Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - June 12, 2020

June 12, 2020
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News. Insights. Analysis. Inspiration.

 

Today's Key Question:

Have you unfortunately experienced the death of a loved one, and need help finding their life insurance policies? The article below from Nerd Wallet could help you. 

Feel free to come to me for personal assistance.

  

"Three Actions CFOs Should Consider In Planning For Economic Uncertainty"

From Wealth Advisor:

* Uncertainty makes it difficult for business executives to plan, but companies cannot stop planning just because the outlook is uncertain. In some ways, it’s more important to plan so as to limit the number of variables outside your control. With that in mind, here are three actions chief financial officers should consider when planning for the rest of the year and beyond, regardless of how long the recovery takes. 

 

"How Reskilling Can Soften the Economic Blow of Covid-19"

From Harvard Business Review:

* Many governments have focused on providing special unemployment benefits to laid-off workers. However, few programs have tried to train and entice workers to switch over to understaffed sectors of the economy. To be sure, this approach is not a magic bullet — in the past months, consumer demand has dropped dramatically, meaning that some reductions in the workforce were inevitable, making unemployment assistance a necessity. Nonetheless, there has been a missed opportunity to help rebalance demand and supply for labor at a critical time, which could soften the blow for many workers.

  

"3 Supply Chain Mistakes Small Businesses Make

Good product business leaders understand all aspects of where crucial supplies come from."

From Inc.

* Building a business is a demanding endeavor. For small- to midsize-business (SMB) leaders, the list of responsibilities feels endless. The demands of building a high-performing brand, hiring the best talent, and rapidly expanding into new markets often preclude consideration of critical functions like supply chain. But as recent global events like the Covid-19 pandemic have highlighted, the supply chain is the foundation of any product business and must be a priority, rather than an afterthought. Without a clear picture of how suppliers operate, companies are vulnerable to unnecessary expenses, delays, and disruptions.

Here are the top three supply chain mistakes we see high-velocity brands make, and a few easy steps to help avoid them.

 

"How to Find a Lost Life Insurance Policy"

From Nerd Wallet:

* If you can’t find the life insurance policy of a deceased relative, you’ve probably checked the obvious places — desk drawers, file cabinets, maybe even under the mattress. Now it’s time to broaden the search. You’ll need to locate the name of the company that issued the policy in order to make a life insurance claim. Here are ways to find it.

 

Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here