In these uncertain times it is essential that every business reviews their current business model, and looks how it can be adapted for the current climate.
The coronavirus has had an unprecedented impact on businesses throughout the world and without changing and adapting to the current situation many will will not be able to continue as a viable business.
Changing something that has worked is not always going to be easy, and the amount of emotion involved is not to be under estimated.
When considering your actions it is important to remember two things, a strategy that allows you ;
1. To survive however long the lock down is enforced,
2. The business needs to be in a positive position to emerge when the epidemic has passed.
If you decide on the right strategy you may exit the lock down and it’s implications with New routes to market and a Leaner business.