Coronavirus: coping strategies for small businesses
As small businesses brace themselves for the full impact of Coronavirus, we’ve been finding out what they can do to stay afloat.
Many cafes, restaurants and shops are already suffering because fewer people are going out. But what happens if the government forces them to close, as has happened in Italy? And, if they stay open, what steps can they take to cope with the inevitable downturn in trade.
Below are seven strategies for coping with Corona.
1. Make a continuity plan, adapt your offering where possible.