What are the Effects of Pandemic to Small and Medium enterprises and economy?

[GIFTMICHAEL]

Here in my country, we aren't faxed by Covid struggles. We are just living life normal now, but still observing some precautions to avoid contracting it again. All businesses have resumed normal activities.

 

[Ralphjoe]

In Nigeria, some small and medium enterprise had to shut down as a result of this pandemic. Businesses were shut down to prevent or reduce the spread of the virus.
However, some SMEs who can deliver through online platform continued business

This is actually an indication that the online business space is one of the most the creative platform ever even in this pandemic. As most businesses and now relocating to the online way of doing business because of the emergence of this crisis.

 

[Senator]

The effect of pandemic to small and medium business enterprises in the economy is that these small and medium businesses will have to short down because they can't continue in business under the pandemic situation

 

[eLdavis]

Small scale and medium scale industry have been affected drastically by the present covid-19 pandemic. This has stopped them from operating and has made them to lose their customers and source of livelihood. Some have sacked their workers because they can't pay them

This is quit true, during the pandemic i saw so many companies lay off workers unexpectedly, it was a very painful experience for most as they didnt even know where to start from. Even big companies had to drop off some workers, i cant imagine how bad it was for small companies

 

[Josemendez]

This is quit true, during the pandemic i saw so many companies lay off workers unexpectedly, it was a very painful experience for most as they didnt even know where to start from. Even big companies had to drop off some workers, i cant imagine how bad it was for small companies

The worst was on petty traders who depends on the money they got from the sales they make in a day to be able to eat . They suffered due to the pandemic and some of their goods perished

 

[Kelly5]

The effect of pandemic on small and medium scale businesses and enterprices is that it makes those businesses close down without any hope of getting them back up and there by causing increase in the level of unemployment again

 

[eLdavis]

The worst was on petty traders who depends on the money they got from the sales they make in a day to be able to eat . They suffered due to the pandemic and some of their goods perished

True, they really had it worse as majority of them had no other means or source of getting income. There where some cases of a few who even committed suicide, that was how serious the case was

 

[Heatman]

The effects of the Corona virus pandemic causes a lot of small business and medium business Enterprise to go on lockdown ,this leads to destruction and expiration of product since they were not able to sell them.

Exactly, you have a very good point because even with such businesses being forced to close down, a lot of people lost their jobs and means of earning in the process.

 

[Josemendez]

True, they really had it worse as majority of them had no other means or source of getting income. There where some cases of a few who even committed suicide, that was how serious the case was

It was bad , and sadly some government officials were not able to disburse the palliative given out to the people by the government. Indeed we hope that similar situation do not happen again in future .

 

[Salimo]

Covid 19 have tremendous effects on business and even small companies and entreprises are damaged by this Virus but now they are reviving again .

 

[Sincerem]

Those who are heavily marred by the covid19 gave started to come back gradually into their business and put that early set back behind them.

 

[eLdavis]

It was bad , and sadly some government officials were not able to disburse the palliative given out to the people by the government. Indeed we hope that similar situation do not happen again in future .

The events during the pandemic actually made our eyes to see what the government really had in mind. We could clearly see their cruelty by their actions of not sharing the palliative. There where cases of people who committed suicide because they had no access to food or supplies.

 

[Jlife]

Exactly, you have a very good point because even with such businesses being forced to close down, a lot of people lost their jobs and means of earning in the process.

I just believe that they must have gone back to their business by now, because the pandemic is almost over although there are some cases have been reported daily, but at least the rate has been reduced to a point in which you can conveniently do business.

 

[Setho]

When the pandemic started . a lot of the population were made to stay at home to prevent spread so their business was locked and some no relief was given.

 

[Josemendez]

The events during the pandemic actually made our eyes to see what the government really had in mind. We could clearly see their cruelty by their actions of not sharing the palliative. There where cases of people who committed suicide because they had no access to food or supplies.

Yeah . This is sad that the rich are stealing what belongs to the poor and this is indeed a bad thing as the poor are thus getting poorer and the rich richer as days go by.

 

[Heatman]

A lot of businesses are still scrambling as a result of the pandemic of coronavirus effects on their businesses lately today and there is nothing they can do about it because the virus is still causing rampage all over the world.

 

[Alexandoy]

Covid 19 have tremendous effects on business and even small companies and entreprises are damaged by this Virus but now they are reviving again .

On the contrary here small businesses are growing in this pandemic era. However, big businesses are suffering but still surviving. Hardly hit are the medium scale businesses like the spa, gym and buffet restaurants which have very low volume of customers in avoiding contamination of covid.

 

[Senator]

With a pandemic like the one the whole world just witnessed and is still experiencing now, a lot of things and people have lost jobs and livelyhood. It cripples the world's economy

 

[Ralphjoe]

The pandemic has affected most businesses in my country and also increase the economy level, because the empact the pandemic has affected on small scale business is so terrible especially offline business

There is no business that the coronavirus pandemic has not affected in one way or the other the thing is that most businesses are just trying to adjust to the situation and trying to make out the best way of the situation.

 

[Sotherefore]

The pandemic causes a lot of downfall to a lot of small business Enterprise, but even with this there are some that were able to survive during that hard period, it almost lead some country into a serious recession but they are trying to recover now.