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Showing posts from 2020

How Covid19 Pandemic Affected Small Businesses

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A write up on external forces PESTEL (identifying opportunities and threats) that may have positive and negative impacts on new business entrants (MSMEs) amid the covid19 pandemic. Do you want to receive updates - FREE to your inbox? . Subscription Link Political Threat: The political factor determines to which a national or local government influences a certain industry. The government tax policies and sanctions affect the revenue-generating structure of any MSME. The ongoing forced community lockdowns,  whether it be enhanced, general and modified lockdowns places pressure on the finances of medium to small businesses.  Unlike with the bigger and established companies that can absorb losses over a long period of pandemic lockdowns, the overhead expense of medium to small business continues to pile up in spite of government bailouts. These bailouts are very limited and impossible to cover all the costs due to long sanctions imposed by the government. In the city of Baguio ,...

IS THE RESTAURANT NEAR ME OPEN?

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IS THE RESTAURANT NEAR ME OPEN? ( Where will the restaurant business be from now on? ) The Restaurant Industry As regular customers, we were used to the old normal when it comes to food dining. Is the restaurant open near me? ,  Is the restaurant open?   Is the mall near me open? These are the usual questions that you and millions of people all over the world would ask whenever an occasion arises that requires food. Food is always on any one’s agenda. Whether it's a la carte or buffet restaurant, fast food chain or a coffee and pastries coffee shop. People carefully plan out  their activities and the occasion will not be complete without planning as to which restaurant and to which type of food that fills up the cravings. Food dining has always been a part of our daily lives. Families, friends, work colleagues and businesses whether big or small always include food in their day to day schedule and programs. Parties, celebration...