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Abm 3 12
Abm 3 12
The research about the “Impacts of COVID-19 on small business owners” aimed
to explain briefly towards the end of the student about the following questions:
1.1 Sex
1.2 Age
2. What are the perceived effects of COVID-19 on small business owners in terms of:
2.1Work Experience
distraction to life in the world. This virus is highly transmittable and has spread with
inconsistent progress in every corner of the world. One of the most impacted groups
has been small businesses who faced the challenge of dwindling staff and customers
while implementing new social distancing and public health practices. The COVID-19
China in December 2019. (Akpan et al., 2020a; CDC, 2020; Huang et al., 2020; Ting et
al., 2020), catching the globe off guard and unprepared, wreaking havoc on corporate
operations, with catastrophic consequences for small business. Small businesses are
likely to be severely affected, as they tend to be more concentrated in sectors that have
been directly affected by the COVID-19 response measures (e.g., retail and services)
and are typically more credit constrained than larger businesses (Cao & Leung, 2020;
Kumar & Francisco, 2005).Small businesses, after all, make up the majority of
(Humphries et al., 2020). Previous studies by Harel et al. (2019b, 2020a, 2020b) Small
firms that used open innovation tools outperformed small businesses that did not use
open innovation tools, according to a study that focused on boosting innovation in small
enterprises in various industry sectors (Harel et al., 2019b) and implemented processes
for sharing and utilizing knowledge (‘sharing processes’; Harel et al., 2020a) and
Previous research on small firms has found a direct correlation between innovation and
business performance and growth. (Baregheh et al., 2009; DTI, 2003; Smith, 2005;
greatly. The majority of the company’s operations have been halted. As a result, many
employees are laid off, while others work from home. Knowing these reasons allows us
to avoid and adapt to the current consequences. People are now able to obtain funds in
a variety of ways, including online selling and Non-Fungible Token (NFT) games. It
Conceptual Framework:
To the future small business owners, this study is important for them to speed up
and streamline the process of obtaining or gathering information that can be used for
a variety of reasons.
To the small business owners, the results may provide information as to how they
can cope with the challenges that affect their small business in the pandemic.
To future researchers, this study will serve as a basis for related topics. A
continuation of this study may be done to fill in the gaps of this research.
This study will focus one the impacts of COVID-19 on small business owners.
The goal of this study is to know the impact of COVID-19 on small business owners.
This study will be conducted in Lutucan, Sariaya, Quezon for it is where the
respondents are managing a business. It will focus on 5 selected small business owners
only.
Literature Review
pandemic and the ensuing global crisis. While the COVID-19 trajectory is still in its early
stages in the region, the ramifications of development elsewhere are already being felt
strongly.
social and economic impacts in order to design an appropriate and effective policy and
According to Fairlie (2020), find that the number of working business owners
plummeted from 15.0 million in February 2020 to 11.7 million in April 2020 because of
COVID-19 mandates and health- and economic-driven demand shifts. The loss of 3.3
million active business owners (or 22%) was the largest drop on record. When
conditioning on working roughly 2 days per week or 4 days a week, the losses are even
larger (28% and 31 percent, respectively). Total hours worked by all business owners
These findings build on the findings of a few related studies of the coronavirus's
study adds to our understanding of the key concerns, coping strategies, and changes
and adjustments made by these firms' owners and managers during the COVID-19
outbreak.
(SSA), including Ethiopia, are unlikely to escape the direct and indirect effects of the
pandemic and the attendant global crisis. While COVID-19's trajectory in the region is
still in its early phases, the effects of growth elsewhere are already being noticed. To
build an appropriate and successful policy and programmatic response, whether at the
country, regional, or global levels, it is critical to assess the scale, type, and depth of
resulting in a 15% drop in business activity from February to May 2020, and an
Research Design
This study entitled The Impacts of COVID-19 on Small Business Owners, aims to
type of research that collects and works with numerical data that seeks to interpret
meaning from these data. The researchers will use quantitative research with
The participants of this study are some of the small business owners in Lutucan.
The chosen participants best suit this study because they are the ones who could
provide valid data needed for the study. They will be chosen through Simple Random
Sampling, where we select a group of subjects for study from a larger group. The
researchers decided to use this technique because of its simplicity and lack of bias.
The researchers will follow several procedures to be able to finish the study. First,
the researchers will ask permission from the selected respondents. Next, the
researchers will interview with a structured questionnaire that will serve as the primary
data gathering instrument. Then the researchers will get the data needed for the
selected respondents. After collecting all the data compelled, the researchers will
synthesize the result of the research conducted through data gathered to make the
2. CONDUCT SURVEY