• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • HOME
  • RECOMMENDED BOOKS
  • FREE TOOLS
  • ABOUT

The Fortunate Investor

Investing, Business, Saving, Debt, Money, Retirement, Taxes and Family Finances

  • Save Money
  • Invest Your Money
  • Get Out of Debt
  • Making Money Online
  • Family & Money
  • Taxes
  • Business
  • Retirement
    • Retirement Calculator
Home » Are You Ready To Reopen Your Doors?

Are You Ready To Reopen Your Doors?

May 17, 2020 By The Saving Gal | This article may contain affiliate links. For more information visit our Disclosure

Tweet
Share
Pin
Share
Share

credit card sign up bonusIt’s true to say that we are now seeing signs that countries are going to start to reopen in the wake of the worst of the pandemic. This has already begun in certain places with states in the US rapidly reducing restrictions. However, it is important for business owners to ask whether their company is ready to reopen. You should be taking the downtime you have to plan how this is going to occur and what will be different when you do. 

Know Your Local Rules And Regulations 

In the US, it’s important to remember that the reduction of measures will not be controlled by Washington. Instead, each state has the power to decide what measures should and should not be in place. They will also decide how quickly they should leave which measures should be in place. For instance, Alabama is currently moving into its second stage. All retail stores can reopen with certain measures in place but businesses, where close proximity is essential such as tattoo parlors, will remain closed for now. If you break the local rules, then you could face severe penalties. 

Keeping A Check On Regulation Changes

You do need to make sure that you are aware of changes to the law and regulations regarding both employees and the business environment as a whole. It’s likely that these are going to come through thick and fast over the next few months. That’s why it might be worth getting in touch with a legal advisor. They can advise you on your position here and ensure that you are not falling behind or forgetting about crucial developments. For instance, workplace rights have already begun to change in some areas with new developments in sick leave and what this could entail. You must make sure that your business is adhering to any and all new policies. 

Protecting Workers

Protecting Workers

Regardless of who you speak to, one message remains consistent. Social distancing measures will need to remain in place until at least the end of 2020 and potentially into 2021. This will largely depend on whether there is a second wave of virus and many individuals do expect this to be the case. As such, it will be crucial that businesses are taking measures to protect their customers and their employees. Currently, McDonald’s, KFC, and Burger King are preparing to reopen in some form. However, before they do this, they are working to ensure social distancing requirements are met. This is what all businesses should be thinking about right now. 

There is already guidance available as to how this could be completed including the use of PPE and screens. Furthermore, it is likely that there will need to be severe restrictions on the level of customers that can access business at any one time. 

We hope this helps you understand some of the key measures that your business will need to consider before you are ready to reopen. It is vital that no company contributes to the worsening of the economy. 

Primary Sidebar

Popular Articles

7 Ways to Organize Your Home & Money

7 Ways to Organize Your Home & Money

For many years I tried to get organized and stay organized. What I mean by getting organized is not … Read More about 7 Ways to Organize Your Home & Money

Planning and Utilizing Financial Strategies to Ensure a Secure Financial Future

Planning and Utilizing Financial Strategies to Ensure a Secure Financial Future

Everyone needs to be able to afford their basic needs. Being able to support yourself, your family, … Read More about Planning and Utilizing Financial Strategies to Ensure a Secure Financial Future

Is Going Full-On Digital Too Risky for Your Company

Is Going Full-On Digital Too Risky for Your Company?

Digital technology has revolutionized how businesses operate, and it's now almost impossible for … Read More about Is Going Full-On Digital Too Risky for Your Company?

Micro Investing Options Infographic

Micro Investing Apps: The Best Platform For 2023

What are micro-investing trends? Apps are powering micro-investing! Have you been wondering about … Read More about Micro Investing Apps: The Best Platform For 2023

The Price of Privledge: Anxious Teens With High Expectations Of Themselves

The Price of Privilege: Anxious Teens & Parental Pressure

Good Enough Is Great For Kids There is a famous quote by psychiatrist D.W. Winnicott: … Read More about The Price of Privilege: Anxious Teens & Parental Pressure

Footer

TOPICS

SAVE MONEY
INVEST MONEY
REDUCE DEBT
MAKE MONEY
FAMILY & MONEY
TAXES
START A BUSINESS
RETIREMENT

THE FORTUNATE INVESTOR

ABOUT US
ADVERTISE
CONTACT US

The Fortunate Investor focuses on personal finance topics to build wealth. Topics include saving money, investing, managing debt, family and money, taxes, making money, college planning, starting a business, coupons and retirement.

SOCIAL MEDIA

FACEBOOK
TWITTER
PINTEREST
YOUTUBE

Copyright © 2023 Fortunate Investor. All Rights Reserved. | Disclaimer & Disclosure | Privacy Policy | Terms of Service