Navigating Business Disruption During COVID-19

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 COVID-19 has shown us that it is the interconnectedness among companies tied to a just-in-time supply chain that is designed to meet immediate consumption needs.

Covid-19 has caused a massive disruption to business operations up and down the supply chain, including to the operations of growers, producers, manufacturers, processors, and distributors, as companies struggle to generate revenue amid government shutdowns, closed schools, and abrupt changes to consumption patterns.

There are two critical factors necessary to ensure that a company’s business disruption does not trigger a legal process that impairs recoveries for creditors and undermines a distressed company’s ability to reorganize.

Read more about how to navigate business disruption in uncertain times.

from The Global Small Business Blog https://ift.tt/3bowaQf