The Advantages of Establishing Local Businesses Amidst Pandemic at Brgy. Sta. Monica in Novaliches, Quezon City

Vol.3, No.1C

Abstract

This study aims to know the advantages of establishing local businesses amidst the pandemic at Brgy. Sta. Monica in Novaliches, Quezon City. The researchers used the Descriptive Research Design and Survey Questionnaires as the tools of this research. Researchers used Purposive Sampling to select the fifty businesspersons to be the respondents of this research. Based on the results of the study, the advantages of establishing local businesses amidst the pandemic addressed the above-cited advantages and importance of local businesses in terms of: (1) Sales, Strategies, and Source of Income - Building a business amid a pandemic has helped the people to have extra income amid a pandemic. It is also an advantage for the people. They use different strategies to increase sales and grow their business during the pandemic. Their business, built in the middle of the pandemic, is their new source of income. It helps more because every day they can save money for daily expenses. (2) Capital and Business Competition - The capital they used was their savings. The savings they used to build the business during the pandemic grew because of the business they built. Having a competitor in the business helps them to be more efficient and grow their business because it gives them an idea of how to grow and sell their product. This research recommends the advantages of establishing local businesses amidst the pandemic to businesspersons. Our priorities for our respondents are those who have a local business or a businessperson in Sta. Monica in Novaliches, Quezon City. We aim to know the advantages of establishing a local business during the pandemic and to determine the various strategies and tips that those business owners could share with us and be part of the discussion of our study. In this way, we could contribute to our society by collecting that knowledge and sharing it with the different sectors of the community, such as students, consumers, Sellers, and future researchers. By this, we could help our economy survive and recover again from the said pandemic.