Businesses at the Time Of Coronavirus
Posted on March 24, 2020 by Allan Joaquin, One of Thousands of Life Coaches on Noomii.
Big companies are feeling the crunch at this very perilous times; but for the small, struggling businesses, this will be the perfect time to reboot.
Everyone is feeling it. Even the big companies. The corona virus has bludgeoned the stock market down to its knees. Everyone is trying to rethink their business strategies to get by this unprecedented pandemic. Consider this: even airline companies are flying their planes without passengers. What they are carrying now are cargoes to bring to different countries around the world. Well, at least that should be better than having no flights at all.
Amidst all this, struggling smaller businesses, and there are a lot, should be able to take advantage of this time to rethink their strategies. Press the reset button, if you will. After the smoke clears, there is a huge possibility that the corona virus will level the playing field. We hear about landlords willing to forego rent collections for a month or two because of work stoppages. On the other hand, businesses who found themselves on the ropes these past few months will get a welcome breather and perhaps a new lease in life, instead of shutting it down all together.
While looking for a silver lining to all this madness seems absurd, struggling businesses should take this as a welcome respite. Take this time to think of ways to get back, to recharge their batteries, and when everything goes back to normal, to become better than they were before the time of the corona virus.