Many of you may not realize that small businesses are suffering greatly via Covid-19. John has expanded his dental business late last year; therefore, the fixed cost has multiplied, and then BOOM! Now we have this Covid-19 and closed the daily operation. Immediately, we needed to make multiple decisions just to survive. Do we keep the employees? Do we defer any payments? Do we have enough cash? Humor me, ‘Do you see cash’ was my MBA Accounting professor’s motto.
#38 Pain as small business owner
#38 Pain as small business owner
#38 Pain as small business owner
Many of you may not realize that small businesses are suffering greatly via Covid-19. John has expanded his dental business late last year; therefore, the fixed cost has multiplied, and then BOOM! Now we have this Covid-19 and closed the daily operation. Immediately, we needed to make multiple decisions just to survive. Do we keep the employees? Do we defer any payments? Do we have enough cash? Humor me, ‘Do you see cash’ was my MBA Accounting professor’s motto.