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In light of the developments regarding COVID-19, we would like to first say that our thoughts are with those affected by the virus in the U.S. and all around the globe.
With that, here we would like to highlight that businesses all around the world are majorly affected by this unprecedented Pandemic.
All non-essential businesses are closed by the Federal and State Government for the safety of all and may have to stay closed for some more weeks or even months to come.Many people have lost their jobs as the businesses which are cash reserved and can’t sustain during this difficult time may have to make some tough decisions.
Unemployment may increase to the record high and we hope businesses may not have to file for bankruptcy.
The government is coming up with required stimulus packages, but at the same time businesses may have to come up with new ideas.
They may have to think from a different angle.
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