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What are the coping strategies for the catering industry?
Actively resume work and production, create value through production, and minimize losses. Strive to open up sales channels, so that products can smoothly circulate to the market and obtain sales revenue.
Secondly, if the demand decreases due to the decline of the epidemic, it is necessary to innovate sales methods. If the food in the canteen is not good, it will be changed to take-out, and efforts will be made to tide over the difficulties. At the same time, reduce operating expenses, appropriately reduce production scale, and adapt to shrinking demand.
Finally, actively use the government's support policies, strive for tax relief and loan financing, and ensure that the cash flow of enterprises is not broken.
At this point, the epidemic not only ended in China, but also broke out around the world. On the one hand, the epidemic caused the suspension of production and business, and the income and cash flow were interrupted. On the other hand, the expenses such as rent, wages and interest were not reduced. Small and medium-sized enterprises with small scale and weak ability to resist risks will be devastated.
First of all, stop loss, suspend long-term investment that has been continuously invested before, quickly cut off loss-making projects, and realize some idle assets;
Secondly, we should reduce expenses, such as reducing reception expenses, negotiating with landlords to reduce rents, exchanging salary plans with employees, implementing the partnership system to replace current expenses with long-term interests, and advocating thrift.
Thirdly, we should broaden financial resources, broaden business ideas, expand business scope, seek cooperation in many ways, assess the situation, take the crisis as an opportunity, transform and upgrade, and adjust business strategies.
In short, we must face it positively. There are no eggs left under the nest. Everyone is the same. We should seek a turning point in the crisis, unite all forces, turn the pressure of survival into motivation, look for hope in despair, and believe that enterprises will struggle to the end in the future.
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