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Entrepreneurial Crisis Management

Sukanlaya Sawang

How Small and Micro-Firms Prepare for and Respond to Crises

Barcode 9783031251870
Hardback

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Release Date: 30/03/2023

Edition: 1st ed. 2023
Genre: Business & Finance
Label: Palgrave Macmillan
Language: English
Publisher: Springer International Publishing AG

How Small and Micro-Firms Prepare for and Respond to Crises

​This book explores the timely issue of how small businesses, micro firms and entrepreneurs respond to crises. A largely overlooked area of research, the author posits that by better understanding crisis management in small and micro firms, we can help to protect these businesses from the potentially devastating effects of a crisis.

Offering guidance for scholars and practitioners, including small business owners, to better understand the concept, limitations and considerations of crisis management - specifically in the small business context - the author demonstrates that there is no single solution for a small business to cope with a crisis. Drawing from the thematic findings, the author offers valuable recommendations on how small business owners can strategically plan for the future and better manage their capability when faced with a crisis.