Why you should do a health check on your practice
Do you have an in-depth understanding of your own business following the ravages of coronavirus? If not, this is the time to take action.
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What has come to the forefront during this pandemic is how many business are in trouble over just a short period of time, which leads me to believe that the way society has been going these last few years was far less than stable. I do think that the uncertainty of Brexit, 3 general elections and the constant change of leadership has taken it's toll. I just wonder if other countries are experiencing similar problems. We know that the EU has problems. I suppose a good guide will be how quickly USA gets back on track.
So Phillip, something like this certainly makes you think, however it will only be the business that have suffered that will, perhaps, change direction. I have noticed that with my own clients some have done well some have not, but luckily none have ceased trading.
The worrying thing for me, which I think needs looking at in depth, is if we have another lockdown (perhaps early next year or even yearly). When the whole world locks down then you know there is something very wrong. Until we get to the bottom of what really happened and what we have to deal with, then uncertainty will reign again. Now this post comes from an optimist.
In a parallel but less cruel fashion, there is every chance that a number of corporates will either have ceased trading or could have significant changes in personnel as a result of the pandemic. https://www.walgreenslistens.mobi/