How do maintenance a sustainable and profitable school business in face Covid restrictions in Nigeria?
abednegosam2018@gmail.com
abednegosam2018@gmail.com
Hello Samuel. What do you mean by "maintenance" of your business? Are you talking about a business plan's update / upgrade / adjustment after a reevaluation of the covid_19 pandemic? Please clarify so a mentor may be able to help you.
Proper bookkeeping habit and good relationship with staff and the immediate community
How too sustain the business financially and still make profit to pay workers salary
How too sustain the business financially and still make profit to pay workers salary
Hi Samuel,
I may recommend to assess what risks you are exposed to and try to continually revisit your strategy against the challenges of Covid. In the short term, if you are currently focused on operating costs, you may need to rethink what expenses need to be shed. On the other side, if you are focused on cashflow, you will need to ensure your services are exceeding your customers' needs. Long term, consider what you can do to limit your risks....as it is generally understood now that the Covid's presence will be a protracted one.