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Tiding through Covid-19 together

Not every business has the same resources. 

Is your business affected? Ask for help.
Are you able to help other businesses? Tell us more.

Let's share whatever we can and emerge stronger.

Jimmy liked a reply 3 days ago
Discussion
Coffee Talk

New to the community? Say hello and introduce yourself!

To warm things up, tell us more about yourself!

You can start by sharing with us what you do and how you're coping with the pandemic.

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Ken updated 6 days ago
Victor Chong
Employee Benefits Specialist

Sources of Cash for Business Owners to Tide Over COVID-19

My firm is holding a special webinar for Business Owners on 29 Apr (Wed) from 10am - 12pm.

Many businesses are badly affected by the COVID-19 pandemic. How are they coping?

Are you currently facing one or more of these problems?

1) Business revenue is stopped or severely reduced, but you are still paying salary to your staff and rent to landlord?
2) Stressed over monthly fixed bank loan instalments?
3) Cash is depleting fast?
4) Can’t afford to buy new IT equipment for your staff to Work From Home?

This webinar guides business owners to make sense of... (More)

Ken updated 6 days ago
Discussion
Coffee Talk

Advice for overcoming this covid crisis

Regardless of what industry you are in, the general advice I would say is:

  1. Prevent overbleeding, survive
  2. Slow down and systemize
  3. Predict when will covid be over, know what to do when covid is over
  4. Restart, take opportunity and grow

#1 Survive

If you are in financial difficulties, do whatever you can to prevent out flowing of funds. If you need to pay lesser to your employees, do make plans of how to compensate them back when times are better.

Key is to survive.



#2 Systemize

This is the best time for all of us to slow down and think... (More)