The COVID-19 pandemic is testing the world in many ways. On one side, it is grappling the healthcare sector with rising infections. On the other, it is impacting the sectors financially. As the pandemic soars globally, businesses are left on the brink of collapse with disruptions in financial projections. The large-scale lockdowns and halt in the in-person trades increase the fear of economic fallout among the businesses. COVID-19 pandemic took a toll on all businesses despite their size. Moreover, it also led to major changes that will continue even beyond the pandemic. These may include contingency plans, economic stability as well as consumer interests towards the businesses. Now with the vaccination drives rolling out globally, the growth of the business beyond COVID-19 holds much promise. As the new businesses continue to transform digitally, with new practices to ensure financial stability, there are much higher prospects for business proliferation than before. However, that does not mean the businesses did not have enough resources to tackle the structural and economic challenges before the pandemic. On the contrary, the pandemic increases the importance of essential tools and strategies for small and large businesses. With these increases in usage, businesses can achieve up to…
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