The virus from hell has affected more than our healthcare system, it has devastated our economy as well, and small businesses are its first victims. If you are a small business owner looking to sustain your business until the pandemic subsides, then you are at the right place. Make a note of the points listed below to keep your business from bankruptcy and ruin:
1. What is my Current Situation?
If your business has been affected by COVID-19, the first thing you should do is to assess the extent of the damage. Investigate the financial, operational, organizational, and strategic aspects of your business. Once you can identify your situation accurately, only then can you move towards a practical and workable solution.
Here are a few things that you should investigate:
- Do I have enough capital to remain operational in the next 1
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