Exploring The Effects of Covid-19 and its Aftermath on Small Business: Special Reference to Young Entrepreneurs of Bilaspur City

The Great Lockdown and accompanying principles, such as social-discrimination restrictions and demand swings triggered by constantly varying health and economic conditions, have had a significant impact on small enterprises and new projects. However, the COVID-19 epidemic has not only forced the closure of many firms, but it has also paved the way for new generations to enter the world of small companies. Many businesses were compelled to terminate staff as a result of the shutdown and terrible economic conditions. This resulted in a massive increase in unemployment around the world, as well as a near-zero chance for new and fresh talent to break into the corporate world, as no organisations were hiring employees or new talent. Indeed, extensive research and studies conducted during the epidemic revealed that current personnel of organisations and institutions were not fully compensated. Many people began to focus their interests toward starting a business at this period. New youthful entrepreneurs have been seen coming up with innovative concepts and turning them into successful firms. There has been little research on young entrepreneurs, thus this paper examines the consequences of the Corona Virus Outbreak (Covid-19) on small companies conducted by young people. The scope of this study is limited to the city of Bilaspur in the state of Chhattisgarh, where questionnaires were collected from small business owners. The study emphasizes the relevance of socio-cultural influences in altering our consciousness, attitudes, and behaviours in order to handle pandemic situations in a more humane and productive way.