At the time of conducting the member survey in September 2020, six months without business means a duration until March 2021. In total, this would mean a close down for one year.Only a fraction of the members were able to increase their portfolio by alternative sources of income, like shopfitting, interior or CoVid related prevention products.Three quarters of all participants would survive another six months period without business, either through savings or with difficulty. But only 8% managed to find another source of income.15% would have to close down their business in such case.
This is part of a very extensive member survey of the IFES. The evaluation is available on the IFES website