The Impact Of COVID-19 On Small Business Outcomes And Expectations
Our research focused on the responses to the COVID-19 pandemic and lockdown. The main results were grouped into 3 categories as follows.The impact of COVID-19 on business operations and employment at the start of the crisis.The financial fragility of such businesses as seen from their cash on hand and ongoing expenses.Expectations on how long the crisis will take and their economic survival to understand the impact of the pandemic on future policies.The initial question was whether the business was still operational amid the pandemic. Most business owners, especially those of coffee shops and takeaway afternoon tea,…