Cargando…

Small businesses and their challenges during COVID-19 pandemic in developing countries: in the case of Ethiopia

Mainly this study was aimed at demonstrating the challenges of small businesses during the corona virus pandemic in developing countries, specifically in Ethiopia. Methodologically, the study deployed secondary data analysis following a descriptive research design. Furthermore, this study was conduc...

Descripción completa

Detalles Bibliográficos
Autor principal: Engidaw, Abriham Ebabu
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8744037/
https://www.ncbi.nlm.nih.gov/pubmed/35036286
http://dx.doi.org/10.1186/s13731-021-00191-3
_version_ 1784630036240793600
author Engidaw, Abriham Ebabu
author_facet Engidaw, Abriham Ebabu
author_sort Engidaw, Abriham Ebabu
collection PubMed
description Mainly this study was aimed at demonstrating the challenges of small businesses during the corona virus pandemic in developing countries, specifically in Ethiopia. Methodologically, the study deployed secondary data analysis following a descriptive research design. Furthermore, this study was conducted through both qualitative and quantitative research approaches. The secondary data analysis result shows that many small and large businesses are suffering challenges and this unprecedented coronavirus crisis has caused destruction for many businesses in the globe and it is challenging to survive with reduced revenue, jobs lost and life slowing down and weak marketing performance even difficult to keep a calm head and their business alive. To support these businesses, the government should use different mechanisms by cooperating with wealthy peoples and other non-governmental organizations. Besides, small business owners should manage expectations and communicate with staff, suppliers, banks, and customers throughout this coronavirus frightening. Reduce expenses be open to their employees about their finances and keep marketing, use different alternatives to deliver their product, and recover from the crisis. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1186/s13731-021-00191-3.
format Online
Article
Text
id pubmed-8744037
institution National Center for Biotechnology Information
language English
publishDate 2022
publisher Springer Berlin Heidelberg
record_format MEDLINE/PubMed
spelling pubmed-87440372022-01-10 Small businesses and their challenges during COVID-19 pandemic in developing countries: in the case of Ethiopia Engidaw, Abriham Ebabu J Innov Entrep Research Mainly this study was aimed at demonstrating the challenges of small businesses during the corona virus pandemic in developing countries, specifically in Ethiopia. Methodologically, the study deployed secondary data analysis following a descriptive research design. Furthermore, this study was conducted through both qualitative and quantitative research approaches. The secondary data analysis result shows that many small and large businesses are suffering challenges and this unprecedented coronavirus crisis has caused destruction for many businesses in the globe and it is challenging to survive with reduced revenue, jobs lost and life slowing down and weak marketing performance even difficult to keep a calm head and their business alive. To support these businesses, the government should use different mechanisms by cooperating with wealthy peoples and other non-governmental organizations. Besides, small business owners should manage expectations and communicate with staff, suppliers, banks, and customers throughout this coronavirus frightening. Reduce expenses be open to their employees about their finances and keep marketing, use different alternatives to deliver their product, and recover from the crisis. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1186/s13731-021-00191-3. Springer Berlin Heidelberg 2022-01-10 2022 /pmc/articles/PMC8744037/ /pubmed/35036286 http://dx.doi.org/10.1186/s13731-021-00191-3 Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open AccessThis article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) .
spellingShingle Research
Engidaw, Abriham Ebabu
Small businesses and their challenges during COVID-19 pandemic in developing countries: in the case of Ethiopia
title Small businesses and their challenges during COVID-19 pandemic in developing countries: in the case of Ethiopia
title_full Small businesses and their challenges during COVID-19 pandemic in developing countries: in the case of Ethiopia
title_fullStr Small businesses and their challenges during COVID-19 pandemic in developing countries: in the case of Ethiopia
title_full_unstemmed Small businesses and their challenges during COVID-19 pandemic in developing countries: in the case of Ethiopia
title_short Small businesses and their challenges during COVID-19 pandemic in developing countries: in the case of Ethiopia
title_sort small businesses and their challenges during covid-19 pandemic in developing countries: in the case of ethiopia
topic Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8744037/
https://www.ncbi.nlm.nih.gov/pubmed/35036286
http://dx.doi.org/10.1186/s13731-021-00191-3
work_keys_str_mv AT engidawabrihamebabu smallbusinessesandtheirchallengesduringcovid19pandemicindevelopingcountriesinthecaseofethiopia