A comeback from COVID-19 will take some doing – say some micro, small businesses

A post-Covid-19 Guyana business community is likely to find itself significantly denuded of many of those micro and small business enterprises which, prior to the outbreak of the virus, had added a new and enterprising dimension to the overall business sector whilst contributing significantly to job-creation and enhancing individual and family incomes.

Information gathered by the Stabroek Business between May and August this year based on interviews with micro and small business owners in sectors including agriculture, agro-processing, art and craft, and the beauty industries, point to the likelihood that many of the micro and small enterprises in these sectors may either fail to recover from the decline in trading resulting from the strictures imposed on account of COVID-19 or will require significant injections of both financial support and recovery-related business coaching if they are to return to business in due course.