About JMD

Tags

,

 

 

 

 

 

 

 

“Successfully scaling a business is all about doing the fundamentals and having the stamina to see it through”.

A proven record of accomplishment for getting results

J. Michael Dennis

Achieving guaranteed desired results is the name of my game

About me,

As an Ottawa University graduate, J. Michael Dennis specialized in Commercial and Business Law, concentrating on institutional regulatory compliance, corporate and public officer’s liability issues, collective agreements negotiations, corporate fiscal legislations and their impact on the business decision-making process.

Over the years, after the Union Carbide Bhopal disaster of December 1984, J. Michael Dennis specialized in public affairs and corporate communications, offering consulting services in the areas of personal, business and organizational planning, change and knowledge management, operational issues and conflicts resolution.

Today, focusing on trends and developments that are likely to have a major impact on the way we will live in the years ahead, as a Public Affairs & Communications Strategist, J. Michael Dennis concentrates on analyzing and providing to the public, valuable information and insight about all possible future developments in trends, technologies, lifestyles and global issues that will affect our tomorrow way of life.

Fluent in both English and French, with strong communication and people skills, with over 10 years progressive senior management experience in regulatory compliance, change and knowledge management, with responsibilities for leadership and direction, strategic business planning, fiscal accountability / sustainability and human resource management in the private, corporate and public sector, both in unionized and non-unionized environments, J. Michael Dennis can certainly assist you in providing systemic strategic direction in each and every aspect of your operations.

Having highly developed analytical and business planning skills, with a proven track record, designing and offering most innovative and creative frameworks for implementation steps toward achieving guaranteed desired results is the name of my game.

Michel Ouellette JMD, ll.l, ll.m.
Systemic Strategic Planning / Crisis & Reputation Management

 

JMD Systemics
Systemic Strategic Planning / Crisis & Reputation Management
Skype:jmdlive

 

Michel is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

JMD Systemics is here to help.

Book Your “FREE” Covid-19 Online Consultation Now

What Small Businesses Should Do Today to Survive the Coronavirus

Tags

,

Get all the money available you can get to invest in your future

The coronavirus pandemic has thrust the world into a very challenging and unprecedented economic period. Most businesses, especially small businesses have been negatively impacted and millions are in peril. Every small business owner is justified in their concern for the next few months.

Nonetheless, it is important to remember that we are dealing with a global pandemic like no living person has ever experienced, which has caused an economic crisis, the abruptness of which no living person has ever seen.

Indeed, these are unprecedented circumstances, and small businesses should allow the government to blend their significant financial resources with our organic financial strength to help businesses deal with this emergency period.

Specifically, this includes cash infusion for essentially every small business, from employers to independent contractors to the gig economy folks, who will receive the emergency funds being allocated.

Here is an update on what is available and what you should do right now, today.

Do this first

Go to Canada.ca or SBA.gov and look for the click associated with the Coronavirus Business Assistance Plan. See if you are admissible and sign up for the emergency cash that may be available to you.

Do this next

Contact your banker and begin the process.

Apparently, the bank will be paid interest and some fees, ultimately covered by the government, not you. Your bankers will most likely tell you to go to their website and complete the enrollment form and to provide specific required documentation to them. You will then be asked to sign a loan document.

Be thorough with the forms and then be patient, because unprecedented actions beget bumpy execution. Your bank is being deluged with requests for these funds.

One last word

For decades I have encouraged small business owners to do business with a community bank. In good times and bad times, community banks are always a small business’s best friend.

Believe in yourself: Surviving is winning!

This, too, will pass.

Michel Ouellette, ll.l, ll.m
Business Growth Strategist

JMD Systemics
Systemic Strategic Planning / Crisis & Reputation Management
Skype:jmdlive

 

Michel Ouellette /  Joseph Michael Dennis, is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

JMD Systemics is here to help.

Book Your “FREE” Covid-19 Online Consultation Now

 

You Are a Customer or a Business! Don’t Let the Coronavirus Kill You: Go Online Now!

Tags

,

With prices ranging from $900.00 to $3600.00 you can definitely afford to go online and reshape the way you do business.

“E-Commerce, Working Remotely from Home and Shopping Online are trends that are here to stay and last”

Get on board now!

These challenging times brought about by the Covid-19 coronavirus are affecting the very foundation of the workforce and changing the landscape of work and the way we do business as we know it.

