Covid-19 Recovery Plan:
STEP 1 – Estimate Lossless
Recovering from the pandemic looks different to every type of business.
In order for us to forge a path forward, we must first find the way. In order for businesses to re-open and operate safely, some critical changes will have to be made in their standard operating procedures.
Needless to say most small business owners won’t have the cash flow on hand to make these critical changes to their business. This is why securing some type of funding is going to be critical to the process.
The process of estimating losses for a business, consist of understanding present as well as future lost revenue based on circumstances stemming from the pandemic.
Ultimately the determination will be made by an insurance adjuster what the payout will be, but our initial approach is to give the business owner some understanding of where they are right now!