70% of small business owners “37% reduction in sales this year”

“I can’t afford the labor cost, so I thought it would be better to close the door at all.”

Kim Mo, who runs a Korean restaurant in Namdaemun, Seoul, said, “This year, sales decreased by more than 70 from last year due to the aftermath of Corona 19. “It was the first time that customers were cut off like this even in the MERS era.”

Seven out of 10 small business owners were found to have experienced a decrease in sales this year due to the new coronavirus infection (Corona 19). The fixed cost, which is the most burdensome economically, was rent, and 32.4 of small business owners responded that they were also considering closing their business.

The Federation of Small Businessmen announced on the 27th that it appeared in a survey conducted on 1018 small businessmen from October 19th to November 5th by requesting a polling company Beyond Research. According to the survey, 70.8 respondents said their sales decreased from last year, 28.5 responded that there was no change, and 0.7 responded that it increased. The average sales decline was calculated at 37.4. By industry, the leisure service industry had the biggest hit with 43.9, followed by the education service industry (40.4), the lodging and restaurant business (39.5), and the wholesale and retail business (35.3).

The worst hit was the group infection at Shincheonji Daegu Church at the end of February last year (54.3), infection in the metropolitan area such as the Liberation Day assembly in August (13.4) and the group infection at the Itaewon club in May (8.1) He said he was big.

As the fixed cost (multiple responses), which is an economic burden, rent (68.8) was the most common, followed by labor costs (54.1), various taxes (50.6), and loan interest (14.8).

In the future, as necessary policies (multiple responses) for small business owners, it proposed loans for small business owners emergency management stabilization fund (56.5), rental support (51.2), direct and indirect tax benefits and reductions (47.0).

Kim Im-yong, chairman of the chairman So Gong-yeon, stressed, “As small business owners are burdened with rent, emergency support measures such as direct rental support and a large expansion of emergency loans should be implemented quickly.”

Reporter Jungwoo Lee [email protected]

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