How to Overcome Small Business Challenges After COVID-19 Pandemic

This Master's thesis project explores the challenges faced by small businesses in developing nations amid and after the COVID-19 pandemic. The project outlines the research problem, partner organization (International Trade Administration and a Developing Country Government), and the thesis's objectives, which include analyzing the impact of the crisis on small businesses, identifying challenges such as diminished salaries and disrupted work, and recommending strategies for resilience and renewal. The methodology involves an empirical and iterative approach, including data collection from various sources and an analysis of the current state of problems. The thesis also provides practical implications and recommendations for small businesses and policymakers, such as risk analysis, e-commerce development, and digital communication systems. The project includes a detailed timeline and addresses potential limitations, aiming to contribute valuable insights and practical solutions for small business sustainability in the post-pandemic world. This document is available on Desklib, a platform that provides AI-based study tools for students.

Description of the Master ́ s thesis problem & project
How to overcome small businesses and their challenges amid and after the COVID-19
widespread in creating nations.
01. Describe your partner organization for your improvement/development/change project.
My perspective organization will be an International Trade Administration and a Developing
Country Government partner organization for improvement, development, and outcome of this
crisis.
02. Describe the related problem that would suit as a thesis topic.
Many small and few large businesses are suffering challenges and this unprecedented
coronavirus crisis has caused destruction for many businesses around the globe it is
challenging to survive with diminished salary, work misplaced and life abating down and frail
promoting execution even troublesome to keep a calm head and their trade lively.
03. Discuss the suitability of this problem from: a) the partner organization’s perspective, b) your
own perspective, c) the thesis perspective (to be completed in 1 year, by a student).
The actual result of this research and taking steps also provide recommendations for small
businesses on how to remain flexible or competitive through resilience and renewal strategies,
mainly overcoming the challenges of little businesses amid the coronavirus widespread in
developing nations, Besides, this thesis will conduct through both subjective and quantitative
inquire about approaches.
04. What would be the goal of this project.
Small businesses and their challenges after the COVID-19 pandemic. To stay afloat, owners
adapted on the fly and found creative ways to change their operating models to be sustained in
the market.
5. Who in the partner organization would decide on the implementation of such a project? Why
would they be interested in supporting this thesis plan.
Based on my findings analyzing, post-crisis organizational learning capability is also critical to
recovery. I think about my thesis and research from practical tools and information with strong
dynamic and innovative capabilities and I am willing to study crisis events and recover quickly
from both.

Description of the Master ́ s thesis plan
Md: Johirul Islam, Prospective Students of the Metropolia University of Applied Science.
Title: How to overcome small businesses and their challenges amid and after COVID-19
widespread in creating nations.
Overview: The pandemic has really made businesses think about their operations in a more
critical, in-depth way, there’s no doubt that the COVID-19 pandemic has added to small
business challenges around the world, notwithstanding of estimate, area, or financing. Most of
the ponders that center on funds are concerned with the results of the emergency on little firms,
specifically, the need for subsidizing and financing sources.
Thesis Plan: I will conduct my thesis by adopting an empirical and iterative approach. First and
foremost, a preparation phase will involve a study for collecting data from autunitic sources,
reports, data archives, and international survey and monitoring organizations. I will take for the
taking after steps of my venture. The previous preparation phase would have provided me with
an orientation for the questions aiming at bringing out the composer’s needs and expectations in
terms of creativity and computer support as well as learning about the characteristics of the
different current practices. Hence, this handle will be iterated in conjunction with my proposal
(examination – models – assessments), each emphasis pointing at centering on the curious
thoughts, creating modern ones, and at long last refining and enhancing the different prototypes
of the financial model.
Investigate/understand the current state of problems: Based on the WHO’s report, the
COVID-19 crisis was established in China in December 2019 and soon after became a global
difficult pandemic Although, emergencies can be profoundly harming to commerce as
they dissolve belief, harm company esteem, undermine trade objectives and targets, and
may indeed lead to business disappointment. Existing writing recommends that little companies
may be more powerless to emergency occasions due to lower levels of readiness, asset
limitations, and generally powerless advertise positions.
Methodology: In this section, I will normally write the detailed steps taken to find the answers to
the questions I have posed. The steps taken are sometimes preceded by considerations of
theoretical and/or conceptual framework and how these considerations fit and guide a method.
May I like to include the dependent and independent variables, the sampling that I will adopt,
the data sources and the instruments used to collect the data Then may I have to describe why I
chose one method over another and one instrument over another. Finally, If I am going to use
structured interviews, for example, I will describe how I will develop and overcome them.

Analysis of data: This section describes how the data I collected using the methods proposed
will be analyzed to answer my thesis questions. Here I will mention the financial statistical
information or data analysis methods and packages I will be using if your data is mainly
quantitative. If my research design incorporates elements of qualitative methods, I may describe
what I would do to the data to tease out the conclusions finally.
Practical implications: The actual result of the paper also provides recommendations for small
businesses on how to remain flexible or competitive through resilience and renewal strategies,
and the research has also outcome relevant recommendations for policymakers and other
concerned bodies.
Recommendations: This research’s findings recommend that the government of the country
should make risk analysis and business steadiness planning in all critical local and regional
institutions, explore opportunities for cross-border computerized exchange, coordinate with
household little trade firms, bolster medium- and long-term commerce ventures that lead to
strong supply chains for basic merchandise and administrations beneath the market, quicken
development of e-commerce/e-marketing frameworks counting advanced promoting,
computerized keeping money, advanced installments instruments, e-financial administrations
(e.g. microcredit and micro-insurance), a national ID framework, and strong computerized
communications frameworks inside government and other office exercises generally the nation.
Time Frame:
Context Target time
Prepare proposal 1 April,
Thesis Plan 15 May
Investigate/understand the current state of problems 22 July
Methodology & Analysis of data 29 September
Practical implications & Recommendations on 03 November
Complete final report 16 December
Confinements: Time imperatives of the semester require less time than may be perfect for an
ethnographic think about being within the organization for as it were four hours a week for five
weeks, there are bound to be viewpoints of administration hone, organizational culture,
and group communication that will not be revealed during my observations. Being an outsider
may too restrain what is uncovered to me. The group individuals may be watched in their
discussions around me, particularly in my beginning perceptions.
Thanks.