In the coming weeks, you will be looking to re-open your business thanks to the relaxed pandemic control measures. You need to cut costs, but do it wisely so that it isn’t detrimental in the long term running of your business. SEE ALSO: What to expect when reopening your businessThis crisis will force you to revisit your business model, as much as it might pain you. While rethinking your business model, come up with additional ways for your organisation to make more money. Some vendors (especially those who require cash on delivery) in your supply chain might not be in business.

Source: Standard Digital June 10, 2020 05:26 UTC