"The entire sector continues to be hit hard, but restaurants have arguably been hit hardest of all. Not surprisingly, many of the worst off are independent businesses teetering on the verge of collapse due, in large part, to the issue of rent debt. "This is a stark remi...
Many businesses have been forced into remote working because of Covid-19. It’s easy to use these past three months as a trial period to understand if remote working and flexible work practices could be successful. It’s important to highlight that there is nothing normal about this tri...
The COVID-19 global pandemic transformed life as we knew it and posed enormous challenges for the international community. Most notably, countries closed their borders, causing massive international shipping delays and supply chain disruptions. As many businesses relied heavily on effective ...
CORONAVIRUS SMALL BUSINESS RELIEF: COMPARING THE TWO MAIN LOAN PROGRAMS But a caveat from the government: Because so many owners are expected to take advantage of the loans, it's anticipated that no more than 25% of the forgiven amount may be for things other than payroll — rent, mortgage...
there are many Chinese students who study hard, and there is a lot of pressure on the final exams. We should make good use of our time to study and try to reduce unnecessary social contact. Now a lot of entertainment places are closed. It's OK to go out to restaurants, but I sugges...
The term “social distancing” initially was popularized at the onset of the COVID-19 outbreak to encourage us to do our part in stopping the spread of the virus by staying at home and avoiding group gatherings. However, many are realizing that community and connection are needed more than ...
"I think we can say that opening up is a great benefit to China's neighbors and many countries across the world because they get the opportunity to sell to the Chinese market," said Stephen Perry, chairman of Britain's 48 Group Club. ...
Offering ecommerce COVID-19 discounts is a strategy many brands have turned to. To find what’s right for your brand, you need to look at your margins to see where you can add more of a discount for people. You can be lean, but you need to know your economics....
Marc Cannon, a spokesman for the company, toldReutersthat AutoNation was "clearly eligible and applied on behalf of the 7,000 employees furloughed caused by the COVID-19 crisis." The decision to return federal funds came after the Small Business Administration issued new guidan...
switching to closed-loop manufacturing, and altering export portfolios to offset increased logistics costs. Business’ ability to use these countermeasures was largely dependent on business model, geography, and relationship with local ...