Impact of COVID 19 on Organisational Performance of Home Bake

This dissertation examines the impact of COVID 19 on the organisational performance of Home Bake, a small business in the UK. It explores the influence of the pandemic on the business, strategies to overcome the impact, and the effectiveness of these strategies. The research aims to provide valuable insights into the challenges faced by small businesses during the pandemic.

Dissertation

Contents
TITLE..............................................................................................................................................1
INTRODUCTION...........................................................................................................................1
Research aims..............................................................................................................................1
Research objectives.....................................................................................................................1
Research questions.......................................................................................................................1
Background of the Dissertation...................................................................................................1
Significance of the Dissertation...................................................................................................2
The Research statement...............................................................................................................3
Structure of research....................................................................................................................3
Research problem........................................................................................................................4
Rationale of for conducting research...........................................................................................5
Summary......................................................................................................................................5
REFERENCES................................................................................................................................6

TITLE
“To examine the impact of COVID 19 on organisational performance of Home Bake.”
INTRODUCTION
Research aims
The main purpose of this research is determine the information about the influence of
current pandemic situation on the small business in UK which are situated as high street shops.
The aim of the company is:
“To analyse the impact of COVID19 on the small business. A case study on Home Bake.”
Research objectives
 To understand the impact of COVID 19 on Home Bake.
 To examine the influence of COVID 19 on the business of Home Bake.
 To investigate the different ways trough which Home Bake affected by the impact of
COVID 19.
 To explain the different strategies and plan that can consider by Home Bake in order to
overcome the impact of COVID 19.
 To evaluate the effective of strategies that use by small businesses in order to deal corona
virus pandemic situation.
Research questions
 What is the impact COVID 19 on small businesses?
 What is the influence of COVID 19 on the business of Home Bake?
 What are the different ways through which Home Bake affected by the impact of COVID
19?
 What are the different strategies and plan that can consider by Home Bake in order to
overcome the impact of COVID 19?
 What is the effectiveness of strategies that use by small businesses in order to deal corona
virus pandemic situation.
Background of the Dissertation
In current corona virus pandemic situation, the entire business world is highly affected in
unfavourable manner. COVID 19 and the resulting economic volatility has had an important
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influence on small business crosswise the UK. The pandemic threatens the mental wellbeing of
the small businesses owners and self employed which make up the backbone of the nation’s
economy in unprecedented forms (Bartik and et. al., 2020). This matters on more than just a
personal level, as when small businesses’ owner feel well, they are more persistent, productive
and innovative as well as their business perform and operate in effective manner. Small business
makes an effective contribution in the economic development of UK which is account for 50%
of the total profit generated by UK business. But with the current pandemic situation, causing a
crisis that highly affects the small businesses. The current dissertation will also cover
information about the impact of COVID 19 on the small businesses. For the completion of this
research, Home Bake is considered (WELCOME TO HOME BAKE OF SOUTHWELL. 2020).
This was incorporated in 2016, with a view to helping others create delicious baked goods at
home. It is situated in Queen St in the stunning historic town of Southwell, Nottinghamshire.
They offer a range of goodies, from ready to roll icing in a rainbow of colours, to cake toppers
and edible glitter. Also, they are always on hand to provide advice and direction with any project
from piping to a tiered wedding cake.
Along with this, the current research assessment will consider information about the
research aim, objectives and research questions, background, significance of the dissertation and
the research statement. Furthermore, the report will explain about the research framework,
research problem and the statement of the study. In the last, a brief summary will explain about
the specific area and theme of the research in an appropriate form.
