Small businesses need to have a plan to deal with the fallout from the coronavirus which includes a drop in customer and sales numbers, disruption to supply chains and ultimately cash flow shortages.
We provide 10 tips to manage the risks of the virus including:
1. Understand your supply chains
2. Explore alternative supply chains
3. Develop a contingency plan
4. Review cash flow budgets
5. Timely financial reporting.
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10 Tips for Business Owners to Manage The Coronavirus article is only available to our members.
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