How will small businesses be affected by Covid-19?

hopeful_cityHalsnead Primary School 01 November 2020

The furlough scheme

The furlough scheme is a system plan to send countries into a new lockdown from Thursday, 5th November 2020. The lockdown has not quite yet decided on a time of how long it will be, but MPs say it will be about a month. Small businesses are forced to close, which leave a lot of people unemployed, and it will triple the amount of homeless people. Me and my family have been supporting local businesses, like a new bakery that only opened this year. How, you may ask, how will restaurants be affected? Well, the answer to that it the same with small businesses: they will stay closed, although takeaways and deliveries aren't yet illegal. In my opinion, I think if they were going to do this, they should've done it a few weeks ago, then at least it wouldn't:

1: Leave people panicking and raiding shops last minute

2: Increase Covid-19 cases by approximately 4%

3: Leave scientists with so little time to create a vaccine (if you haven't seen the news, Donald Trump PROMISED a vaccine by the end of the year)

How you can help

Every now and then, visit a little shop, instead of the big superstore ones in the shopping centres.

Order a takeaway every now and then, so the restauraunts won't be left bankrupt.

Social distance with people, and maybe have a videocall every now and then to keep in touch.

If your school/library/other random business has a fundraiser, take part! Buy a raffle ticket, enter a competition, just for fun!!

Wear a face mask in local areas.

Use sanitiser where possible.

Will schools close?

Unlike the first one, this lockdown will not close schools, universities and colleges, as they will always be the last thing to close. They only shut last time because Covid-19 was so bad.

I hope you will use my advice wisely.

Stay home, Stay safe, save lives.

By hopeful_city 💕💕

**THANK YOU FOR READING**

Comments (7)

Tom @ the BNC
02 Nov 2020

Thank you for raising the importance of small businesses for peope's work, hopeful_city. As you'll see in Session 3, this Issue focusses on small businesses in East London with an interview with one owner in particular. It's important we keep our discussions on work, and not too focussed on covid-19, so can you give some examples of why its important to shop from small businesses when there are larger stores also available?
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impartial_shark | Boutcher C of E Primary School B
02 Nov 2020

wow
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memorable_tiger | Cuddington Croft Primary School
04 Nov 2020

Thanks for the advice hopeful_city
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assertive_boysenberry | Lyons Hall Primary School D
04 Nov 2020

You have good points and it is interesting
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EXPERT: Olga Artemjeva, Technology Strategy Manager @ KPMG
04 Nov 2020

You have raised a number of really valid points in relation to why we should support small businesses hopeful_city . Do you think larger companies are more resilient to economic challenges? Over the recent months, we have seen a number of redundancy announcements across major retail and food chains (i.e. M&S, Burger King). By choosing to shop at a local, small businesses, do we put people, who work for larger companies at risk?
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1. hopeful_city | Halsnead Primary School
  Olga Artemjeva, Technology Strategy Manager @ KPMG's comment 04 Nov 2020
  
  Well, Mrs/Miss Artemjeva,
  
  I think bigger businesses will not be affected as much, but customers may be in decline. If we only shop at smaller businesses, then, yes, bigger ones will suffer, but I think the best option is to shop at both, keeping all businesses open.
  
  Hopeful_city
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polite_walrus | Braiswick Primary School
08 Nov 2020

this is great advice
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