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Crisis Management for Small and Medium Enterprises

By Gary Furr Leave a Comment

Crisis Management for Small and Medium Enterprises

Small- and medium-sized businesses drive half of the GDP of the top 17 economies in the world (according to the World Bank) and, right now, the majority of these businesses are in crisis due to Covid-19. Customers are cancelling orders. Sales are declining 50% or more in many industries. Workers are getting laid off. Fear is taking over.

Now, at this time, we need a plan. We need to be proactive. We need to remain calm.

As a business leader, you need clarity and advice to navigate in these unprecedented times.

How do you meet this crisis proactively? What strategies should you employ, what tactics should you implement? How are you leading your people, your customers, and clients. How are you managing money, sales, operations, investment, HR policies, workflow, and more?

Read this guide on Crisis Management for Small & Medium Enterprises written by six experts and Certified Global SME Advisors. In this guide, you’ll learn:

  • How to be more proactive than ever before
  • How to create a tactical management plan
  • How to navigate this crisis
  • What to say to your banker
  • 51 ways to protect your business
  • How to work from home, and
  • How to remain firm and calm.

There are two kinds of businesses operating today. Those that are busier because of the crisis. And those that are fearing for their existence. However, all companies need to protect their people, their customers, and their cash flow.

Essential service businesses are being strained with challenging supply chains, a worried labor force, and customers staying at home. All of these factors create unique opportunities to reduce uncertainty for our customers. Non-essential services that are locked down need to be prepared to ramp up in the near future to meet pent up demand with a depleted supply chain.

Please click here to obtain a free copy of Crisis Management for Small and Medium Enterprises.

Get Your Kindle Copy

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Filed Under: SME White Papers Tagged With: SME Article

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