Enterprise pandemic preparedness checklist

Enterprise pandemic preparedness checklist

Entrepreneurship

SIKAP By PDRF

SIKAP By PDRF

7 Apr 2021, 12:30 — 4 min read

Micro, small, and medium enterprises (MSMEs), which form 99.6% of registered establishments and contribute 62.6% to the Philippines' labor force, have directly felt the economic impacts of the COVID-19 global pandemic.


If you have an enterprise currently affected by COVID-19, here are some business continuity tips to keep in mind:


Workplace safety

  • Keep the workplace clean and disinfected.
  • Utilize print materials such as posters and flyers to remind your employees to practice proper hygiene and sanitation.
  • Put in place protective measures to ensure that employees know what to do if they exhibit respiratory illness symptoms.
  • Keep a list of emergency hotlines and check the nearest hospitals your employees can go to.
  • Adopt policies that help prevent the spread of COVID-19.


Employee safety

  • Constantly keep in touch and check on your employees’ situation.
  • Identify activities important to your business operations and the key personnel in charge to anticipate possible impacts.
  • Ensure that you have a complete and updated list of employees’ emergency contact details.
  • Keep a list of resources necessary for every employee and find ways to provide these identified resources.
  • Check if the Work from Home policy applies to your business operations and allows flexibility in your employees’ work schedules.


Communicating with partners & suppliers

  • Maintain open communication with your customers and suppliers to inform them of your business plans and let them know how they can still purchase goods or ask for your services.
  • Maintain a contact list of alternative suppliers.
  • Connect with other enterprise owners or business associations and look for ways of supporting one another.


Maximizing available technology

  • Inform your customers about changes in your business operations.
  • Utilize communication channels such as social media to share how COVID-19 has impacted your business to give key stakeholders (government agencies and private sector actors) ideas on how they can help.
  • Be ready to answer questions or inquiries from your customers.
  • Explore possible online solutions for marketing strategies and delivery of goods.
  • Explore the possibility of having your goods delivered through fast courier delivery services.


Be in the know

  • Keep track of the COVID-19 situation and monitor news and updates from the national government and your respective local government unit.
  • Do your research: look for reliable online resources that can help your enterprise.
  • Enroll in online courses and join webinars that help increase your business resilience and enable you to adapt to business disruptions more efficiently.


Monitoring your finances

  • Check your cash flow and prepare for long-term disruption.
  • Research on available economic packages and services from government agencies and private sector providers.
  • Discuss with your business partners the possibility of having a grace period for your rental and utility fees.
  • Stay informed on payment extension announcements from lifeline service providers and banking institutions.
  • Explore e-commerce and other online banking solutions.

 

Also read: 3 easy loan options to get funding for your business

These are some tips to keep your business operations going despite the COVID-19 pandemic.

 
Image source: Shutterstock

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Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the views, official policy, or position of GlobalLinker.

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