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Ways to Help Take your Business Forward During the Pandemic

Accept the Change:

It is certain that the world has seen a sudden drastic change in various aspects due to the COVID-19 pandemic. There is no doubt that this has created a stressful atmosphere, especially for business owners due to the rapid downfall of the economy and the need to figure things out in a very limited timeframe.

Dreading the situation is unavoidable, but it is also important to accept and adapt to the change quickly in order to sustain. There is no particular solution to deal with this situation, but there are options and a business owner must choose the best possible one. While factoring in the law of the land and the various SOPs to be followed in order to avoid the disease, one should know and implement the best possible way of taking forward a business. (more…)

Safeguarding Your Business During A Pandemic Recession

There is now little doubt that a pandemic recession is expected across the globe. However, not every business gets affected in the same way.
There are sectors of business that thrive during a recession while there are some that get almost wiped out. Some business decisions can make a great impact, some can add efforts give no returns while some can be absolutely devastating. But, what has time taught us? This is neither the first recession nor the first global pandemic. And today more than ever before, we have a lot of data ready for reference, to understand what choices are likelier to benefit of safeguard a business during a global recession caused by a pandemic.

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The Liquidity Advantage in Business

Liquid holdings are of great value to businesses and are important for day to day operations as well as the not so usual situations. Less liquid assets have their own value too. In today’s business scenario, there is however, a trend to increase liquidity in businesses and this trend seems to be here to stay. (more…)

Business Loans and Tax Deductions

Running a business is no joke. A business owner already has a number of challenges to face when it comes to the insane number of things to take care of financially. In order to keep things moving, many times one has to apply for a loan and this situation is certainly not newly described to you if you own a company. Take the recent pandemic for example- it saw a number of businesses facing financial trouble around the globe, because of which there were a number of financial decisions to be made, including laying off employees or shutting down the business.

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Decentralizing your Business – What to Decentralize and When to Do So

As a business grows larger, a question always crosses the mind of the business owners and stakeholders – is the conventional style of centralized management and decision making ideal in today’s scenario?

To begin to explain our take on this, we would first like to share that there isn’t any one-size-fits-all solution. This is simply because of the fact that like virtually any management decision that insinuates dilemma, even the decision to decentralize naturally comes with its pros and cons.

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