ARE HOLIDAYS GOOD FOR YOUR BUSINESS? THE CASE OF BAHRAIN
Mukhtar AL-Hashimi, College of Business and Finance, Ahlia University, Bahrain
Published in REVIEW OF BUSINESS RESEARCH
Volume 17, Issue 1, p77-80, March 2017 http://dx.doi.org/10.18374/RBR-17-1.9
Today small and medium enterprises (SMEs) contribute significantly to the national economy given the significant risks and challenges that affect their operational continuity and sustainability. In Bahrain holidays has been part of the society and social structure bring about adoration to travel during the public holidays. This paper aims to discuss the possible impact of holidays on the profitability of those SMEs. In this regards, a quantitative and exploratory research to examine the impact of public holidays on the profitability of various SMEs business sectors Bahrain. The finding suggest that SMEs business owners believe Bahrain has a high number of official holidays and believe that holidays impact their business performance. Interestingly the highest impact comes from the religious holidays since majority of residents travel for religious reasons. The most affected business sectors are healthcare and especially private clinics, manufacturing, services such as computer services, and consultancy services. On the other hand, there are business that benefit from holidays, such as those involved in entertainment, restaurants and cinemas. Finally, this study suggests that business owners accept public holidays as a fact of life and plan their business model and cycle.
holidays; SMEs; Bahrain; impact; public holiday; business; holidays and business, perceptions