Yes, the online business was not much affect due to the pandemic because most of the people do not physically visit online stores and they do not visit restuarants in the online world and I think this was the main reason.
Financial Impact of Covid-19 on Business Owners.
- Thread starter MarieArie
- Start date
Yes, the online business was not much affect due to the pandemic because most of the people do not physically visit online stores and they do not visit restuarants in the online world and I think this was the main reason.
in fact during the pandemic. A lot of people actually switch to online mode of buying and selling and the online business actually booms a lot during the pandemic. I make money online during that time a lot.
I really do not understand the world crisis any longer, should I consider the cause of the problems as covid-19 or there are other caused.
Many farms closed down because they couldn't afford the cost of feeding. Is this also as a result of covid-19?
Many farms closed down because they couldn't afford the cost of feeding. Is this also as a result of covid-19?
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I really believe that affiliate marketers benefitted a lot during this pandemic, since people were not go out for shopping. This made online business and affiliate marketing even more successful.
Almost everybody making money online add opportunity to boost their earnings during this Corona virus it is the offline businesses are mostly affected but thank God the virus is almost becoming a though it has send the signal that we should have both online and offline means of making money as you can see that the world is going digital.
During the lockdown a lot of busineses where affected,it was only essential items and food products that where on high demand,as every thing has to go down to survival.movements was restricted and vendors has to be selling foodstuff in the neighbourhood.
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Covid-19 really affected businesses negatively and at the same time positively to some businesses.
Through some got affected negatively but not like the health sectors, health sector really improve in their profession because covid -19 really push them to do more. And those that do sell drug really made it during Covid-19 because their sales increase drastically.
Through some got affected negatively but not like the health sectors, health sector really improve in their profession because covid -19 really push them to do more. And those that do sell drug really made it during Covid-19 because their sales increase drastically.
It was a difficult period for businesses world wide. Some business owners received grants and loans from their government to start up again while some improvised by going online. But thank God gradually life is returning to normal.
Covid-19 have adverse effects on several businesses all over the world but in the same way it has also enhance the particular type of businesses.
People have learnt that online business can also be done to survive in emergency conditions.
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Covid-19 pandemic really shocked the world because it caught the world unaware. It affected about 80% of businessmen in Nigeria during the lockdown and this has caused so many companies to close down.
Companies that are into this situation should obtain loans from banks or grants from government and start afresh
Of course, covid-19 has dealt with many companies and business such that their finances have gone to the lowest. It will be highly difficult but not totally impossible that they can bounce back and return to normal. It would take a great deal of hard work and capital to raise those companies to the standard they were before the pandemic. They would need to go back to the drawing board as source for funds and resources that would facilitates the standard they were in.
Corona virus affected so many people and business owners and I believe Corona virus affected me so much and my little business, many businesses has already been in debt because of the virus and many businesses has also been in pause ever since
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Well shall this pandemic affect some many things like economic growth development and somany things but for this business part of business is affected but those selling food stuff some how rejoice a lot because of the pandemic them sell a lot of their goods
Covid-19 a pandemic period is really a challenging for everyone im the world right now. The business world feels its impact more than any other sector except that of health. It has made more people lose money than those who gained from it.
Covid-19 pandemic has really dealt a huge blow to the world economy and has also slowed down some business organisation while some went bankrupt and were shut down, it has nit been easy to fill the financial gap and if the government can intervened and assist some business organistion to rise up again.
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Blessing76
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The ristrictions imposed during the covid-19 lockdown had lots of effects on business especially small business owners,so many companies went bankrupt
Covid -19 pandemic, really affected most offline businesses both financially and economically. It has caused some Businesses and companies to closed down due to inability to cope during the pandemic. I think the best thing to do is to raise a support or obtain loans to start afresh
Covid-19 pandemic really dealt with the world economy, many countries economy were seriously affected and lots of businesses were shut down, while others had to retrench part of their workforce in order to survive. Truth is that at the end of it all, some of the businesses will still rebuild and come out stronger.
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Covid-19 has a great financial impact on business owners in the sense that people do not move around freely unlike before.people watch what they buy, where they buy from and even things they buy due to the virus spread and all it has streamlined customers wants and needs .
It also has an influence on people who were representatives from private areas and who, month after month, acquired a business that did not impact on employees, but also influences the whole word association and its wonder that Coronavirus has gravely and financially annihilated everyone this year due to this pendamic.
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