How Do You Effectively Deal With A Pandemic In Business?
The vending machine business is very laborious and requires a lot of energy.
This is a business that you have to keep everyone happy at all times, otherwise you are walking on a landmine.
I thought the vending machine is a very good semi passive business since it normally consists for numerous locations. The vending machine locations are categorized as follows:
- Repair Shops
- Community Centers
With the recent pandemic that caused a worldwide tremor on stock market, businesses, hotels and travel. All businesses are affected and is a domino effect.
Especially folks who are self employed get hit the most, since there is no immediate EI benefits. Let us say that I own a small restaurant in Robson St, Vancouver and I rely on tons of tourists, high profile locals, and regular patrons and then suddenly they all disappeared.
I do not think the government of Canada will help subsidize your rent. I also get affected if you completely rely on the income to pay your rent or mortgage and tax owing to CRA and suppliers on credit.
Everything is affected like a domino.
Here Comes COVID 19
The effect on business with a pandemic can be catastrophic. It is the topic of debate among scientists, government officials and those who work in health-related fields.
A pandemic disease can spread very quickly from one person to another. Before an individual contracts a virus that leads to disease, it could be passed on through other infected people or animals that they come into contact with.
This creates a perfect breeding ground for an infection to take hold. The fear of such an outbreak being used as a weapon is what makes certain people so protective of their own safety.
In the case of a human being, it would be nearly impossible to create a problem that can spread as quickly as this one. There are also more natural sources of disease.
For example, a pandemic virus can mutate and create a milder form of the illness. This would not pose a threat to the public.
However, it is the person who has it that poses a danger. So, how can a business deal with a pandemic?
Well, one of the ways would be to eliminate exposure to a pandemic virus.
The city of Vancouver have made sure that all people who congregate in an establishment should be closed for the time being and the rate of the infection rates are to be observed.
It is common sense that when the pandemic is nearing its plateau, the businesses will slowly go back. But the problem is how long can you stay alive without any income?
There are a number of ways to kill a pandemic virus, but none of them is quick or easy.
The best method would be to keep everyone in contact with everyone else completely immune to any type of the disease.
This means close contact is not allowed between those who might have been exposed.
Each time someone comes into contact with one of the pandemic strains they should take care.
Their immune system will make them more susceptible and another person will pass it on to them.
Those who work for a company that deals with humans in general should be well protected against such illnesses.
Social distancing is one of the best solution in slowing down the pandemic since the infection will definitely plateau and even out and after a period the virus will die down.
I guess it would be a better move if the government implements the separation of the elderly and young at public places and maybe offer a time just for the elderly seniors and a time frame for the rest of the population.
For me personally running various locations and most of them are closed and left with a handful will not be able to pay my rent or mortgage, work van loans, credit card bills and whatever monthly expenses.
Self employed individuals have no recourse but to stop all payments to creditors to stay afloat since this is an unnatural unfortunate event and this may last for 2 to 3 months!
I’m 100% that all other vending machine operators have the same faith as me and we just have to work all together and hope that this virus cases will not be increasing and nearing its plateau.
I guess with all the free time right now is to pursue some desires in taking some online courses that may enlighten and continue your learning.
It would be best to always keep oneself busy at this time of crises.
By the way if I have my way as a health minister or an authority figure, I would have taken some necessary steps in implementing the following:
Air Purifier with UV C germicidal lamp to kill viruses
Portable UV light to scan areas for killing viruses
It will take forever for me to write How To’s in the different technologies above on how to combat virus effectively but I guess it shows you that the above can be arsenals in protecting your business, property and especially your health!
Personally I keep myself healthy with an Infrared Heat Mat and Red Light Therapy.
For the moment let us just wait and see what will happen next.
By the way this might a good time to buy : Oil related stocks and Index Fund in the stock market, but the problem is where do I find the money to buy these ifs I’m running out of funds for my daily food and necessities?