Home Business How small businesses are innovating to survive the crisis

How small businesses are innovating to survive the crisis

by Chris Schroder
How small businesses are innovating

While many big companies had enough backup funds to survive the crisis, the majority had to rely on their intuition and innovation to make it through.

A lot of startups now have basic websites that enable online transactions that make the process not only safer for both the employees and the customers, but also allows them to get business from people they’ve never met.

Other companies didn’t just stop at changing some processes, they changed their entire business model and product to fit the new needs of the market.

It’s always the innovative and adaptive ones that survive such crises.

– Ramzi Al Abras, The Dubai 100

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