Adapt, Pivot, Transition, Evolve - How Do We Proceed?

Adapt.

Pivot.

Transition.

Evolve.

All these and more not-so-new words have been added to our business dictionary. Every business now, no doubt, has had to take some unplanned action/s to ensure survival in the next coming months. Businesses that fail to take any action will indeed struggle to get ahead and will die eventually.

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How Can My Business Survive 2021

2021 just hit like 2020 and micro and small businesses are no doubt still having some problems either pivoting or adapting.

However, there is still reason to be somewhat optimistic about the future of some micro and small businesses. But this grandeur future won’t come without the work. For the businesses sitting around and waiting for the “normalcy” to return, you may have quite a long wait and your business may suffer while you wait.

In the grand scheme of things, businesses have to literally now “mind their own business!” Your survival depends on what you do now AND what you don’t do.

Here are some key things that can contribute to your survival and success:

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Why Local Banks Had to Reduce Card USD Limits - A Simple Outlook

In 2017, market challenges affected Foreign Exchange (FX) availability and caused our banks to set limits on foreign exchange transactions. Now once again, those same market conditions have deteriorated and we are back at it.

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