Significance of the Dissertation
The key importance of this research study is that it will provide deep and brief information
about COVID 19 and the impact of it on small business as well as the influence which is made
by it on the business operations and activities. It is also crucial because it allows researcher to
present their findings in response to a proposition that they select themselves. The purpose of the
project is to test the independent research abilities that investigator have obtained during their
time of performing regarding project (Bartik and et. al., 2020). Additionally, this dissertation is
significant as it provide the exploration, discretion and explanation about the chosen area of
research. As well as this study is crucial because it provide detailed information about the impact
of pandemic situation which highly affect the small business like Home Back which are
operating their business in UK such as High street with the aim of offering quality services to
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people and fulfilling their needs by providing commodities as per the requirements. Also, this is
significance for the researcher because it enable in developing research skills of individual and
offering knowledge about different area as well as improve their information and enhance
experience. Along with this, it will be beneficial for the investigator in future when the
individual will perform regarding similar kind of research project. Then it will provide an
effective support to researcher in meet the research requirement in developed manner. The main
significance of this research is to offer information about the research problem so that further
research can be conducted in effective manner (Fairlie, 2020). Also, it is important because the
research can discuss the implications of the potential outcomes that based on the research
questions and problem statements or the phenomenon of research.
The Research statement
This current research and dissertation is outlined the information and study about the area
of impact of COVID 19 pandemic on the small business of UK. With the use of effective tools
and techniques, the investigator will collect information about the research topic that how this
pandemic situation affect the business of Home Bake, Along with this, the key statement of it is
the to explain the information about the measures and strategies which are considered by the
small firm in order to deal with the challenges of epidemic. In order to collect data in order to
meet the aim and objectives of the research, the individual set goals. For example, to collect
information regarding the deigned objectives by using effective methods and tools as well as
techniques of research and data collection so that appropriate findings can be collected in
appropriate form. Along with this, the goal of this investigation is to briefly monitor and examine
the impact of existing pandemic situation which imposed the unfavourable impact on small
businesses in different manner like reducing profits, consumer base, sales and many more
(Humphries, Neilson and Ulyssea, 2020). Along with this, the research statement is crucial
because it offers some guidance in setting up a research questions and serves as an introduction
to the resultant dissertation. Additionally, this statement of research will support the research in
structuring the research as per the designed aims and objectives in more significant manner.
Structure of research
It is analysed as the framework of the research and the sections which are covered within
the research project with the aim of effective accomplishment of research purpose and meet its
objectives. This current research project will consider different sections like Introduction,
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Literature review, methodology, effects, dialogue, result and dialogue, conclusion and
boundaries. Within the introduction part, the investigator will give an explanation for
information concerning research aims, objectives and questions on the basis of research name
and subject matter. Moreover, this phase considers facts approximately heritage of the studies via
explaining the COVID 19 and its impact on enterprise as well as the selected business which go
through the issues of this pandemic. Additionally, the outline is also furnished about the whole
research framework (Cavallo and Forman, 2020). The advent element is likewise overlaying one-
of-a-kind topics like purpose of studies, significance of research, assertion of look at, studies
hassle and short precis. The rational section demonstrates about the motive at the back of
engaging in research approximately the precise region of research. Whereas the significance area
give an explanation for the usefulness and essentialness of the research and the way can be
beneficial in context of researcher.
The literature evaluate phase will offer a brief clarification approximately the chosen area
of studies. Methodology phase considers data approximately distinct research techniques and
gear which can be taken into consideration by the researcher if you want to acquire facts with the
purpose of assembly the requirement of research goals. The end result phase will keep in mind
information in statistical, graph and charts form. Discussion describe about the translation of the
factors which mention within the consequences phase. Results and dialogue will cover records of
findings and discussion in accumulation shape. In the cease, end of the whole venture will
present and obstacles of the studies will give an explanation for that face with the aid of the
investigator with the intention to meet the expectancies of the research or dissertation.
Research problem
It is an area of concern, a condition to be developed, a difficulty to be eliminated or
troubling questions which exists in scholarly literature, in theory or in practice that points to the
need for meaningful understating and deliberate. In current project or dissertation, the research
will present information about the impact of COVID 19 on the small business of UK. Within this
study, the research will further to get more information about the research topic and problem. In
addition to it, this section also consist the information about the issues which are faced by the
researcher in order to organise and conduct investigation in more appropriate form. So within
this current project, the surveyor can face issues regarding time, cost and collection of data
(Ferneini, 2020). This research is based on an important topic which requires more and detailed
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information to meet the objective of it. So in context of it, the individual can face lack of time
issue because the person can be required more time to present an appropriate study. Apart from
this, the researcher can need more cost so that the data can be collected in efficient manner with
the support of appropriate equipments. If the research have more time and fund then they can do
the research in brief and deep manner.
