International Journal For Multidisciplinary Research

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Entrepreneurship and COVID-19: Effects of COVID-19 on MSMEs in Halmstad, Sweden

Author(s) SHOVAN NASIM HAIDER
Country Bangladesh
Abstract The COVID-19 pandemic has been wreaking havoc on the economy as well as the fact that it creates possible opportunities, since it’s surgence in the beginning of 2020. This paper aims to specifically analyse the effects, both positive as well as negative, of the pandemic on Micro-, Small-, and Medium-Enterprises (MSME’s) in Halmstad, Sweden.
For this purpose a total of seven (7) interviews have been conducted with business owners, and in some cases managers, from a variety of different businesses. The interviewees include managers and owners from, restaurants, fabric oriented businesses, grocery stores, and printing businesses.
Results from these interviews paint a varied picture. Some businesses started collaborating more or made, often necessary, changes which helped to better the business results and or processes. Other interviewed businesses were less fortunate and mostly dealt with lower revenues, less customers and high fixed costs.
To draw meaningful conclusions it would be recommended to focus future research on this topic on a specific branch or set of branches. To further heighten the quality of the research the scale on which the interviews have been conducted could be enlarged, leading to more certainty in the conclusion when it comes to generalising findings.
Keywords Entrepreneurship, MSME’s, COVID-19 impact, Business development
Field Business Administration
Published In Volume 5, Issue 5, September-October 2023
Published On 2023-10-18
Cite This Entrepreneurship and COVID-19: Effects of COVID-19 on MSMEs in Halmstad, Sweden - SHOVAN NASIM HAIDER - IJFMR Volume 5, Issue 5, September-October 2023. DOI 10.36948/ijfmr.2023.v05i05.7631
DOI https://doi.org/10.36948/ijfmr.2023.v05i05.7631
Short DOI https://doi.org/gswg62
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