{"id":13058,"date":"2020-04-19T10:07:10","date_gmt":"2020-04-19T10:07:10","guid":{"rendered":"http:\/\/atwdev.co.uk\/workingknowledge\/small-business-owners-how-to-survive-a-covid-19-financial-downturn\/"},"modified":"2024-06-29T11:06:00","modified_gmt":"2024-06-29T11:06:00","slug":"small-business-owners-how-to-survive-a-covid-19-financial-downturn","status":"publish","type":"post","link":"https:\/\/atwdev.co.uk\/workingknowledge\/small-business-owners-how-to-survive-a-covid-19-financial-downturn\/","title":{"rendered":"Covid-19 financial downturn &#8211; Small businesses can survive"},"content":{"rendered":"<div id=\"block-9019b37d-ef07-4e18-9e27-c160505b2a02\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"9019b37d-ef07-4e18-9e27-c160505b2a02\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<h2 class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" style=\"text-align: center;\" role=\"textbox\" spellcheck=\"false\" aria-multiline=\"true\" aria-label=\"Paragraph block\"><\/h2>\n<\/div>\n<div id=\"block-9019b37d-ef07-4e18-9e27-c160505b2a02\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"9019b37d-ef07-4e18-9e27-c160505b2a02\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" spellcheck=\"false\" aria-multiline=\"true\" aria-label=\"Paragraph block\">I am the owner of a small business and I think that I can safely speak for all SMEs in the country that we are very worried about the months ahead. But having been a business entrepreneur for over 20 years and ridden several tumultuous waves, I\u2019m also confident we can get through this if we have a plan, stay agile and make wise decisions.<\/p>\n<\/div>\n<div id=\"block-0ab6fc55-ed23-47ce-a75f-8192ffb9fb51\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"0ab6fc55-ed23-47ce-a75f-8192ffb9fb51\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">At one time, my whole business was based on a financial model that relied on government funding and as soon as there was a change in political leadership at the top, the proverbial rug was pulled from under our feet. Coupled with the 2008 crisis, we\u2019ve braved some challenges at Working Knowledge &#8211; but survived. Facing a hard time again, I felt compelled to share what I\u2019ve learned about why some companies will rise phoenix-like from the flames, whilst others crash and burn.<\/p>\n<\/div>\n<h3><strong>Don\u2019t axe your staff &#8211; retrain and repurpose<\/strong><\/h3>\n<div id=\"block-9019b37d-ef07-4e18-9e27-c160505b2a02\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"9019b37d-ef07-4e18-9e27-c160505b2a02\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">Right now you need to make use of your staff on downtime and turn this to your advantage. Do you have a valued front-of-house receptionist currently twiddling their thumbs at home? Or perhaps some bright and able staff elsewhere in your business who were once client\/customer-facing, but now can\u2019t get on with their job? Don\u2019t lose these people &#8211; make use of them and give them a new sense of purpose!<\/div>\n<div id=\"block-bf1bb798-2025-49d7-a212-bc5e7ca43831\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"bf1bb798-2025-49d7-a212-bc5e7ca43831\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">Humans as a species, are incredibly adaptive to new environments and challenges. The same person who once operated your front-of-house could, with a <strong><a href=\"http:\/\/atwdev.co.uk\/workingknowledge\"><span style=\"color: #006d7e;\">little coaching and training<\/span><\/a>,<\/strong> be re-channelling their efforts to promoting your business online.<\/p>\n<\/div>\n<h3 class=\"rich-text block-editor-rich-text__editable\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Write heading\u2026\"><strong>Be transparent and keep up morale<\/strong><\/h3>\n<div id=\"block-402d52a5-c165-490f-a02c-bb718804fbc7\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"402d52a5-c165-490f-a02c-bb718804fbc7\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">It\u2019s more important than ever right now for your staff to feel like a team. They all need to have a sense of collective purpose. If you are struggling financially, don\u2019t hide this from your team. They will be wondering anyway so it\u2019s better to be honest and upfront. But of course don\u2019t announce and financial insecurities in an alarmist way. Let them know you have a plan and a positive vision for the future. Let them be part of that plan and ensure they know you value them.