Startups and SMEs in all domains, be it technology, hospitality, or finance, are facing massive business turmoil due to the unfortunate coronavirus outbreak. While many startups have faced challenges in the last few weeks due to the sharp decline in business activity, most of them are being forced to adapt to a climate of fear and uncertainty spread by the pandemic. While the COVID-19 scare could propel opportunities for some, for most it will prove a hindrance to business. Business leaders across the globe didn’t see the catastrophe coming, and as a result, they had inadequate time to prepare. […]
