2 – Initial Business Assessment
It is important to look at the impact COVID-19 has had on your business and if you are prepared to move forward.
- Have you fully considered whether to reopen, close, or sell/merge your business?
- Are you willing to change your current business model to make it more sustainable long-term?
- Are you prepared for the extra demands that recovering your business will place on you, both personally and financially?
- Will there still be a demand for your product during and after the current crisis?
- Have you investigated the potential liability in reopening?