Small and medium sized business and early stage startups are running into a dead end in lockdown. Depending on their structure their options are:

Hibernation

Shut and wait

Liquidation

Exit the business

Sale of business or assets

Merge with a competitor

Strategic Partner

Raise Debt

Recapitalize

Sequestration (if sole proprietor)

Become a grant-trepreneur

Down size to preserve cash.

Pivot to a new strategy e.g. digital or an adjacent industry

Diversify revenue e.g. sell vouchers

There are lots of options depending on the type of business you are in. What ever you do you need to survive to fight another day. Listen to my free podcast for more detailed information. https://lnkd.in/eXFyEDP