COVID-19: What to do when closures or layoffs become necessary

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Countless businesses have been affected by the Coronavirus. While some had access to relief funds, almost everyone had to consider the possibility of downsizing (whether permanent or temporary) or even complete closure. Most medical practices didn’t technically have to close, however many of them cancelled elective visits and procedures – posing a threat to cash flow and revenue. If that is the case, you might find yourself looking at ways to minimise these cost implications and long-term impact on your medical practice.

This eGuide outlines the steps to follow if staff cutbacks or closures become necessary due to COVID-19.

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