{"id":2843,"date":"2020-04-04T17:16:00","date_gmt":"2020-04-04T17:16:00","guid":{"rendered":"https:\/\/cmginternational.sltm.ca\/covid-19-and-your-smb-how-to-react\/"},"modified":"2022-03-23T18:16:24","modified_gmt":"2022-03-23T18:16:24","slug":"covid-19-and-your-smb-how-to-react","status":"publish","type":"post","link":"https:\/\/cmginternational.ca\/en\/covid-19-and-your-smb-how-to-react\/","title":{"rendered":"COVID-19 and your SMB: how to react?"},"content":{"rendered":"\t\t
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COVID-19 and your SMB: how to react?<\/span><\/span><\/h2><\/div>
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April 4, 2020<\/p><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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Sitting here confined to quarters and contemplating the slowdown in business over the past weeks, I’m taking the time to talk to my customers, especially those in the manufacturing sector, in order to inquire about their situation.<\/p>
You are stressed about getting back to business, worried about the future and even the very survival of your business. As our former minister Cl\u00e9ment Gignac said so well, we must avoid sending our economy to intensive care.\u00a0But I see when talking to you, SMB owners, that we are heading towards intensive care, not under observation, but on respirators!<\/p>
This situation is beyond our control and we are all in a state of shock similar to a great personal ordeal such as the death of a loved one or a car accident, which I\u2019ve personally experienced.<\/p>
So, how do we deal with this situation?<\/strong><\/p>
We must act now! Do not wait, take control of your business and organize yourselves accordingly to avoid the closure of your businesses and be ready for the return to business. This recovery will be slow, certainly between 16 and 24 months, and for those who survive it, the business opportunities will be immense.<\/p>
As an entrepreneur myself, I am currently working on my reorganization plan because I do not want to panic and I want to continue to fight for our SMBs.<\/p>
My nearly 50 years experience as a turnaround specialist gives me the necessary perspective to suggest you do the following without delay:<\/p>