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Tag: financial plan

A Business’s Guide to Surviving COVID-19

A Business’s Guide to Surviving COVID-19

General
The impact COVID-19 has had on businesses around the globe is unprecedented. Whether you own an essential activity or not, you're likely dealing with new challenges you never expected to face. The truth is that even when stay-at-home recommendations pass, there will be trials in 2020 for companies. According to a March report from McKinsey & Company, the US and European countries could have a long road to economic recovery. Experts predict a slow upward tick through 2023, finally hitting pre-pandemic levels at the three-year mark. Fortunately, there are things you can do that will hasten your business' return and lessen the financial impact. Brands have an opportunity not just to survive but eventually thrive if they come up with the right plan and stick to it. 1. Protect Yo...