The first step in planning your course of action in such a difficult environment is getting a crystal clear understanding of the financial position of your business–this means updating your financial records and keeping them in order.
All in Planning
The first step in planning your course of action in such a difficult environment is getting a crystal clear understanding of the financial position of your business–this means updating your financial records and keeping them in order.
As small business owners look to operations after COVID-19, there are some important business questions to ask. These questions will help you determine what adaptations you want to keep, whether your business model is working, and if there are additional changes you want to make to keep your company operational through future economic downturns.
Your business might have changed drastically in recent months; however, there is good news in that, too. It means your business is adaptable and that you can find ways to survive.