COVID-19 and its Effect on Business
The pandemic has proven to be life-changing for everyone. The impacts of social distancing, lockdowns, stay-at-home orders, and isolation are becoming more and more palpable – not only at a mental and personal level but at a business level as well.
Business Implications From the end of May to the beginning of July (2020), Statistics Canada conducted a survey to examine how COVID-19 is affecting businesses in Canada. We think the results paint a clear picture, no matter where your business is located (see image on right).
Working Through COVID-19 Depending on where you call home, there are different kinds of government programs implemented to help businesses endure and recover from the pandemic, including financial relief (rebates on PPE, property taxes, and energy bills), small business support grants, business information lines, and more.
But, apart from government support, how can you, as an entrepreneur, sustain your business through the disruption? While a number of businesses have been forced to close their doors, many businesses within the manufacturing industry (one of our core customer industries) have been deemed essential. This requires them to find safe ways to operate to ensure they can continue to supply other essential businesses and keep the economy moving.
This is where we can help. Narrative, our electronic work instruction, and document management tool provides a safe coping solution both during and after the pandemic. No need for employees to touch the same papers or be within 6 feet of one another. You can learn more about Narrative here.
Ready to learn how Narrative can sustain your business during the pandemic? Request a free trial.
 Ontario. (2021). COVID-19: Help for businesses in Ontario. Retrieved on February 3, 2021, from: https://covid-19.ontario.ca/covid-19-help-businesses-ontario.
 Statistics Canada. (2020). Canadian Survey on Business Conditions: Impact of COVID-19 on businesses in Canada. Retrieved on February 3, 2021, from: https://www150.statcan.gc.ca/n1/pub/11-627-m/11-627-m2020052-eng.htm.