When your car battery is flat and the engine won’t turn over, carefully connected jumper cables are an easy solution to get your vehicle sputtering into life again. It’s clear that we need similar swift solutions to jump-start business engines to achieve an economic recovery as SA faces its worst decline yet in economic activity.
Most SA businesses are grappling to adapt overnight to a vastly different socioeconomic environment, and there are heartening insights available in determining whether a business should jettison, uplift, mothball or pivot their services and products, or simply start something new. Many SA businesses have been heading for distress for some time, and the pandemic has made things worse. Any government support and relief packages must be drawn from the R500bn available, which will certainly not support the needs of all 700,000 SA businesses and repair the damage to livelihoods caused by the pandemic.
Opportunities abound in logistics and home delivery services as shoppers use online and e-commerce offerings as part of their efforts to flatten the curve. In addition, cleaning and sanitation — particularly of office buildings — is a further area of expansion given that the essential service of thorough and frequent sanitising will be required in all workplaces for the foreseeable future.footplate door handle is a superb example of simplicity, relevance and speed to market.
An uplift strategy is centred on an avenue of growth to survive. Retail stores have been particularly hard-hit by the Covid-19 lockdown and retail sector regulations. Retailers, especially those with a regional or national footprint, should consider the immediate introduction of an e-commerce channel to uplift their business prospects.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ewnupdates - 🏆 30. / 53 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »
High court errs in business rescue ruling for restaurantsThe judgment that the unpaid salary bill is a legal debt stems from a misunderstanding of lockdown regulations
Source: BDliveSA - 🏆 12. / 63 Read more »
Edcon business rescue on track, even as 17,000 job cuts startA plan to sell Jet and Edgars together did not garner sufficient interest and if one brand is sold, the other’s stores will be closed
Source: BDliveSA - 🏆 12. / 63 Read more »
SAA business rescue plan might not be adequate, says governmentThe government said it was concerned that a business rescue plan for troubled national carrier SAA published not be adequate. busrep busrep Another business rescue plan loading..... busrep so what, it is only so rich politicians can sit on their A holes and fly for FREE, State Capture was the baby THE PARENTS ARRIVED x 10 = A N Covid 19 looters and that’s how PresidencyZA and goons are fighting to keep their knees on citizens neck, , all in the name of covid 19
Source: IOL - 🏆 46. / 51 Read more »
SAA business rescue practitioners project 1 000 employees will be retainedBusiness rescue practitioners at SAA want the government to fund an initial working capital of no less than R2.8bn to rehabilitate the carrier. busrep so what, it is only so rich politicians can sit on their A holes and fly for FREE, State Capture was the baby THE PARENTS ARRIVED x 10 = A N Covid 19 looters and that’s how PresidencyZA and goons are fighting to keep their knees on citizens neck, , all in the name of covid 19 busrep I’m at a point that I think those BRP are useless. They are just incompetent nje. I would have done a better job. busrep Rather build houses and support the poor communities in the country!
Source: IOL - 🏆 46. / 51 Read more »