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Business Closed? What to Do During the Coronavirus Quarantine
Whether you’re a small business, nonprofit, or freelancer, you’ve probably found yourself in one of 3 scenarios.
One, you’re still open and doing business, but your income has dropped significantly. This is mostly essential services or online businesses.
Or, you’re partially operational, but are barely staying afloat. Restaurants that are doing take-out only would fall in this category.
Finally, worst of all, your business is shut down completely and you can’t reopen until the quarantine is lifted. You’re bleeding money from payroll and expenses, but you have zero revenue coming in. Local shops and in-person services are among these.
Whatever your scenario may be, it’s easy to lose hope and just wait for this nightmare to be over. In doing so, you could easily slip into complacency. But this presents some unique opportunities for you. And I say “opportunities” very carefully, understanding that this is far from the ideal scenario.
But you don’t have to waste this time. You can take action now to help you make it, and when the quarantine lifts, come back thriving.