Businesses will undoubtedly be the hardest hurt by the current COVID-19 era. Larger firms have a higher chance of survival. Still, most small enterprises only have a few months’ worth of financial flow, so when something as significant as this happens, it may be catastrophic for the entrepreneurs and the staff they support. The epidemic has a double effect on Entrepreneurs. The pandemic immediately threatens their health. As their start-up businesses close, their revenue decreases, affecting their well-being even more.

Creativity is necessary for every industry and area, not just traditionally creative ones. Moreover, the corporate landscape will need to grow and adapt quickly in the future years – anyone desiring to work in business, for example, to manage a firm through the problems and opportunities, executives must be able to tap into their creative minds.

We’re all in this together. Keep your customers informed about what your company is going through. Customers may empathize with businesses in distress if the communication is open and honest. Communicate with customers to learn about their opinions on your product or service. Determine the best communication technique with stakeholders, especially customers and employees, by consulting with your investors or outside experts. Have a productive discussion with your whole leadership team about the situation and its implications for your company. Any unfavorable message should be delivered with sincere empathy and clear reasoning. In these times, we must stick together and support one another in every way we can.