With the current unprecedented environment that we are facing, it is increasingly clear that businesses and individuals will struggle. While health concerns will always be the top priority, there are certain actions you can take to try to protect you and your business economically at the same time.
These notes are intended for any business – but in particular those that face a very significant fall in sales as a result of extended periods of isolation and quarantine. For those worst affected, the aim has to be to get your business on to a “hibernation” footing as soon as you can – to ensure its survival through a significant period of ultra-low activity.
These notes reflect a combination of the latest published government support, examples of initiatives from other businesses, and my current thinking on ways you can mitigate the impacts. There are also documents on the importance of a plan right now, and suggested approaches for how you can develop one quickly. As with everything at the moment, it is a highly fluid situation and I will look to update the relevant parts as and when the guidance, advice, or best practice changes.
Any comments, questions, suggestions, amendments are always welcome (email@example.com) as this is an exercise in developing and sharing best practice as we go.
If you would like to be included on a distribution list to hear as soon as new versions are published, contact me at firstname.lastname@example.org
Find the latest versions of the factsheets here: