IJEBD (International Journal Of Entrepreneurship And Business Development)
Vol 4 No 5 (2021): September 2021

Covid-19 Effect on Business Performance SMMES Perspectives in a South African Context

Vukile Mlungisi Mkhonza (Milpark Business School)
Portia Pearl Siyanda Sifolo (Tshwane University of Technology)



Article Info

Publish Date
30 Sep 2021

Abstract

Purpose: There is lack of enough empirical and conceptual studies of business performance among Small Medium Enterprises (SMEs), not only in South Africa, but the African continent. Design/methodology/approach: A quantitative study was conducted with the use of an online survey distributed to the sample of 169 participants who were SMME owners and management in Johannesburg CBD. Findings: The results showed that most SMMEs owners used strategic planning techniques which helped improve their performance. Formalizing SMMEs strategic planning process and taking advantage of technology is imperative for business performance. However, these results were based on a single point in time; therefore, longitudinal research will be able to provide new insight on how strategic planning can influence the performance of SMMEs. Research limitations/implications: This research study sought to investigate the Small Micro Medium Enterprises (SMMEs)’ perspective on business performance during Covid-19 in Johannesburg Central District Municipality (CBD). Practical implications: The research focused mainly on SMMEs operating in Johannesburg CBD Paper type: Research Paper

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Journal Info

Abbrev

ijebd

Publisher

Subject

Economics, Econometrics & Finance

Description

Focus and Scope IJEBD International Journal of Entrepreneurship and Business Development is an international, peer-reviewed journal publishing articles on all aspects of Entrepreneurship and Business Development. All accepted articles will be published on payment of an article-processing charge, and ...