The COVID-19 crisis has shaken different businesses from various industries since it first broke out in March of last year. Apparently, small and medium-sized enterprises (SMEs) have become the most vulnerable during this pandemic. In fact, SMEs that temporarily shut down had to close for good. It’s great that some small businesses have managed to reopen this year.
Business ventures that are already established are still susceptible to risks. That’s something business owners and entrepreneurs should know and be ready for. The rise of COVID-19 cases had many business places and companies affected. Jobs were lost, and revenues got cut. And with the emerging variants of the virus, it seems like times are
Sustaining a business is no joke and definitely not easy, let alone opening one. Among other issues, one of the struggles a small business owner face is a lack of income or poor cash flow, and this alone can trigger a lot of displeasing results. As a business owner, whether you own a big or
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