Global share of expected impacts on family business sales from COVID-19 in 2020

Published by
Einar H. Dyvik,
Jul 4, 2024
In a 2021 online survey, around 55 percent of family business owners said that they expected 2020 to show a growth in sales before the COVID-19 pandemic. However, as the results of the appearance of the coronavirus, only 28 percent of the respondents still believed in the growth of sales.

Share of expected impacts on global family business sales due to the COVID-19 pandemic in 2020

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Release date

February 2021

Region

Worldwide

Survey time period

October 5 to December 11, 2020

Number of respondents

2,801 respondents

Age group

18 years and older

Special properties

family business owners and leaders

Method of interview

Online survey

Supplementary notes

Original question: "Looking back over the last financial year, before the COVID-19 pandemic, would you say your sales have been… And what do you think the impact of the COVID-19 pandemic will be on your sales?"

Totals to not equal 100, because results show only the percentage of responses indicating sales growth or decline answers to the multiple-choice questions and not “stable” or “don’t know.”

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