Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

Must checkout:

❓ASK The loss incurred by businesses during the pandemic

AudraMiller

Sapphire Member
LV
0
 
Joined
Sep 24, 2020
Messages
7,707
Reaction score
170
Points
150
Awards
1
BMF Points
$4,888
Rating - 0%
0   0   0
There are many businesses that suffered greatly because of the global pandemic and the fact that they had to close their doors during this period as well. Many people and countries actually went into a lockdown phase where no one was allowed to leave the house and therefore businesses were greatly impacted. Do you think the pandemic actually affected physical business is much more than could have been anticipated because they still had to pay for items such as rent on a property which they were no longer using? How do you think this could have been managed?
 
The loss incurred by the business is very huge for most of the business organisation with no insurance to cover them when they run at loss, most company especially those that are into selling perishable goods lost a whole lot of money.
That's true, I think those who sell perishable goods where the ones who suffered the most. Back then in my area, it got to a point where all these sellers got angry and they started opening their stores without a care of the lockdown. They had to send army officials to come and force them to close their stores.
 
This pandemic really hit hard because people did not had the time to plan ahead and how it spread very quickly made people make fast decision which their still trying to recover from.
It's been long we experience such scenario so lots of people were relaxed and no one had the time to plan for days like this, but I believe subsequently that everyone will adjust in.
SOmE Business had to just close Early because of the initial lockdown ,some was actually not able to bear the effect of the pandemic as they faced liquidation ,the pandemic effect is still on and business are trying to get away with it , because the last effect was really epic
 
SOmE Business had to just close Early because of the initial lockdown ,some was actually not able to bear the effect of the pandemic as they faced liquidation ,the pandemic effect is still on and business are trying to get away with it , because the last effect was really epic
That's right, most companies had to let go of some workers during the pandemic, with the promise that after the pandemic they would call them back, in the end does workers they dropped, they where never called back again, not out of wickedness but simply cause the company could not get back on their feet.
 
SOmE Business had to just close Early because of the initial lockdown ,some was actually not able to bear the effect of the pandemic as they faced liquidation ,the pandemic effect is still on and business are trying to get away with it , because the last effect was really epic
I remembered vividly the case of malaria and how we were able to live with it,HiV and Aids came, it created panic but we were able to adjust. In some work environment normal work activities have commence,life has to go on.
Will you prefer to die of hunger or die surviving the choice is ours to make.
 
There are many businesses that suffered greatly because of the global pandemic and the fact that they had to close their doors during this period as well. Many people and countries actually went into a lockdown phase where no one was allowed to leave the house and therefore businesses were greatly impacted. Do you think the pandemic actually affected physical business is much more than could have been anticipated because they still had to pay for items such as rent on a property which they were no longer using? How do you think this could have been managed?
Well, every one knows the strong challenges that all people in whole world faced during a critical like. Many business rundown which made some people lose their job, some people lose their business. Anyway, during the lockdown, government made a rule that landlord or landlady should not take a 3 to 5 months rent fees d
 
There are many ways business owners should manage their businesses to prevent the future occurrence of similar incident like that of COVID pandemic. There is need for online platform consideration. That is, business owner must make his business online. And as well, there is need for business insurance to prevent unforseen risks.
 
Well, every one knows the strong challenges that all people in whole world faced during a critical like. Many business rundown which made some people lose their job, some people lose their business. Anyway, during the lockdown, government made a rule that landlord or landlady should not take a 3 to 5 months rent fees d
There are many challenges faced by many business during and after the pandemic , giving for an example a business that doesn't have enough money to fund its business after the pandemic are mostly having issue with their store rentage payment.
 
I remembered vividly the case of malaria and how we were able to live with it,HiV and Aids came, it created panic but we were able to adjust. In some work environment normal work activities have commence,life has to go on.
Will you prefer to die of hunger or die surviving the choice is ours to make.
Like the popular saying goes, while there is a will, there is a way. One thing about humans is that we have the ability to adapt to every condition, situation or environment we find ourselves. Even right now people are already struggling to adapt, people have even started traveling form one country to another already.
 
There are many ways business owners should manage their businesses to prevent the future occurrence of similar incident like that of COVID pandemic. There is need for online platform consideration. That is, business owner must make his business online. And as well, there is need for business insurance to prevent unforseen risks.
YEah definitely I think business insurance needs to be taken more important ,, because there could be unforseen circumstances that could happen and proper coverage couple be provided for the employee to help prevent the illness from spreading because of that consequences
 
There are many businesses that suffered greatly because of the global pandemic and the fact that they had to close their doors during this period as well. Many people and countries actually went into a lockdown phase where no one was allowed to leave the house and therefore businesses were greatly impacted. Do you think the pandemic actually affected physical business is much more than could have been anticipated because they still had to pay for items such as rent on a property which they were no longer using? How do you think this could have been managed?
The pandemic actually open most people's eye, when it comes to which business to venture into. If you check the statistics, you will discover that the number of online business as increased so greatly that most people left offline business for online business, which lead to increase in competition. During the pandemic some offline business was affected but not closed down while some couldn't continue so they had to shut down.
 
