If the COVID-19 outbreak has taught us anything about our businesses, it’s that owners must begin making a more in-depth examination on how they prepare financially for such extreme scenarios.
Small Businesses are most prone to financial exposure when a financial crisis occurs. With the COVID-19 outbreak, there are options to assist in keeping your business finances in tact by exploring Small Business Loans, Public Donations, and other means.
But what happens when an individualized, unforeseen financial crisis occurs? Does your business have a financial plan if you were forced to take a leave of absence because of an emergency?