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The impact of COVID-19 on small businesses
Coronavirus- Originated in China, has affected so many people globally. Since there is no vaccine made yet to put a complete stop to the spread of this virus, some measures like social distancing, avoiding contact with the infected people, and personal hygiene measures are taken by the people to reduce getting into contact with this virus.

After the pandemic arose, it shattered the whole world to the core. It’s an uncertain time and we don’t know the answer to every question but we’ll provide you with some guidance for small businesses and their customers who may be experiencing a shift. Impact of Covid-19 on businesses, Covid-19 has changed our view of seeing the world. It is surely affecting the health of individuals and our economy too. Although every firm is affected by this pandemic, the depth and nature of its impact differ by the size of the firm. Surveys show that one out of every four micro, medium and large enterprises were at risk of getting shut permanently. Over 82% of small businesses have experienced a bad impact and 70% of them feel that it would take them nearly a year to recover from this.

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