Surviving Covid-19: 4 strategies to help small businesses survive

SURVIVING COVID-19: FOUR STRATEGIES FOR SMALL BUSINESS OWNERS 1 CHECK YOUR INSURANCE POLICIES • Review your business interruption policy. This could be in your property or business owner’s policy. Your policy might provide for compensation for loss of income due to a specific interruption. • Look to see what is specifically covered and if there are any exclusions. Determine how losses are evaluated under your policy. 2 REVIEW YOUR CONTRACTS • You probably have provisions in your contracts that can help if you are having to cancel or reschedule because of the pandemic. Review your contracts so that you have a good understanding of your agreements and analyze how it applies to your current sit

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