If you are the owner of a Micro, Small or Medium sized business, chances are that you have been significantly impacted in the current Lockdown situation. The big question is what's next for your business? Obviously as an owner you cannot sit back and wait for things to happen. The need of the hour is to sit up, take charge of the situation, and act. The first priority for you is to draw up a business continuity blueprint for your business. You need to do this NOW, notwithstanding the fact that that demand could take anywhere from a quarter or more to revive, d epending on the sector. Nearly all companies are in the middle of what they describe as “scenario planning". Some of the key aspects of business operations that require planning and execution now, even if the business starts moving (demand for your product) a little later, could be Supply Chain Strategizing around securing the supply of key raw materials. Manufacturing Keeping in ...