siliconindia | | October 20208A part from im-pacting the public health system, the ongoing pandemic situation has led to significant economic problems, forcing small and large business enterprises to rethink the way they operate. People across the country are limit-ing their movement, and with restrictions for public gathering to contain the spread of the coronavirus, the supply chains and cash flows have witnessed an extensive disrup-tion. Many small businesses are get-ting closed permanently due to the irreparable damage caused by the pandemic outbreak.During this crisis, we have seen businesses laying off their staff and allow employees to work remotely from home. Thanks to the latest technological innovations and the internet, organizations were able to transition smoothly into the remote work culture. Small businesses are also struggling with the burden of repayment of loans and interest pay-ments. Some of the troubling issues that small and medium-sized enter-prises are facing include liquidity crunch, decline in demand, lack of funding, and a general sense of un-certainty over when things would go back to normal.By Mr. Kapil Rana, Founder and Chairman, HostBooks LimitedIN MYOPINIONHOW DIGITAL TRANSFORMATION ENABLES SMALL BUSINESSES TO DEAL WITH THE PANDEMIC?Kapil is a young, dynamic, visionary who is a seasoned entrepreneur with strong business acumen and a solid background in strategic management, finance, Law and Information Technology. He is a qualified CPA (Ireland) and Fellow Chartered Accountant (India), a first-class management and law graduate, holds a diploma in Information System Audit. A key learner, Kapil keeps rekindling the fire of knowledge. He has dedicated his life to continue pursuing more studies because he firmly believes a business is only as strong as the people behind it. He is currently pursuing his doctorate (PhD) in Business Administration from AIMA-AMU.By Mr. Kapil Rana, Founder and Chairman
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