EFFECTS OF COVID-19 PANDEMIC ON PERFORMANCE OF SMALL BUSINESS OF KWARA STATE, NIGERIA
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Date
2023-07-12
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International Journal of Enpreneurship Innovation and Management
Abstract
The study identified Effect of Covid -19 on business performance in Ilorin metropolis. This with a view to providing information for management of small and medium enterprises business in maintaining a constant covid-19 measures particularly the appropriate ones that will increase increased productivity. The instrument for data collection was questionnaire with the population of 180 small business. The sample size of 124 was reached through the use of Taro yamani. To elicit information on effect of Covid-19 and its resultant effects on SMEs. The Data were analyzed using appropriate descriptive and inferential statistic and adoption of linear regression, the result revealed that there is a significant impact of Covid- 19 on SMEs performance. The variables considered include social distancing, business lockdown. The result regression table shows that Covid-19 has a significant effect on service quality and markets share of SMEs in Ilorin, Kwara State. The study recommends that small-scale business should adopt other strategy in their business operations. Strategy such as: Tele-migration and other e-service to enhance the business performance in the countries.