How startup business can survive despite the Wuhan Virus lockdown?
Posted by Michaelcorsole100 on August 26th, 2020
The time when a natural disorder occurs, peoples are in hard times. Times that are unprecedented. No matter whether it is developing or developed country, when they are uncertain about features they are living with anxiety and depression.
Most of the business has been closed and employees who are skilled, unskilled living with the pay cuts and others have been completely laid off. These are the time were world need to look for the different solutions to fight against COVID-19 and earn money.
The effect of COVID-19 not only effected in developing countries but also developed countries like BRAZIL, USA, and ITALY, etc. By seeing these pandemic severity World health organization(WHO) declared the world health emergency. The outbreak of (COVID-19) corona-virus, First identified in Wuhan, capital of Hubei, China. These Viruses identified as pandemic since it as spread globally, Recorded as of 23.07.2020 more than 15,405,391 cases as been confirmed with more than 631,022 deaths. The USA recorded 4,101,308 total corona cases with more than 146,192 deaths. These virus as ruled out whole Social media marketing, PPC Advertising and Search engine optimization.
Wuhan Virus is a virus that has created a pandemic situation and the whole world is suffering from lockdown in this situation. All the businesses are losing their business and the economy has started declining. These situations create a lot of stress and anxiety. And why not, its hampering your lifestyle, your business, your needs. We are not able to pay the employees therefore keeping a new employee is not even a second option instead some companies are terminating their employees or cutting their salaries. This has created a situation no one ever thought of.
Now you must be thinking of the cricket matches where one team keeps on loosing and others just keep on seeing. They have to go a long way to play that match again show people how they will win it. Same is the business situation these days. You know you are loosing right now but there is a ray of hope in future with full dedication and hard work that you will cope up with this and achieve success.
You need to keep some points in mind till all this slows down:
Keeping this in mind you need to take care of three things:
Try to cut the costs as much as you can. You can stop the hiring process for sometimes, try doing that work yourself in those times or can work with freelancers on project basis.
This pandemic situation is very critical for everyone, startups are having a great loss. But if we are not able to think about the profit then at least we should try thinking about how to save yourself from losses. Losses can be declined if do proper planning and sorting economically as well as mentally. Do not panic instead focus and try finding better solutions.
About the AuthorMichaelcorsole100
Joined: April 20th, 2020
Articles Posted: 2
Turn Your Hobby Into A Business
Whether you want a full time income, or are just trying to supplement your income with a side hustle, now is your chance to turn your hobby into a business!
Sell Your Photos
Microstock is a business that allows photographers and video makers to sell their content to film directors, webmasters and other kinds of buyers.
WordPress Plugins and Themes - WP Marketer Tools
WordPress Themes and Plugins To Help Grow Your Online Business and Make It More Efficient.
How to launch your own woodworking business for under $1,000.00 and make $90,000 to $150,000 per year!
How To Draw Animals - Step by Step Books
Learn how to draw over 200 animals with our easy step by step lessons available for instant download.
Options Pop Options Alerts
Simple options trading alerts plus training to help you get the biggest profits!