Leeds Grenville businesses showing resilience
Thank you to the 319 businesses who completed the 2021 Leeds-Grenville-Thousand Islands and Rideau Lakes Business Survey.
The survey respondents were from a mix of industry sectors with the largest numbers coming from Retail, followed by Arts, Entertainment and Recreation. Over 90% of survey respondents were those with under 20 employees, which is representative of the size of businesses in Leeds Grenville.
In 2021, the survey shows a 1.4% increase over 2020 in the number of businesses anticipating they will be closing permanently.
Overall, Leeds Grenville businesses are adapting with 36.5% adjusting / maintaining status quo / not affected compared to 20% last year. A positive statistic for the region is 17% of businesses are growing compared to only 5% in 2020.
The survey recognized that businesses are continuing to have challenges when it comes to an increase in product prices and supply shortages. Businesses that requested assistance and provided their contact information will be connected with in the next week, if not already.