Many of those closures could additionally be permanent because of the lack of owners to pay ongoing expenses and survive the shutdown. The influence on small companies around the world is prone to be extreme. Search journals, e-books, convention proceedings, and reference titles from Springer Publishing. Think of ways you would exploit your knowledge for monetary gain – perhaps by gaining a bigger market share, growing new products, or promoting or licensing your protected mental property to others.
These embody mindfulness instruments, data-collection wearables, meditation and hypnosis apps, and virtual mental-health providers. The results also spotlight the importance of well-designed and sustained financial and public health coverage measures. First, more than 13% of respondents say that they don’t expect to take out CARES Act PPP loans due to the appliance hassle, mistrust that the federal authorities will forgive the loans, or worry about sophisticated eligibility guidelines. Therefore, streamlining the applying process and clarifying the eligibility criterion and mortgage forgiveness guidelines may increase the take-up rate for loans. Second, corporations in significantly uncovered industries—such as restaurants, tourism, and personal services—project that they will find it extraordinarily tough to remain in business if the disaster lasts for longer than four mo.