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Quantifying the Financial Effects of Covid-19 on the Example of Small Local Businesses in Berlin

dc.contributor.advisorPoljsak-Rosinski, Petra
dc.contributor.advisorArtinger, Florian M
dc.contributor.authorLudwig, Johannes
dc.contributor.departmentbachelor thesis in Digital Business and Management
dc.date.accessioned2021-12-17
dc.date.accessioned2025-11-28T13:26:33Z
dc.date.available2025-11-28T13:26:33Z
dc.date.issued2021
dc.description.abstractThe following work illustrates and describes the financial effects that the COVID-19 pandemic had on small local businesses in Berlin. Based on four selected businesses from three different sectors, the data-collection is used to scale the financial impact of the pandemic on each of the four businesses. The businesses are compared to each other to assess their individual financial development. To understand the reasons behind specific financial changes a selection of the most influential governmental COVID-19 regulations and support measurements will be introduced and briefly explained. Furthermore, a study from the German Institute of Economics is going to be evaluated. Since it analyzes the financial effect of COVID-19 on German businesses in general, their research approach will be discussed and collected information is used to enhance the analysis methods of this study. Used approaches and analyzing methods will be explained during the methodology while also giving insight into the type of data and simultaneously justifying the chosen methods. For the empirical part the collected data gets visualized, meaning each company ́s sales revenue for 2019 and 2020 are charted in a diagram and their respective graph is explained while also highlighting the time span of selected impactful COVID-19 regulations. At the end all results will be interpreted and compared with the study from the German Institute of Economicsen
dc.description.degreeBA
dc.description.tableofcontents1. Abstract.................................................................................1 2. Introduction.............................................................................1 2.1 Justification of the Research....................................................1 2.2 Research Question................................................................2 2.3 Research Objectives..............................................................3 3. Literature Review: Local Pandemic Countermeasures, Economic Stimuli and Available Studies...........................................3 3.1 Regulations affecting Small Local Businesses in Berlin....................3 3.1.1 Limiting Social Contacts and Residence in Public...................4 3.1.2 Lockdowns.................................................................4 3.1.3 Protection and Hygiene Concepts......................................5 3.1.4 German Federal Business Support Measures.........................5 3.2 Available studies of COVID-19's Financial Effect on Businesses..........6 3.2.1 Financial Effects..........................................................8 3.2.2 Analyzing Methods.......................................................9 4. Methodology............................................................................10 4.1 Data Collection Approach......................................................11 4.2 Collected Database...............................................................12 5. EmpiricalPart..........................................................................13 5.1 Case 5.1.1 5.1.2 5.2 Case 5.2.1 5.2.2 1: Ultrapure Water Systems, Distribution and Service...............13 Overview..................................................................13 Interpretation of Data....................................................14 2 ..............................................................................15 Overview..................................................................15 Interpretation of Data....................................................16 5.3 Case 3..............................................................................17 5.3.1 Overview..................................................................17 5.3.2 Interpretation of Data...................................................18 5.4 Case 4..............................................................................19 5.4.1 Overview..................................................................19 5.4.2 Interpretation of Data....................................................20 6. Conclusion..............................................................................21 6.1 Summary...........................................................................21 6.2 Limitations and Outlook...........................................................25 7. Sources..................................................................................26 8. Appendix................................................................................27en
dc.identifier.urihttps://repository.berlin-international.de/handle/123456789/634
dc.language.isoeng
dc.subjectCrisis management
dc.subjectTheory, philosophy, analysis
dc.subjectBusiness environment
dc.subjectSmall enterprises
dc.titleQuantifying the Financial Effects of Covid-19 on the Example of Small Local Businesses in Berlin
dc.typeThesis

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