One in five entrepreneurs estimated their own financial buffer at less than three months in 2019. This is reported by the Central Bureau of Statistics (CBS) on Thursday in collaboration with TNO on the basis of the biennial Self-Employed Survey of Labor, which was conducted before the corona crisis.
According to the results, surviving without income from their own business would quickly become a problem for 20 percent of the self-employed. Incidentally, nearly 40 percent of those surveyed estimated they could last for a year or more. 16 percent did not dare to estimate.
Of all 1.2 million self-employed entrepreneurs, almost 1 million does not employ staff, which makes them self-employed. According to the survey, self-employed people do not usually survive longer than companies with employees, with 41 versus 34 percent respectively.
Taxi drivers, hairdressers and artists get into trouble the fastest
If only self-employed people are looked at, it appears that the people who have a transport / logistics, service, creative or linguistic job expect that they can survive the least long without income. They replied relatively most often that they have a maximum buffer of three months.
This group includes, for example, taxi drivers, sports instructors, hairdressers, artists and catering entrepreneurs. “These are professions that temporarily have less or no work because of the corona measures,” Statistics Netherlands writes.
Self-employed persons in the agricultural sector estimate relatively least to have a buffer of less than three months.
Follow the latest developments around the virus in our live blog.
The coronavirus in short
–
–
–
– .
