This research study is conducted using the descriptive survey model in order to determine theopinions of business owners in Turkey on the impacts of the Covid-19 pandemic on the economy. The surveyquestionnaire form created by the researchers in line with the objective is determined by a random samplingmethod and applied to the owners of 894 small and medium-sized enterprises (SMEs) who voluntarily acceptedto participate in the study over the period between 10 - 17 June 2020. The permit of the Ethics Committeeregarding the applicability of the surveys was applied in accordance with the decision of Niğde ÖmerHalisdemir University dated 09/06/2020-23012. The obtained data are analyzed via computer software. Thefrequency and percentage analyses are utilized in determining the descriptive (age, gender, etc.) characteristicsof the business owners participating in the survey, whereas the mean and standard deviation statistics are usedto examine their opinions regarding the impacts of the Covid-19 outbreak on the economy. T-test, One-wayANOVA test, and Complementary Scheffe test are performed to examine the opinions of business ownersregarding the impacts of the Covid-19 outbreak on the economy according to their descriptive characteristics.As a result of the research, it is observed that the business owners have quite negative opinions about theimpacts of the Covid-19 pandemic on the economy, and especially they agreed with the expressions “I ThinkEconomic Incentives Are Insufficient”, “I Think Small Businesses Face the Risk of Closing” and “I ThinkUnemployment Will Increase”. The opinions of business owners do not differ depending on the legal status oftheir businesses and whether or not they are family-based businesses, but it is found that female businessowners, those with a monthly income of 5000 TL and lower, an annual turnover of less than 100,000 TL,undergraduate education level and those with 15 years or less of activity have more negative opinions regardingthe effects of the Covid-19 outbreak on the economy.