<\/p>\n<\/div>\n<div id=\"block-0c1e6c3d-2cd1-4d76-8af6-e494710d73db\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"0c1e6c3d-2cd1-4d76-8af6-e494710d73db\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">If your company is new to the home-working model, your staff will need lots of regular positive interactions to feel at ease. Get on skype\/zoom and make sure your conversations are effective but not overly clinical, allowing for a modest degree of chit-chat. I\u2019ve been managing 80% of my team remotely\u00a0for years and I would argue that the bonds are as strong as any team I\u2019ve managed in our central office. There are many positives of home-working and I believe cutting out the exhausting commute and giving my team more flexibility around their daily lives actually results in them being much more energised and focused.<\/p>\n<\/div>\n<div id=\"block-1ba9a68a-01b7-4df3-888c-acd5089ec277\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"1ba9a68a-01b7-4df3-888c-acd5089ec277\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">Don\u2019t forget to ask \u201chow are you?\u201d.\u00a0 We need to be social animals more than ever right now so give people a chance to smile, laugh about something trivial and support each other!\u00a0 You\u2019ll have to demonstrate a degree of trust that your staff will get things done. I would advise putting systems in place to track work and keep on top of outputs but avoid micromanaging &#8211; no one likes to feel watched.<\/p>\n<\/div>\n<div id=\"block-287429ff-2f52-4adc-8e9f-e65b5de1a850\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"287429ff-2f52-4adc-8e9f-e65b5de1a850\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">How about setting up a virtual coffee time for your staff? In fact, why not join me for a virtual coffee?!\u00a0<strong><span style=\"color: #006d7e;\"> <a style=\"color: #006d7e;\" href=\"http:\/\/bit.ly\/JjamesLott-DMA-calendar-20\">https:\/\/bit.ly\/jameslott_DMA_calendar<\/a><\/span><\/strong><\/p>\n<\/div>\n<h3 class=\"rich-text block-editor-rich-text__editable\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Write heading\u2026\"><strong>Don\u2019t stop marketing!<\/strong><\/h3>\n<div id=\"block-402d52a5-c165-490f-a02c-bb718804fbc7\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"402d52a5-c165-490f-a02c-bb718804fbc7\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-37b03cd3-30cf-4ed3-9bc2-182d55e8ad1a\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"37b03cd3-30cf-4ed3-9bc2-182d55e8ad1a\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">In times of hardship, the first thing often to get axed is the marketing budget. But this, I would argue, is the death knell for many a good company. You will now, more than ever, need to secure sales and keep broadcasting to the world that you can still provide something they need. You may find you need to switch your marketing mix to focus more heavily on digital outputs, but whatever you do DO NOT STOP marketing!<\/p>\n<\/div>\n<div id=\"block-88d449aa-ab55-49ce-b2b2-8b3cfb329548\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"88d449aa-ab55-49ce-b2b2-8b3cfb329548\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">A slowed economy could actually be used to your advantage &#8211; see it as an opportunity to get ahead of the competition. For example, as people panic and unwisely retract their pay per click (PPC) spend on Google, you may find the bidding price for top position reduces giving you the competitive edge. Confused by PPC? Don\u2019t be &#8211; <strong><span style=\"color: #006d7e;\"><a style=\"color: #006d7e;\" href=\"http:\/\/atwdev.co.uk\/workingknowledge\">we can train you or your staff to digitally savvy.<\/a><\/span><\/strong><\/p>\n<\/div>\n<\/div>\n<h3 class=\"rich-text block-editor-rich-text__editable\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Write heading\u2026\"><strong>The new dawn of digital &#8211; don\u2019t miss the curve<\/strong><\/h3>\n<div id=\"block-402d52a5-c165-490f-a02c-bb718804fbc7\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"402d52a5-c165-490f-a02c-bb718804fbc7\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-37b03cd3-30cf-4ed3-9bc2-182d55e8ad1a\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"37b03cd3-30cf-4ed3-9bc2-182d55e8ad1a\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-b9f5fc3f-4fb1-4222-a805-01c154f6d492\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"b9f5fc3f-4fb1-4222-a805-01c154f6d492\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">We are part of a massive global social experiment\u00a0 &#8211; can the world work from home? Servers are likely to be strained and virtual conferencing tools may need a bit of upgrading to cope with larger volumes, but ultimately I think we will find that for a lot of people, home working will be the new norm for 2020. As people ease into the home-working mindset, even more people will expect you to sell, communicate and interact online. We\u2019ll see a rise of virtual events and virtual breakfast meetings so make sure you know how to operate in this new world.