financial stress management

Evaluate your supply chain to optimise costs under COVID-19 situation

As we mentioned in our last email that cost optimization is critical at this time. This is the time to be frugal. Remove all the flab and be lean and efficient. Focus on your core business. Bad costs (unnecessary spending, …

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How to optimise costs for better cash management under COVID-19 situation

Our Prime Minister has announced extension of the lock-down until 3rd May. The government will start allowing some activities from 20th April, in the areas which are virus safe and have no cases. Experts believe that lockdowns will …

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Addressing issue of salary expenses in the COVID-19 situation

As we mentioned to you in my previous mail, we are looking into ways to deal with the economic impact of the COVID-19 lock-down. The first question we are addressing is: How to deal with salary expenses? Should we lay …

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How can businesses deal with the economic impact of COVID-19?

We are writing this article to help small and medium sized businesses like us to deal with the adverse economic effects of COVID-19 situation. As we all realize, we are living in vulnerable and uncertain times. The 21-day nationwide lockdown …

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