“Many companies in frontline countries are facing challenges as a result of the virus outbreak, including:”
-Drop in business activity.
-Supply chain disruptions.
-Curtailment of travel and canceled meetings
-Cash runway. -Fundraising
“Having weathered every business downturn for nearly fifty years, we’ve learned an important lesson — nobody ever regrets making fast and decisive adjustments to changing circumstances. In downturns, revenue and cash levels always fall faster than expenses. In some ways, business mirrors biology. As Darwin surmised, those who survive “are not the strongest or the most intelligent, but the most adaptable to change.”