It is no secret that businesses will now need to focus heavily on their cash flow and in doing so, consider debt recovery. In this time, it is clear that supply chains have been disrupted, there is an increased risk of customers facing financial difficulties and businesses need to find innovative ways to continue trading. […]
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Some businesses are doing all they can to just keep going or they are working to answer the Government’s call for equipment to diversify to try and combat the financial implications of the COVID-19 outbreak. Whether you are now offering free delivery from your restaurant businesses or coffee shops? Offering meals on wheels and care […]
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The outbreak of COVID-19 has created and continues to create extreme levels of uncertainty for businesses and as a result some business owners have had no option but to diversify. Examples of this in the current climate include car manufacturers producing ventilators and fashion brands such as Ralph Lauren manufacturing medical clothing. Changing business focus […]
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Arguably the subjects of these briefings all focus on business continuity. Many businesses are going through a period of uncertainty creating a necessity to review and update their policies. All businesses are having to make decisions at short notice and inevitably on a somewhat improvised basis. Although we do not consider that any business could […]
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In running your business you are no doubt entering into contracts whether they be providing customers with your standard terms and conditions, entering into service agreements, contracting with suppliers, entering into agency and distribution agreements or even contracting using industry standard form contracts, such as in the manufacturing and engineering business. No matter what contract […]
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Global supply chains, even those that were not hugely dependent on Chinese factories, are strained by the disruption caused both by the virus itself and by the responses Governments have been left with no choice but to make. When we refer to the supply chain we refer to the specific areas of supply of labour; […]
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