In addition to all the challenges life had already thrown at you in 2020, Covid-19 happened, and, suddenly, a rapid gear shift was required. Among other things, this came with the added responsibility to ensure that our businesses develop immunity against Covid-19. Indeed, the line between human safety and economic business survival is a tight one. In addition, most experts agree, life post COVID-19 will look very different from the one we were accustomed to.
Here are some thoughts to help build a layer of protection for the future success of your business.
- Consider the spending impact on your customers and how your business is aligned to the changes in the markets.
- Buy your accountant a cup of coffee and spend some time to understand the financial fundamentals of your business.