This interim direction is based on what is presently known about the coronavirus disease 2019 (COVID-19). COVID-19 is a respiratory illness that can blowout from person to person. The outbreak first started in China, but the virus continues to spread globally and in the United States. There is much more to study about the transmissibility, severity, and other features of COVID-19 and investigations are ongoing.
In today’s scenario, how do small enterprises survive and see through the pandemic?
Businesses and employers can avert and slow the spread of COVID-19 within the workplace. Employers should retort in a way that takes into account the level of disease transmission in their communities and revise their business response plans as needed. Employers should monitor the White House Guidelines for Opening Up America Again external icon, a phased tactic based on recent levels of transmission and healthcare capacity at the state or local level, as part of restarting business operations. Business operation verdicts should be based on both the level of disease transmission in the community and your willingness to guard the safety and health of your employees and customers.
NFL COVID Case
The Titans won’t be hind intimate their building until Saturday at the earliest because of eight positive tests for the coronavirus.
The NFL is facing its first COVID-19 outbreak, after minimum of nine members of the Tennessee Titans tested positive for the virus in the past four days, according to ESPN. The Titans played the Minnesota Vikings in Minneapolis on Sunday, and on Tuesday, as news of the outcomes broke, both teams closed their exercise facilities, with the Titans closing down until Saturday at the earliest. The league hasn’t however made a declaration about what will transpire with the teams’ next two games, both scheduled for Sunday.
Some specialized sports leagues have restarted play during the coronavirus pandemic by building use of a bubble where games and players are contained, but like the MLB, the NFL has upheld a travel schedule. Some fans have appeared games based on local restrictions, and as the AP noted on Tuesday, the Titans were predestined to have about 7,000 attendees for their forthcoming home game, later expanding to 8,500 and then 10,000 in upcoming games. Last week, numerous NFL head coaches were fined $100,000 for not wearing face masks on the sidelines.
Titans Have NFL’s 1st COVID-19 outbreak
Notwithstanding the situations and slips, the league had evaded this level of outbreak so far. As the Wall Street Journal noted, in the NFL’s testing from September 13 to 19, 2020 there were no new positives amid players and five midst other personnel. When the MLB tackled alike outbreaks early in its season, games were scrapped and rescheduled.
Now the majority organizations have planned to undertake certain issues. So, there are few of the notable points which need to be taken care in safer side.
Here are a few pointers and suggestions –
Make Decisions
Take decisions and do not oscillate and wait for things to improve or for the government to come up with solutions. Things can get overwhelming, but it helps to break down the problems and attack each one individually and based on urgency.
Once you start taking proactive measures, you’ll feel more in control and be able to deal with the problems at hand.
Keep abreast of all the laws and legislations
The business landscape is changing almost every day, and the government is coming out with new legislations daily.
The federal, state and municipal governments are implementing new rules and regulations, and one needs to keep up with the changes and monitor how it affects you. Go by the official source and do not rely on online and social media messages and interpretations.
Stress out
Do not overstress about how to manage employee expectations, your business obligations etc. Take time out for yourself and relax. A confused and confounded mind does not come up with solutions but throws up more problems.
Plan a Budget
Make a there-month survival plan. For small businesses, the expenses are set like employee pay, overheads, suppliers etc. Talk to your landlord and suppliers on how to manage payment. Most likely, everyone is feeling the pinch and nobody wants to lose paying customers in hard times. A mutually beneficial payment plan can be worked out.
Business Model
Think ahead and see how the post-pandemic scenario will affect the business. Is your business model suitable for a more online presence? Think about how customer behaviour will change. Will you be able to fulfil new needs and purchasing patterns? How much of your business can go online, and how much technology you can bring in to cut costs?
Retain and consolidate
Keep your team intact as far as possible. Work out a payment plan if you are tight on cash. You could train your existing staff on additional skills, which could make them more productive and efficient. Help them train in areas that you intend to retain and move them laterally and offer to upskill with training online or some other way.
Along with the governments coming up with stimulus packages, the businesses need to hang in there with cost cuttings, innovative budget solutions and a tight rein on spendings. If a majority of small companies go under, then the market scenario will change completely. Big businesses wil consolidate and run out all small enterprises. This kind of situation is not suitable for innovations and new ideas and market competition. Prices will go up due to less competition, and purchasing power will come down. It will lead to more inequality, more sclerosis and a weaker GDP.
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