When Covid-19 came along, it had drastic effects on many people’s lives. They had to change the way that they lived on a daily basis and they feared catching the virus. The practising of the protocol by the CDC and the government was mandatory and people listened so that they could stay healthy and continue on with their lives. Since a lot of businesses from coffee shops to those selling greetings cards in Hampshire were affected in a negative way, we wanted to look into it further.
The Way COVID-19 has Impacted the Expectations and Outcomes of Small Businesses
We wanted to check into the effects that the pandemic had on small businesses. Our sampling was made so that we could look into three different factors. First, we wanted to know if they had to shut their doors and if they did was it temporary or permanent? We also wanted to know how it affected the financial segment of their business. It was imperative to find out how much they had suffered. Last, we wanted to know how they looked at the future and if they thought that they could overcome the drastic effects that the pandemic took on their businesses.
Did They have to Close Their Doors?
There were many small businesses that needed to close their doors during the main part of the pandemic. Mostly, they had to close temporarily. In fact, 41% of our sample businesses did. There were very few that had to close permanently. Since this can make a huge difference in the way that they feel about the future of their company, they went through a lot of difficult times.
Did it Hurt Them Financially?
They were definitely affected in an adverse way when it came to their finances. Many of the smaller businesses didn’t know if they could make it through the tough times at all. If they heard of any programs that the government was putting out, they did take advantage of them in order to see if it might help them to stay afloat until the pandemic was under control.
What About the Future for These Companies?
Many of these companies are looking to the future with great hope. They want to make sure that they give out specials and discounts to lure back their customer base. The fact that many of their employees are coming back to work for them is encouraging to them and they feel that they can go on and become even more successful than they were in the past. Since this can make such a difference, it’s important that they keep a positive attitude while they are getting back to normal and are able to operate at full capacity again. This can make all the difference in the world for them and they know it. They look forward to generating a profit to make up for the past.
The pandemic affected so many people. From sickness to death and the closures of businesses, everyone had to change in order to get through the rough times that the pandemic caused the world. Since many people have hope, they are doing what they need to do in order to recoup the losses that they may have experienced during the horrible times that they had to go through. They are so grateful that they can go back to normal and make a go at it again. Hopefully, they will succeed in many ways and do much better than they ever did in the past. This is quite possible when they put their minds to it. They know that their hard work will pay off in many ways and their determination will allow them to reach their goals.