There is a poignant similarity between the effects of COVID on us personally and our businesses.
Thankfully, the possible dire consequences of catching the Coronavirus bug are being countered by a variety of vaccines. Fingers crossed that these will ease the pressure on the NHS and minimise the distress that this dreadful virus has inflicted on us since it reared its head over a year ago.
But what about our businesses? How can we vaccinate businesses that have been adversely affected?
In our experience, firms that have invested time and resources in planning have been more successful at riding out the disruption than firms who have not.
Every business is different. Certain business sectors have been more severely affected than others and organisations who entered 2020 with significant reserves of capital and cash will have had the financial resources to ride out the disruption to their incomes.
It is never too late to sit back and plan for your business. Please call if you need help to consider your options as we start the tentative emergence from lockdown.
