Intellicom Solutions | 2021, UK Businesses and COVID-19
Happy new year to all! I know it’s hard to move on after all that we have faced. How will you remember 2020? Many lost their loved ones, others were stranded for months due to travel restrictions and when it comes to businesses, don’t even ask! Almost 25% Yes, 25‰ of business were forced to close during this torrid year. With the country already withering economically due to the BREXIT crisis and political mishaps at their peak, this pandemic did nothing more but accelerate an inevitable collapse. Though the vast majority of business said to have been affected were those of a recreational nature, many shops selling “essentials” were also struck by the outbreak, due to lack of cash flow and stock not arriving. There were some businesses, however, that not only survived but continued to operate smoothly, increasing profits as usual. Really? Which businesses were they and how? Well, wise decisions are those made at the right time. It has been witnessed that those busines...