European firms shun crisis planning ahead of Brexit, study shows
17 January 2020
• Major new study of 2,975 small businesses across five European cities, supported by J.P. Morgan, finds one-third have experienced a threat to their survival in the past five years.
• Despite this, crisis planning is not widely undertaken by small businesses, which struggle to identify the most potent sources of business disruption.
• Firms run by women and ethnic minorities experience more crises, suggesting a lack of appropriate support and avoidance of outside advice put them at greater risk