Your Money

Budget Living

UAE: Here are six ways to revive a business struggling during the COVID-19 crisis!

If you find your business running short on cash, find out where the money is going

Published: July 15, 2020 18:30 Justin Varghese, Your Money Editor

1 of 13

6 ways to revive a business struggling in a pandemic — Has your business suddenly run short of cash? Image Credit: Stock image

2 of 13

6 ways to revive a business struggling in a pandemic — Do you notice there is something you are no longer using and it's costing you? Image Credit: Stock image

3 of 13

6 ways to revive a business struggling in a pandemic — If you're out of capital you shouldn't seek more! Image Credit: Stock image

4 of 13

6 ways to revive a business struggling in a pandemic — You owe the people who expect returns from their investments to revise your business plan. Image Credit: Stock image

5 of 13

6 ways to revive a business struggling in a pandemic — If your business is in high demand, consider making some changes in how you require payment. Image Credit: Stock image

6 of 13

6 ways to revive a business struggling in a pandemic — Majority people do not have a problem with paying in full beforehand for a consistent-quality product or service. Image Credit: Stock image

7 of 13

6 ways to revive a business struggling in a pandemic — Experts also say the easiest place to cut expenses starts with you. Image Credit: Stock image

8 of 13

6 ways to revive a business struggling in a pandemic — If you have personal savings, you can defer your salary. Image Credit: Stock image

9 of 13

6 ways to revive a business struggling in a pandemic — It is evident that over time, businesses accumulate stuff that doesn't get used all that much. Image Credit: Stock image

10 of 13

6 ways to revive a business struggling in a pandemic — A way to help raise a few bucks quickly and reduce the clutter. Image Credit: Stock image

11 of 13

6 ways to revive a business struggling in a pandemic — Recalculating the business’ exact overhead cost. Image Credit: Stock image

12 of 13

6 ways to revive a business struggling in a pandemic — Merge activities like training days and celebrations into single events. Image Credit: Stock image

13 of 13

6 ways to revive a business struggling in a pandemic — You'll find that cross training employees is much valuable in time like this. Image Credit: Stock image

This website stores cookies on your computer. These cookies are used to improve your experience and provide more personalized service to you. Both on your website and other media. To find out more about the cookies and data we use, please check out our Privacy Policy.