The government is recognizing that they need to provide more relief given the current economic conditions. Industry groups are also pushing Congress and the White House to pass a Phase 4 relief program before they go on their August recess. This will potentially provide more relief for distressed industries and individuals.
Use this checklist to create a Business Continuity Plan (BCP) that can be adapted as economic, industry and company conditions change.
The Johns Hopkins Bloomberg School of Public Health (JHU) has come up with an operational toolkit to assist businesses in navigating the complex process of reopening.
With all the uncertainty surrounding when states will lift restrictions and if clients will come back, it is prudent for business owners to be mindful of how the value of their business will be affected.
Many hardware retailers have had strong sales in March and April despite states’ various shelter-in-place orders. If new home starts and construction projects slow down, you want to be prepared for a drop in sales.
Many real estate agents have had a strong start to the spring despite states’ various shelter-in-place orders. However, as the toll of the coronavirus begins to contract the economy, we want you to be ready for a slower second half to 2020.