COVID-19 has severely impacted the way that everyone goes about their lives. Most are forced to stay at home, yourself likely included.
This means that many businesses are currently closed or working at a significantly reduced capacity. Unsurprisingly, this is resulting in losses across the board as businesses struggle to keep up with their expenses while having their income handicapped.
In particular, small businesses tend to be hit the hardest. Small businesses have less flexibility to handle a disaster like a pandemic, so their losses tend to be more impactful.
Business insurance may cover coronavirus losses, but this is not guaranteed relief and you may not even have a policy.…Continue reading