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<h3 class=\"rich-text block-editor-rich-text__editable\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Write heading\u2026\"><strong>Be agile<\/strong><\/h3>\n<div id=\"block-402d52a5-c165-490f-a02c-bb718804fbc7\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"402d52a5-c165-490f-a02c-bb718804fbc7\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-37b03cd3-30cf-4ed3-9bc2-182d55e8ad1a\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"37b03cd3-30cf-4ed3-9bc2-182d55e8ad1a\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-b9f5fc3f-4fb1-4222-a805-01c154f6d492\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"b9f5fc3f-4fb1-4222-a805-01c154f6d492\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-742193a1-2e99-4a89-b8ee-3cb8e18903bc\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"742193a1-2e99-4a89-b8ee-3cb8e18903bc\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">If I had to sum up in one sentence, how to be successful right now it\u2019s this: Be agile. Think about how you can flex your business, tweak your services, turn the way you\u2019ve always done things on its head. Streamline but streamline wisely.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 class=\"rich-text block-editor-rich-text__editable\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Write heading\u2026\"><strong>Tap into government support<\/strong><\/h3>\n<div id=\"block-402d52a5-c165-490f-a02c-bb718804fbc7\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"402d52a5-c165-490f-a02c-bb718804fbc7\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-37b03cd3-30cf-4ed3-9bc2-182d55e8ad1a\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"37b03cd3-30cf-4ed3-9bc2-182d55e8ad1a\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-b9f5fc3f-4fb1-4222-a805-01c154f6d492\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"b9f5fc3f-4fb1-4222-a805-01c154f6d492\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-742193a1-2e99-4a89-b8ee-3cb8e18903bc\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"742193a1-2e99-4a89-b8ee-3cb8e18903bc\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<div id=\"block-e1edc8cc-3a4c-47e5-b6e4-f263409daa36\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"e1edc8cc-3a4c-47e5-b6e4-f263409daa36\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">The Bank of England has again this week urged business owners to use the financial support on offer to small businesses rather than axe their staff. Whilst it makes business sense to do this, it is also imperative to our economy and wellbeing that we keep the wheels turning. If you can, I recommend you keep your staff employed, and avoid the temptation to farm work out to remote service providers elsewhere in the world who do not understand your business or your customers. Here\u2019s the support available to you:<\/p>\n<\/div>\n<div id=\"block-3b7b2a7e-3d00-43b8-9e03-b4914fd39490\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"3b7b2a7e-3d00-43b8-9e03-b4914fd39490\" data-type=\"core\/list\" aria-label=\"Block: List\">\n<ol class=\"rich-text block-editor-rich-text__editable\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Write list\u2026\">\n<li><strong>Upskilling <\/strong>&#8211; retrain your staff or yourself in marketing  and the <span style=\"color: #006d7e;\"><a style=\"color: #006d7e;\" href=\"http:\/\/atwdev.co.uk\/workingknowledge\"><strong>government will pay 95% of your training costs.<\/strong><\/a><\/span><\/li>\n<li>\u00a0Make use of the 12-month <span style=\"color: #006d7e;\"><a style=\"color: #006d7e;\" href=\"https:\/\/www.gov.uk\/guidance\/check-if-your-retail-hospitality-or-leisure-business-is-eligible-for-business-rates-relief-due-to-coronavirus-covid-19\"><strong>business rates holiday<\/strong><\/a><\/span> for all retail, hospitality and leisure businesses in England<\/li>\n<li>Apply for <span style=\"color: #006d7e;\"><a style=\"color: #006d7e;\" href=\"https:\/\/www.gov.uk\/government\/collections\/financial-support-for-businesses-during-coronavirus-covid-19\">s<strong>mall business grant funding of \u00a310,000<\/strong><\/a><\/span> for all business in receipt of small business rate relief or rural rate relief.