FOR IMMEDIATE RELEASE – April 7, 2020

CONTACT:
Debbie Elliott
Talk, Inc.
910-471-3181

PLEASURE ISLAND CHAMBER OF COMMERCE MEMBER SURVEY
REVEALS IMPACT OF COVID-19 CRISIS TO AREA BUSINESSES

87% SAY THE CRISIS HAS SIGNIFICANTLY OR SOMEWHAT NEGATIVELY IMPACTED THEIR BUSINESS

CAROLINA BEACH, NC – The Pleasure Island Chamber of Commerce , which represents the coastal communities of Carolina and Kure Beaches and southern New Hanover County in North Carolina, distributed an online survey to its membership on Saturday, March 25 to determine the impact of the Covid-19 crisis on their business and to also determine how the Chamber could best serve members’ needs during this time. The survey was distributed just two days prior to North Carolina Governor Roy Cooper issuing his “stay at home” order through April 29. The online survey was distributed to a database of 653 and 54 responses have been received to date.
               Here are some of the highlights from the survey responses:

·           To what extent has the Covid-19 crisis impacted your business?
·          57.4% said it has had a significant negative impact
·          29.6% said it has had a somewhat negative impact
·          1.8% saw a significant increase in business

·           Has your company had to lay off employees?
·          51.8% said no
·          20.3% said yes
·          12.9% said not yet, but they anticipate that they will

·           Is your business still operating?
·          33.3% said yes, same schedule as normal
·          7.4% said yes, but staff is working remotely
·          22.2% said yes, but on limited hours
·          14.8% said they were closed

·          What are some of your biggest challenges to date?
·          77.3% said maintaining sales and revenue
·      75.4% said the lack of time frame for how long the crisis will last and the inability to plan accordingly
·          24.5% said having to lay off employees

·          What information and resources can the Chamber provide to assist you and your business?
·          61.5% said local needs in the community and how we can help
·          59.6% said promote the creative ways that local companies are staying afloat
·          50% said assistance in securing SBA loans and other financial support
·          48% said Covid 19 updates

               “We are a beach community and Pleasure Island is comprised primarily of small businesses -- many of which rely heavily on travel and tourism, so the Covid-19 crisis has had a significant impact,” said Lynn Halterman, Chairman of the Pleasure Island Chamber Board of Directors. “But we are also a very resourceful and resilient community and when there is a crisis, we support each other. We’ve had our share of challenges with hurricanes and economic slowdowns, but we always bounce back better, stronger and more determined than ever. We will continue to work hard at the Chamber to support our members and our community and look forward to brighter days ahead.”

               Throughout the Covid-19 crisis, Greg Reynolds, President of the Pleasure Island Chamber, has emailed regular updates to area businesses about information and resources available to them, including how to apply for Payroll Protection Program (PPP) loans. The Chamber has an archive of all announcements and resources on its website Coronavirus page . Greg is also routinely updating the Chamber’s Facebook page with news and updates, including a weekly video by Chamber Board members to help educate and inspire members. A list of all area restaurants that are open and available for pickup and delivery orders is also available on the Chamber website’s home page.

               For additional information, please visit PleasureIslandNC.org.

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1121 N. Lake Park Blvd.
Carolina Beach, NC 28428
910-458-8434
www.PleasureIslandNC.org
Greg@PleasureIslandNC.org