How did covid 19 affect some business, and how has it been a positive effects to some business

[Abee111]

Covid19 affects so many businesses in many areas positive and also negative, it also makes opportunity to some to enter into new business. how did it affect them

 

[sincerem]

The dreaded impact of covid19 isn't anyone's interest especially those whose business collapsed due to covid19 pandemic unexpected occurrence. Those who got alternative plans for their business simply utilize it and save their business from crashing down unexpectedly too. Online have become go to advertisement place for all business to come and showcase their business products and ship it through offline where it wouldn't be crowded in order to limit the spread of covid19.

 

[Chibson]

The covid19 pandemic came as a shock to a lot of people around the world and it affected a lot of businesses all over the world in the sense that many of them I had to close down. The economy of many countries we are greatly affected by the unexpected coming of the covid19 pandemic. In my country of residence main Street businesses were closed down during the lockdown of the pandemic and this affected owners in the sense that there were economic hardship. Even though, the pandemic came with a lot of negatives but there are also positives to some people because many people that were fired from their jobs were eager to look for ways of making money on the internet. This has prompted a lot of people to do research and and learn many things and therefore creating jobs for themselves. I personally know a lot of people that ventured into several online businesses during the Corona virus pandemic lockdown and today they are doing very well and making thousands of dollars on monthly basis. Some of them are now professionals in affiliate marketing and some are YouTubers making a whole lot of money on monthly basis. There is no doubt that the Corona virus pandemic affected many people but it also blessed some people.

 

[Alexandoy]

When the pandemic started there was panic in businesses that deal directly with customers like stores and banks. But the panic subsided after several months when they learned to adjust to the situation. We now see that restaurants and fast food have cultivated the delivery system so that business can continue even for a minimal operation only. At least the business is earning and the employees have a job to speak of even if the method of employment is now on a rotation basis (workers get work 3 times in a week only). However, some businesses were not able to recover because there is no alternative. The gym and the spa which directly deals with the customers are closed due to the protocol which means there is no operation whatsoever. A neighbor who opened his spa a month before the pandemic started lost so much money in the renovation of his business place.

 

[Jasz]

When we talk about Covid 19, many people think about the negative effects the most. Covid 19, allows employees to work from home on "non-work" days, has had both positive and negative effects. There are many companies that definitely benefit from covid 19, but there are also many who suffer as a result of it. Some of the companies that are benefiting from covid 19 are tech companies and online business, because they can take advantage of the fact that most of their employees don't need to physically interact with any other people in order to get the job done.

Other companies such as those who rely on retail have not benefited much. Those companies have lost out on a lot of money since customers have a harder time purchasing products when they are continuously bombarded with marketing messages. It is evident that covid 19 has made its mark on our economy and will continue to do so for years to come.

However, some small businesses don't have to worry about the numerous sales tax rates in the United States and Canada, and can instead focus on their core competencies.

This has allowed businesses to innovate in various ways, including resources going toward product development instead of sales tax collection.
There is also a reduction in paperwork, and many businesses have improved customer service by putting more time into other areas.

 

[Sotherefore]

The Corona virus pandemic affected all business all over the world that is why in most cases a lot of countries that is affected by this deadly disease will always choose to close their border and to limit how they really interact with other affected country because they are really interested to cut the risk of exposing the whole country to danger because international trade and relations can really increase the rate of the Corona virus infection which could possibly leads to disaster.

During the pandemic. A lot of business was close down and some of these business are the type of business that are perishable and because of this most people who engages in this business are likely to lose so much of their money since there was a longtime of lock down then.

At The same time a lot of people who depends on their business didn't really have anything to relying on as their source of income and as a result of this they were likely to depends on the business they have established , because of these factors there are some business that closes during the lockdown period and up till now they do not really have the energy to rise Back.

 

[Moni]

Corona virus has bring many negative effect and also some positive effect to some business too. But the negative effect is much more higher than the positive ones.

Corona virus has bring low productivity to the whole world which it the great effect on this world. During the lockdown, many companies and businesses were shat down yet most companies and businesses were still paying their worker.

Farmers were not able to cultivate during the lockdown which also brought low productivity to some factories. I remember I was buying a silicon rubber on Alibaba which they notified that the price has raise due to the corona virus.

This same corona virus has bring some positive effect to some business and companies. For instance, the company or the factory which produces no mask also got money on this corona virus time.

So in all it brought negative impact or negative effect to most companies while a the same time brought positive effect to some businesses.