Errol McClelland, founder of TurmeriX.
Tue 31 March 2020 – 7:13 am
Expanding internationally always has risks but developing a business during a global pandemic is not usually a central part of a risk management strategy.
The global nature of the COVID-19 outbreak has given international businesses an unprecedented challenge, one that requires diversification and resilience.
Here are a few ways you can mitigate the pandemic risk if you’re globally exposed.
Secure your supply lines
If you’re importing and/or exporting product, make sure you’re on top of your supply lines, both in terms of securing the inputs you need to create your product and the logistics to move stock around the world.
TurmeriX is a health supplement and we source