Impact of Pandemic on Small Business – Business Assignment Help

Assignment Task

INTRODUCTION
Overview of the topic
Small businesses are defined as such businesses those are owned by privately owned corporations or any sole proprietorship and those are having lesser number of employees and annual turnover. Growth opportunities within small businesses are having higher growth opportunities as these businesses has capabilities to satisfy needs and demands of customers which helps the business to get succeeded (Akpan, Soopramanien and Kwak, 2020). In the current time due to implication of COVID the growth of small businesses are facing negative issues as due to lesser working capital they do not get much time to work without profits. This report is analysing differential aspects linked with challenges and role of government within small businesses of UK.

Research aim
Main aim of this research is “To identify the impact of pandemic situation on the growth of small business within United Kingdom: A study on Rowlinson Knitwear

Research objectives
• To identify the challenges faced by small business due to pandemic
• To examine the role of government of UK in protecting small business from pandemic
• To recognise the strategies that would be used by small business of UK for reducing the impact of pandemic on their growth
• To evaluate the benefits that are gained by small business by overcoming the challenges of Pandemic

Research questions
• How will be getting the data? What are the sources we are going to use?
• Any ethical consideration for the project?
• What are the major challenges faced by Rowlinson Knitwear due to pandemic?
• What are the roles of government of UK in protecting Rowlinson Knitwear from pandemic?
• What are the effective strategies that would be used by Rowlinson Knitwear for reducing the impact of pandemic on their growth?