Impact of Covid-19 on SMEs Globally

Research background: The ongoing Covid-19 pandemic has created irreversible damage to the world economy. Businesses ranging from local shops multinational companies are suffering extensively due lockdowns in place. Amon this unorganized sector is worst hit as majority of stakeholders have no alternative income. This makes a study SMEs much more necessary extremely volatile and even slightest fluctuations economy causes huge losses for them. Purpose article: aimed at analyzing degree impact on globally. Methods: research, by design, descriptive exploratory its objective determine, based appreciation that managers or those responsible financial management have, how it impacts their finances health crisis caused COVID-19 development investment business. Findings & Value added: results obtained research show been challenge because generated strong crisis, but they shown cautious measures face it, strategies avoiding indebtedness. In conclusion, aware new modality carry out administrative foreseeable strategies, considering changes businesses.