COVID-19 Impact on SMEs in Bangladesh: An Investigation of What They Are Experiencing and How They Are Managing?

Purpose: It is too early to make judgments referring to COVID-19 impressions on various aspects of the economy. However, SMEs in Bangladesh have already been experiencing the devastating and ruthless impact as such the motivation of the study to develop insight relating to what is experiencing by SMEs and how they are managing. Methodology– This study used a descriptive analysis method of primary and secondary data obtained directly both from field survey and from various publication sources Findings: These study findings might assist in formulating the strategic decision focusing on SME's revival and regrowth after the pandemic become stable. Study findings also utterly established the fact i.e. government should invest considerable effects for mobilization and efficient reallocation of resources through collaboration of both Banks and nonbanks financial instructions. Else, unemployment, decline growth speed, and social insecurity might appear and prevail in the long run. Research limitations – This study is focused on the Dhaka city area during the Covid-19 pandemic outbreak with a policy of social distancing and physical distancing. Originality– This is the first study of exploring and investigating the effects of the current pandemic on SMEs concentrating on Dhaka city. It is noteworthy that SMEs in Bangladesh is predominantly located in the major city area, Dhaka is one of them.