Denied – Program closed due to meeting funding cap

Denied – other reasons

I was approved but never received funding

Approved and received funding

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* 13. What is your outlook on your business activity for the coming year?

I anticipate I’ll be able to continue operating, business as usual

I anticipate that I’ll be operating with expected growth

I anticipate that I’ll be operating at lower levels of activity

I anticipate that I’ll be pausing business operations temporarily

I anticipate that I’ll be pausing business operations indefinitely

I anticipate I will close my business

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* 14. What is your outlook on your business performance and revenue for the coming year?

I anticipate I’ll perform on par with last year

I anticipate that I’ll be growing by 10% or more

I anticipate that I’ll be growing by 25% or more

I anticipate that I’ll be growing by 50% or more

I anticipate that I’ll see a decline in revenue by 10% or more

I anticipate that I’ll see a decline in revenue by 25% or more

I anticipate that I’ll see a decline in revenue by 50% or more

Other (please specify)

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* 15. Please tell us what industry your business reflects.

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* 16. Please tell us the number of employees at your company.

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* 17. What percentage of those employees are located in NJ?

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* 18. Please tell us your company's annual revenue.

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* 19. If you would like to receive the results of this survey, please provide your contact information below. All contact information will be kept confidential.

Name

Company

Email Address