<\/li>\n<li>Access <a href=\"https:\/\/www.gov.uk\/government\/news\/chancellor-announces-additional-support-to-protect-businesses\"><strong><span style=\"color: #006d7e;\">grant funding of \u00a325,000<\/span><\/strong><\/a> for retail, hospitality and leisure businesses with property with a rateable value between \u00a315,000 and \u00a351,000<\/li>\n<li>Make use of the<span style=\"color: #006d7e;\"> <a style=\"color: #006d7e;\" href=\"https:\/\/www.gov.uk\/guidance\/apply-for-the-coronavirus-business-interruption-loan-scheme\"><strong>Coronavirus Business Interruption Loan Scheme<\/strong><\/a><\/span> offering loans of up to \u00a35 million for SMEs through the British Business Bank. <strong>This is only available until 31st January 2021 so apply now!<\/strong><\/li>\n<\/ol>\n<\/div>\n<div id=\"block-119f621c-50bb-4010-b13a-ea837f050423\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"119f621c-50bb-4010-b13a-ea837f050423\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\">Finally I wish you the best of luck throughout the coming months. My team of digital marketers will be sharing free tips and resources to you all as we navigate this journey together.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"block-editor-block-list__layout\">\n<div id=\"block-bf1bb798-2025-49d7-a212-bc5e7ca43831\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"bf1bb798-2025-49d7-a212-bc5e7ca43831\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\"><strong>Stay safe and stay productive!<\/strong><\/p>\n<\/div>\n<div id=\"block-fa76eb8a-ea2b-47cc-9b39-7ca8fde08378\" class=\"wp-block block-editor-block-list__block has-selected-ui\" tabindex=\"0\" role=\"group\" data-block=\"fa76eb8a-ea2b-47cc-9b39-7ca8fde08378\" data-type=\"core\/paragraph\" aria-label=\"Block: Paragraph\">\n<p class=\"rich-text block-editor-rich-text__editable wp-block-paragraph\" role=\"textbox\" aria-multiline=\"true\" aria-label=\"Paragraph block\"><strong>James and team HQ<\/strong><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I am the owner of a small business and I think that I can safely speak for all SMEs in the country that we are very worried about the months ahead. But having been a business entrepreneur for over 20 years and ridden several tumultuous waves, I\u2019m also confident we can get through this if&hellip;<\/p>\n","protected":false},"author":14,"featured_media":13059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,19,21],"tags":[12,13,15,16,17,18,20,22,23],"class_list":["post-13058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-marketing","category-marketing-strategy","category-our-training","tag-business","tag-covid-19","tag-financial","tag-financial-turndown","tag-how-to-survive-covid-19-financial-turndown","tag-marketing","tag-online-marketing","tag-small-business-owners","tag-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Covid-19 financial downturn - Small businesses can survive -<\/title>\n<meta name=\"description\" content=\"In this helpful blog, we provide tips for your small business in the Covid-19 financial downturn and how you can avoid sinking.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/atwdev.co.uk\/workingknowledge\/small-business-owners-how-to-survive-a-covid-19-financial-downturn\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Covid-19 financial downturn - Small businesses can survive\" \/>\n<meta property=\"og:description\" content=\"In this helpful blog, we provide tips for your small business in the Covid-19 financial downturn and how you can avoid sinking.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/atwdev.co.uk\/workingknowledge\/small-business-owners-how-to-survive-a-covid-19-financial-downturn\/\" \/>\n<meta property=\"og:site_name\" content=\"Working Knowledge\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WorkingKnowledge\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-19T10:07:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-29T11:06:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/atwdev.co.uk\/workingknowledge\/wp-content\/uploads\/2023\/09\/shutterstock_584894968-1-862x525-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"862\" \/>\n\t<meta property=\"og:image:height\" content=\"525\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"james.lott@atwdev.co.uk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"james.lott@atwdev.co.uk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/atwdev.co.uk\\\/workingknowledge\\\/small-business-owners-how-to-survive-a-covid-19-financial-downturn\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/atwdev.co.uk\\\/workingknowledge\\\/small-business-owners-how-to-survive-a-covid-19-financial-downturn\\\/\"},\"author\":{\"name\":\"james.lott@atwdev.co.uk\",\"@id\":\"https:\\\/\\\/atwdev.co.uk\\\/workingknowledge\\\/#\\\/schema\\\/person\\\/896c106f1358565c00be725de9b2e86d\"},\"headline\":\"Covid-19 financial downturn &#8211; 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