I remembered vividly the case of malaria and how we were able to live with it,HiV and Aids came, it created panic but we were able to adjust. In some work environment normal work activities have commence,life has to go on.
Will you prefer to die of hunger or die surviving the choice is ours to make.
Vety true because even the weather conditions is really somehow and this really shows that we can withstand it ,and if checked there are actually low cases of the disease in the country , because our immune system is really strong to avoid such I think tho
 
The pandemic actually open most people's eye, when it comes to which business to venture into. If you check the statistics, you will discover that the number of online business as increased so greatly that most people left offline business for online business, which lead to increase in competition. During the pandemic some offline business was affected but not closed down while some couldn't continue so they had to shut down.
That's true, alot of persons lost their offline jobs, so they had no choice other than to look for something they can do online to generate money for themselves during the lockdown. Form there most of them fell in love with working online.
 
YEah definitely I think business insurance needs to be taken more important ,, because there could be unforseen circumstances that could happen and proper coverage couple be provided for the employee to help prevent the illness from spreading because of that consequences
To be honest, I don't know why most business owners don't take insurance serious. Many businesses would have been saved assuming they are insured. I think this is high time insurance companies started taking sensitization on insurance serious to save some business from unforseen circumstances.
 
Like the popular saying goes, while there is a will, there is a way. One thing about humans is that we have the ability to adapt to every condition, situation or environment we find ourselves. Even right now people are already struggling to adapt, people have even started traveling form one country to another already.
This pandemic is long overdue and if it's by adaptation,I don't think we are going about it the right way because people are suffering and adapting with such is not the way to go about it, companies are still shut down because they are not really affected.
 
Vety true because even the weather conditions is really somehow and this really shows that we can withstand it ,and if checked there are actually low cases of the disease in the country , because our immune system is really strong to avoid such I think tho
Sometimes it's not the virus that actually kills but ignorance and fear,we know quite well that at the onset of covid 19 when the sickness was at it worst, people died from the virus and others died from panic. But we have been able to adjust and that is what we hope for future times.
 
Factually businesses both small and big incurred losses when the global pandemic strucked because of the lock down that followed country after country that had the whole word paused to economic growth.
A business is termed one because of the services rendered and whence cometh the gain. When customers had no access to shops, even when they ordered to be delivered to them met some hard times.
Production companies that were running in the back where short of raw materials to produce due to the lockdown.

The only business that earned during is the network/communication business because everybody was home and only the internet keeps people going and updated.
 
This pandemic is long overdue and if it's by adaptation,I don't think we are going about it the right way because people are suffering and adapting with such is not the way to go about it, companies are still shut down because they are not really affected.
Of cause, when it comes to this pandemic, we still have a long way to in terms of adaptation, so many persons are yet to find their ground or even on what to do, they are still lost and with the ways things are going, it would take a long time for people finally adjust, with the recent talks about a new strain of the covid coming up.
 
Of cause, when it comes to this pandemic, we still have a long way to in terms of adaptation, so many persons are yet to find their ground or even on what to do, they are still lost and with the ways things are going, it would take a long time for people finally adjust, with the recent talks about a new strain of the covid coming up.
Adaptation is the way forward, online gigs are now crowded,making money is now a complex deal because the skill you think you have and perfect, people are learning it and the competition is much which will make you to go low just to get gig,how do we redeem from this situation is the most important factor.
 
Sometimes it's not the virus that actually kills but ignorance and fear,we know quite well that at the onset of covid 19 when the sickness was at it worst, people died from the virus and others died from panic. But we have been able to adjust and that is what we hope for future times.
FEAr too could cause it ,but it's hard to stipulated that for everyone bbecause some people are scared of it,but they still survived the virus ,I could remember when there was a Panic a serious one till the extent that people start using alternative means to treat themselves abd it didn't turn out well for man y tat were doing so
 
Yes this is true most businesses that were affected were mainly offline business in which most shut down, some lost lots of contract and connections some went bankrupt some had deal which was not yet finalized so the pandemic really caused a lot on offline business.
I really do wish those business that have lost a lot of connection and contract in the past due to the existence of the pandemic can come back to the normal notation , because it's really not good seeing business going down because of the pandemic ,is a kind of annoying something to be more sincere ,hopes the growth of business could start back , because it's important
 

📢 Recommended Partners

Paykassma - Accept Payments Online  | Payment Processing since 2019 Payka$$ma
Leading solution for accepting high-risk payments since 2019
5.00 star(s) 1 ratings
Updated
MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
1.00 star(s) 1 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 5: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.