As many businesses shift the majority of their efforts online, individuals and companies alike are coming up with resourceful solutions to meet emerging market needs. E-commerce trends are reshaping online shopping and the way we do business.

Whether you are taking your business online for the first time or looking to reinforce your existing online presence, I can help you and your employees manage and grow your business, even from within your and their home.

E-Commerce and Shopping Online are here to stay

Like it or not, if you are not online, you are losing money now and will be losing money in the aftermath of the coronavirus pandemic.

Even the more resilient advocating against and resisting E-commerce are now shopping online or doing business online.

For the consumer, it is convenient and for the business owners, they are paid in full immediately as the product or service is ordered thus improving their cash flow.

Because so many people that use to walk in your store now realized how convenient it is to order online, as a business owner, do not expect them to walk back in your store after the pandemic. For most of these customers, they will keep on buying online and, if you are not doing business on the web, they will definitely not be buying from you or retaining your services.

Again, e-commerce and shopping online is here to stay and if you are not taking advantage of the situation, you are not only losing money now, you will still be losing money in the aftermath of the coronavirus pandemic.

“You want your business to survive and thrive! You have to go online now.”

 

How much will that cost?

A lot less than the money you are losing now and will be losing in the aftermath of the coronavirus if you are not investing in your future now!

Ask yourself:

Compare to the price I would have to pay to go online, what would be the cost of not doing it?”

 

You do not have to spend tons of money to do it. This could be done and, with prices ranging from $900.00 to $3600.00, I can do it for you at a fraction of the cost that you would normally expect to pay.

Yes indeed, for you, I can take your business to the next level, take your business online; manage your online business and, by creating and sharing your online content, empower your online community.

Everything at a very reasonable and competitive price.

Michel Ouellette, ll.l, ll.m
Business Growth Strategist

JMD Systemics
Systemic Strategic Planning / Crisis & Reputation Management
Skype:jmdlive

 

Michel Ouellette /  Joseph Michael Dennis, is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

JMD Systemics is here to help.

Book Your “FREE” Covid-19 Online Consultation Now

 

Coronavirus: A Small-Business Survival Plan

Tags

,

“Working remotely and shopping online is here to stay”

For most small businesses, businesses with less than 100 employees, it is safe to say that the current Coronavirus crisis is like none other faced by small business owners in the recent past.

Regrettably, the predominant voices we hear these days are not offering a lot of specific steps to take or advice on how to survive the pandemic and save your business.

Here is what is to be done:

First Thing First: Proceed to an immediate financial triage

Your first concern, at least initially, shall be to figure out how you are going to pay your bills this week, next week, the weeks after and how long will this last. Here are some important steps to take on the financial front right now:

  • Create a cash-flow budget listing with fixed versus variable costs: Fixed costs are these costs that will keep your doors open. One way or the other, they must be paid. Create a list of priorities about which ones are most important and try to set money aside based on the timing of when they are due.
  • See how you can cut in unnecessary costs: These are the costs that are not producing revenue or securing key business functions.
  • See if you can reduce your payroll: Consider possible layoffs, terminations or furloughs of employees. Doing so, make sure to remember, your employees can be one of your greatest assets, and if you cut too deep, you may not get them back thus, creating even more costs to replace them. Furloughs are much more preferable to layoffs or terminations. Furloughs can be a variety of things tailored to your situation. It may employees working at a reduced rate, employees not working at all and staying home, employees being paid a minimal amount, or that will be paid fully at some point in the future. Whatever you do, do not ask employees to work for free: This would be highly unethical and you will most certainly have to face legal problems later on.
  • Find additional financial resources and sources of revenue: Be creative in your marketing approach. Consider any savings or resources, including possible loans.

Tax payments

Taxpayers have an unprecedented tax payment extension. However, as a small business owner, you might be able to find some extra money by filing your taxes now. For most small businesses, there is a good chance they could be untitled to a refund.

Government Assistance Loans

The Federal has authorized loans to small business owners. These are mean to be used for business debt, covering payroll, costs to operate the business. Prima facie, this may seem like a safe or logical choice. However, just remember this is still a loan.

If your business is already barely getting by, unless you have a pretty good creative and innovative crisis management plan in mind, it may not be the time to do into more debt.

Paying debts does not generate any income. If the only reason you have to take a loan is to pay debts, maybe it would be a better idea to close your doors entirely; Your business will definitely not survive the Coronavirus.

