Businesses across the world have come to a standstill, with some of the most populous countries in lockdown and forced companies to work from home or close operations. Small businesses are taking a way bigger hit than anticipated or reported.
Global stock markets have crashed, businesses shut down.
It seems like the coVID-19 has become the biggest disrupter of business trends, with some industries flourishing and witnessing the highest boom recorded; while others are seeing a slump.
How Corona outbreak is impacting Businesses arround the world?
Originated in China, coronavirus has infected more than 350,667 people so far. And certainly, its spread has made businesses around the world counting costs. Have a look at the graph stating the economic impact of the virus on the stock market.
While the pandemic is turning economies, it has turned the daily lives upside down. The fear of the virus spread and the government’s strict advice has made customers stay at home. And this has terribly impacted the offline businesses, across the various industries.
Though the solution to the Coronavirus is still unfound, there exists a solution to the problems being faced by offline businesses.Offline businesses are struggling and no one seems to be happy about their financial portfolios nowadays. However, even these challenging times are having great opportunities for entrepreneurs. The solution lies with technology. It is time to make the right move and take your offline business online.
This infographic will explain how you will be successful when you take your business online.
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