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Back in Business? WA Small Businesses and the Impact of COVID-19

Author

Listed:
  • Rebecca Cassells

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Alan S Duncan

    (Bankwest Curtin Economics Centre (BCEC), Curtin University)

  • Daniel Kiely

    (Bankwest Curtin Economics Centre, Curtin Business School)

Abstract

The impact of COVID-19 has been felt across the economy and business sector, but for small businesses these shocks can be more challenging to deal with, with fewer resources to draw from. The latest lockdown is a set-back for WA’s small businesses, with business closures and restrictions putting a hopefully temporary halt to the small business sector’s recovery. But we now know what supports can help small businesses the most. The Bankwest Curtin Economics Centre has captured new data to understand the impact COVID-19 has had on small businesses, whether they have the supports needed to succeed and how they see the future outlook. This new report, the fourteenth in the Focus on WA series, covers findings from the 2020 BCEC Small Business Survey including the significant costs, workforce and other pressures businesses have experienced and their expectations for the year ahead.

Suggested Citation

  • Rebecca Cassells & Alan S Duncan & Daniel Kiely, 2021. "Back in Business? WA Small Businesses and the Impact of COVID-19," Bankwest Curtin Economics Centre Report series FWA14, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
  • Handle: RePEc:ozl:bcecrs:fwa14
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    Download full text from publisher

    File URL: https://bcec.edu.au/assets/2021/02/BCEC-Back-in-Business-WA-Report-2021-WEB.pdf
    Download Restriction: no
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    Cited by:

    1. Liang Wen & Dora Marinova & Jeffrey Kenworthy & Xiumei Guo, 2022. "Street Recovery in the Age of COVID-19: Simultaneous Design for Mobility, Customer Traffic and Physical Distancing," Sustainability, MDPI, vol. 14(6), pages 1-23, March.

    More about this item

    Keywords

    Western Australia; WA economy; small business; small and medium enterprises; productivity and innovation; economic growth; health of small business owners;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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