TD Bank’s Small Business Recovery Survey survey surveyed 750 small businesses, the country’s best friend, with annual earnings of less than $10 million and 250 or fewer employees. Companies with annual gains of $500,000 or less, representing 59% of respondents, were even higher likely than those with consistent annual gains that reported expecting significant currencies in declines in 2020 (loss of 10% or more), with 38% of this organization making such projections.
