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Covid-19 impacts Perry Pottery's expansion / Karen Popovich, Virginie P. Khare, Bethany Schlott.

Sage Business Cases 2024 Annual Collection Available online

Sage Business Cases 2024 Annual Collection
Format:
Book
Author/Creator:
Popovich, Karen, author.
Khare, Virginie P., author.
Schlott, Bethany, author.
Series:
SAGE business cases.
SAGE business cases
Language:
English
Subjects (All):
Small business--Growth--Case studies.
Small business.
Small business--Management--Case studies.
COVID-19 Pandemic, 2020-2023--Influence--Case studies.
COVID-19 Pandemic, 2020-2023.
Physical Description:
1 online resource : illustrations.
Place of Publication:
London : Society for Case Research, 2022.
Summary:
Carol Perry was the sole owner of Perry Pottery, LLC, a small pottery studio and school. She was struggling with an expansion decision under the uncertainty of the economy due to the COVID-19 pandemic. She had already expanded her studio once, in 2016, when her part-time business selling her pottery grew. At that time, she also started to teach pottery classes to a couple of students at a time. In March 2020, when Vermont's governor issued the COVID-19 State of Emergency and shut down non-essential businesses, Perry had been approved for a small business loan to expand the studio again to accommodate up to six students. At the time, she deferred the decision. Even though she was able to re-open her studio by implementing COVID-19 safety protocols, Perry, who was semi-retired, worried about the financial risk of taking the loan and wondered if she would need to take a part-time job if she was not able to maintain her part-time pottery business. As she was working with students, the bank called for her answer. Should she take the loan?
Notes:
Description based on XML content.
ISBN:
1-0719-4273-5
OCLC:
1417356471

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