Background: Globally, local entrepreneurs have experienced an economic downturn brought about by the Covid-19
pandemic. Local businessmen in Qatar are not an exception. Method: This qualitative research paper utilized the
phenomenological approach as it sought to understand the lived experiences of business owners in Qatar who are experiencing
financial decline relative to the central question: “How do local business owners deal with financial decline brought about by
the Covid-19 pandemic?”. Findings: The verbal ponderings and statements of the respondents revealed three major themes that
local business partners had experienced before their businesses finally reached an upswing.