Rationale of for conducting research
The reason behind the organising this research is to get brief information about the impact
of COVID 19 and analyse the influence of corona virus pandemic over the small businesses. By
conducting this research, the researcher can determine the challenges and ways through which
this current pandemic situation affects the business of small firms in different manners. Also the
reason is that the person can assess the strategies and plans which are used and opted by small
business in order to deal with influence of current epidemic (Tkach and Kurpayanidi, 2020).
With the organisation of this study, investigator can monitor the significance the strategies which
are imposed by small businesses to deal with its impact in long run. It is also beneficial for the
research at personal level, because working regarding this research project, the individual can
make development and enhancement in knowledge and information about particular topic.
Moreover, this also beneficial for the individual to make improvement in different skills like
research ability, time management, technical skills and many more. Because when the person
will organised research or work on it, then in term of data collection, surveyor will make use of
different technical instrument which assist in developing in the abilities. Additionally, this
research will also support the research in future when he/she will work related kind of project.
Summary
Form the above information, it's been summarised that this advent phase define data
approximately the research goal, objective and questions which might be the important thing
aspects of the studies due to the fact the whole and usual challenge is based at the pursuits and
targets. Furthermore, the phase will bear in mind information regarding studies heritage which
consist quick provide an explanation for about the content material on which the complete
challenge is primarily based which consist of approximately impact of COVID 19 on Small
commercial enterprise, business enterprise facts and the file shape. Moreover, the importance of
studies is defined which reveal the essentialness of the dissertation by means of imparting its
significance (Huang and et. al., 2020). Also, research statement and structure part are explained
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with the consideration of data about sections which the overall project is included. Research
problem described about the issues and limitations which faced by the researcher in order to
conduct this research. The final section of rationale of research define the reason behind the
organisation of study be explaining an effective justification.
REFERENCES
Books & Journals
Bartik, A.W. and et. al., 2020. How are small businesses adjusting to COVID-19? Early
evidence from a survey (No. w26989). National Bureau of Economic Research.
Bartik, A.W. and et. al., 2020. The impact of COVID-19 on small business outcomes and
expectations. Proceedings of the National Academy of Sciences, 117(30), pp.17656-17666.
Fairlie, R.W., 2020. The impact of Covid-19 on small business owners: Evidence of early-stage
losses from the April 2020 current population survey (No. w27309). National Bureau of
Economic Research.
Humphries, J.E., Neilson, C. and Ulyssea, G., 2020. The evolving impacts of COVID-19 on
small businesses since the CARES Act.
Cavallo, J.J. and Forman, H.P., 2020. The economic impact of the COVID-19 pandemic on
radiology practices. Radiology, 296(3), pp.E141-E144.
Ferneini, E.M., 2020. The financial impact of COVID-19 on our practice. Journal of Oral and
Maxillofacial Surgery, 78(7), pp.1047-1048.
Tkach, D.V.Y. and Kurpayanidi, K.I., 2020. SOME QUESTIONS ABOUT THE IMPACT OF
THE COVID-19 PANDEMIC ON THE DEVELOPMENT OF BUSINESS
ENTITIES. Theoretical & Applied Science, (11), pp.1-4.
Huang, A. and et. al., 2020. Understanding the impact of COVID-19 intervention policies on the
hospitality labor market. International Journal of Hospitality Management, 91, p.102660.
Kurmann, A., Lalé, E. and Ta, L., 2020. The impact of COVID-19 on small business employment
and hours: real-time estimates with homebase data. ESG UQÀM, Département des sciences
économiques, École des sciences de la gestion, Université du Québec à Montréal.
Online
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WELCOME TO HOME BAKE OF SOUTHWELL. 2020. [Online]. Available Through: <
https://homebakeshop.co.uk/>.
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