You might have to read your financials differently at year-end this year. Many of my clients experienced a ‘gap’ in work and revenue during the pandemic’s initial months. Firms in the interior design industry had to delay scheduled installations, which affected project deadlines and revenue recognition. Many interior design firms are also experiencing delays in...Read More
The world is in great mayhem at the moment because of COVID-19 resulting in international borders being shut, share markets plummeting, and the entire country in lock-down. This has inevitably resulted in less income and less profit for brands across the board – be it the travel and tourism, oil and petroleum, food and beverage,...Read More
The ongoing Coronavirus pandemic will no doubt leave a lasting impact on the business sector. It is a fair assumption that most businesses will struggle; some will fail. An important lesson from the Great Recession of 2007-2009 is the difference between the companies that failed and the ones that survived are – the levels of...Read More
With COVID-19 cases increasing rapidly worldwide, businesses are scrambling to deal with a wide array of problems, from declining sales and stalled supply chains to ensure that their employees are healthy and can continue working. It is a fair assumption that this pandemic is going to change the way the world is going to conduct...Read More
