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One of the more insidious effects of the coronavirus outbreak is its unpredictability.
Businesses need to plan. To achieve this there needs to be an underlying, stable economic platform. Lockdown – whether locally or nationally applied – removes the certainty required to achieve planned results.
For example, the recent attempts to relax distancing rules and allow hospitality businesses (pubs, restaurants, hotel etc) to reopen on a restricted basis has back-fired in certain areas and the government has created a further layer of uncertainty – regional or local lockdown.
It is self-evident why lockdown is required – to control infection – but the effects on small businesses can be catastrophic.
From green to red the issues that need to be considered might include:
Accordingly, we all need to plan for the unexpected, and in particular, that our business plans are flexible enough to cope with new restrictions especially if applied to our local area.
If you need help with this planning and review process please get in touch with us.
Addison & Co