Steps to reopen business depend largely on consumer behavior
As the economy slowly reopens, businesses have lots of questions. Many believe that the answers will depend on how consumers behave, since consumer spending accounts for roughly 70% of economic growth in the U.S.
Will people be out and about, or still nervous to shop in public spaces? Will consumers spend less money as a result of paycuts and layoffs? Time will tell, but business owners can’t wait too long.
You can get started right now with steps to improve business cash flow during the coronavirus crisis.