The widespread economic disruption triggered by COVID-19 in the USA had left the small business segment battered and bruised. The initial impact of the pandemic in America in March 2020 was extremely shocking, both for health and the economy. Rampant closure of businesses almost overnight and surging unemployment that reached levels never seen since the […]
Tag: pandemic effect
Challenges For Business During The Pandemic
One virus, infection spreading rate high, human beings clueless, and it results in chaos – Pandemic brought everything to a stand-still. Over the past two years, the world economy is wobbling and struggling to bounce back. There are several challenges for business during the pandemic. These include loss of market, governmental restrictions, struggles with logistics, […]
SMBs Opting For Digital And Technology Driven Approaches
Small and medium-sized businesses (SMB) make the world’s 90% global companies and speak volumes when adding to the workforce. Unfortunately, due to the pandemic, the global economy has been shaken, and SMBs are suffering the maximum. Therefore, to survive this damage more than 2000 small and medium businesses moved to digital technology. However, most of […]