2020 HAS REALLY BEEN A TOUGH PILL TO SWALLOW FOR MOST OF US.
It’s been filled with worry, uncertainty, and changes to the fundamental routines that we’ve built for ourselves. Most of us probably suffered from some level of anxiety, even if our lives were only minimally affected. The COVID-19 pandemic has taken lives. It affected jobs. It permanently closed businesses. It affected how we grieve. It canceled vacations and weddings. It even managed to stop sports there for a while. The list goes on and on with the California wildfires, political division brought on by the election, hurricane season along the Atlantic and Gulf coasts. And this only scratches the surface.
While there is no way to tell exactly what the economic damage from the global coronavirus pandemic will be, it will likely have severe negative impacts on the global economy. It has left businesses around the world counting costs and wondering what recovery could look like. While the short-term outlook for small businesses varies greatly by industry, it’s important to consider what recovery mode will look like once the economy begins to return to a state of normalcy. Having a contingency plan in place for after COVID-19 can help you be prepared to
hit the ground running and rebuild.
The year 2020 might seem like the worst year ever, but it could be remembered as one of the best, if we learn from it and implement policies and procedures to better prepare ourselves for dealing with the likes of the COVID-19 pandemic. 2020 may have taught you a thing or two about how important it is to be able to adapt and keep your business fluid so you can weather the storms. Having a Plan B can help improve your business’s odds of surviving and eventually thriving again during tough financial times and with a bit of luck, 2021 will bring back health and
On a final note, we have concluded our negotiations with the 1974 Drywall Finishers on a three year package. For information check our website at www.wcc-ny.com. Be safe, stay healthy and make the best of what’s left of 2020.
- Mike Weber