August 6, 2020 | 3 MIN ReaD
Moves You Can Make to Protect Your Clinic During a Crisis
The world is still fully immersed in the COVID-19 pandemic. So, if you own or operate a clinic, you may still be feeling the effects of closures and restrictions. Not to mention that there’s really no telling what the future has in store in terms of this outbreak – or even future emergencies. If you want to be sure that your business can weather the current storm and be better prepared for the next, here are a few key steps you need to take to help your business survive and potentially grow during a wide-scale crisis.
Invest in the Right Tech and Software
Pay Attention to Cybersecurity
Create a More Engaging Website
Shore Up Emergency Funds
This is the last item on this emergency preparedness list, but it should be the first on yours. That’s because boosting your emergency fund could be the difference between surviving during times of crisis or having to close up shop. Some small steps you can take, whether it’s now or when things settle back down again, include setting up automated savings deposits, looking for ways to trim monthly expenses, and putting at least 10 percent of your annual revenue into a savings account. The goal of these savings steps is to ensure that you have enough money in the bank to cover operating costs during unpredictable and uncertain times. You could also consider using a high yield savings account to grow your business’s emergency fund.
Hopefully, the coronavirus crisis will subside in the coming months and the economy will be able to bounce back. Until it does, focusing on improving the aspects of your business that are listed above can help you survive and minimize any damages. In any case, you will be much better prepared for any future emergencies or events that impact your clinic.
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