<>
| | August 20208IN MY OPINIONhe effect of Covid-19 can be observed in al-most all spheres of life and there's no doubt that businesses will witness their share of downside as well. Among various kinds of companies operating in the country and abroad, the smaller com-panies will be the hardest hit from the current pandemic. The bigger or-ganizations have a better possibility of surviving. However, small organi-zations will live just with a couple of months' income, so when something as huge as this hits, it worsens the situation for the entrepreneurs, yet in addition for the employees. So how can small businesses survive this pandemic situation and how do organizations plan to survive ahead in 2020. There's no simple an-swer; in any case, here are few ways to start implementing and arrang-ing in any event for the following three months.Try not to panic, take care of health and try to avoid panicking This can be troublesome particularly when money is running out, however make sure to deal with yourself such that it works for you. For example, eat well, and attempt to get some ac-tivity in. Dealing with yourself will assist you with keeping quiet, which thus will likewise mean a better men-tal health of employees that will lead to productive plans to push ahead and survive in the crisis situation. Whenever confronted with some troublesome choices, set aside some effort to adjust yourself and your psyche before making any intense choices. In what is an exceptionally powerful and quickly evolving cir-cumstance, sometimes reconsidering decisions and furthermore keeping a positive viewpoint will help. Things will show signs of improvement, and you aren't in this by itself. Request passionate help where you can, and when you need it.Tap into assets given by government and money related organizations Governments around the globe are as of now assembling activities to help entrepreneurs, and this is something that is developing every day. One should be fully informed regarding how your administration can help cut expenses, just as other significant establishments, for example, banks who likewise have a social duty. In case you're enrolled in more than one market, investigate bolster alterna-tives in the two markets. For instance, you can discover progressively about the UK government support for in-dependent companies.TBy Dillraj L Bhatia, Founder, DBEL StudioWAYS FOR SMALL BUSINESSES TO SUSTAIN IN THE INDUSTRY DURING THIS COVID-19 EPIDEMICDillraj L Bhatia
< Page 7 | Page 9 >