Considering the COVID 19 pandemic and its impact on the general business environment, use the business model canvas to develop a new business that has higher chances of survival, growth and profitability: stating clearly your justifications.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Considering the COVID 19 pandemic and its impact on the general business environment, use the business model canvas to develop a new business that has higher chances of survival, growth and profitability: stating clearly your justifications.

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Step 1

COVID-19's influence on small business performance and expectations

This research gives economic information based on a survey of over 5,800 small enterprises. The findings shed light on many small firms' financial vulnerability, as well as the severe impact COVID-19 had on these enterprises in the weeks after the interruptions caused by COVID-19. The findings also contain information on businesses' long-term projections of COVID-19's impact, as well as their assessments of government relief measures.

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