There are alternatives and I am here to help you.

COVID-19 Policies

You are still in business! Be clear with your employees regarding your specific policies within the business and safety protocol regarding the virus.

Be flexible on sick leave that employees want to take, and try to reduce areas of the company with groups of more than 10 employees. Cancel large events and use conference calls and webcams to communicate when possible.

Following all federal, state, provincial and local government directives and looking out for the safety of your employees and customers, although a pain in the …, is appreciated and will be appreciated in the long run.

Showing Leadership

Employee retention and satisfaction issues is not all about cutting costs. It is important for business owners to show leadership. As a small business owner, set the tone, be the calm in the storm. Pay attention to your employees’ concerns and adapt.

Do not plan too far out. Things are changing fast and often. There will be setbacks. Plan for the next few weeks, then the next month. While these plans will change, there are still a few specific ideas or steps to consider with your team:

  • If you have employees, make sure they are assured about being protected. You want to retain the key people who drive your business.
  • Make sure your employees know to not come to work sick and that you are being generous with sick leave at this time.
  • Focus on your key people and get rid of the deadwood. This is an unique opportunity.
  • Make a talent assessment in your company on who is valuable and how your business will be different if this person is not working for you next week.
  • Do not get stuck in decisions you made last week or the week before. Be willing to adapt to the situation and revise your plans accordingly. Whatever you decide to do today, just remember that you may have to live with these changes once the crisis is over.

Marketing and Sales

If you are open for business, make sure your customers know that and how to interact with you. Make sure to communicate clearly and consistently with your customers. . Use your social media presence to keep your customers up to date. Make it easy for them to purchase your product and services

If you typically do not use social media, it is now time to do it. If you are not already doing so, implement a newsletter or series of emails to your customers. Have a webstore window. Be creative. Find new opportunities to market and sell your products and services. Consider new ways to deliver your service or product.

Now is a good time to focus on your existing customers, provide excellent service, make sure you retain your important relationships.

Offer discounts if necessary and think outside the box.

Operations, Research and Development, Product and Service Improvements

Things being slow, this is the ideal time to tackle those projects you have been putting off. Do not waste it on Netflix or getting sucked into the never-ending news coverage. Instead, invest this time in improving products, services and finding efficiencies.

Use this time to improve your processes and efficiencies, improve products and services or make the changes you have been meaning to do over the past few years or months. Come out of the storm stronger and have a better product or service.

Conduct training in your company or get training yourself in areas you know will improve your company. If you know you are weak on social media marketing, or accounting and budgeting, IT, or a niche thing in your business category that could drive your business, invest your time into this.

Get your team doing the same.

Remote Work and Technology

Many small businesses are having employees work remotely for the first time. If you are ne at it, make sure you set the expectations for those working remotely. Implement a work-from-home agreement in writing with your employees and have them sign it.

Set-forth expectations and implement a procedure for a weekly productivity report to be completed each day and then summarized by the week so that employees are tracking their workloads, customer interaction, and projects. You can also include in this agreement terms for reduction in pay if necessary based on productively or sales.

For most businesses, not everything can be remote. Assess what functions can be done remotely and what must be completed in the office. Try to get as many people as possible to work remotely but realize it is probably not possible for all, depending on job function, employee skill, family situation at home of the employee.

Finally, as an investment in and for the future, increase your level of technology as quickly and as affordably as possible.

Working remotely and shopping online is here to stay.

Assess Your Business’s 2020 Strategic Plan.

If you did not make a Strategic Plan for this year, it is time to make one now. If you have one, there is no better time to make modifications.

Start on projects that have been on your wish list and revaluate your objectives for the year. Adjust the plan and outlook for 2020 as you know more about your business.

Learn, Be Charitable and Show Humanity

For most of us, we are all learning a lot about how we could have better prepared for this disaster. For many of us, this is a wakeup call: Nature is getting back at us! Only the strongest and fittest will survive.

Start taking notes and do not return to the status quo when this is all over.

  • Have a financial reserve or savings account for your business that could help in times of need or disaster.
  • Have a personal financial reserve of a few months of living costs.
  • Build a small food storage at the least. Maybe a few months’ worth of household goods, such as toilet paper, soap, feminine products, laundry soap, etc. Do your best with the resources and space you may have.
  • Consider new revenue sources and small diversifying your business.
  • Finally, try to serve and help those in your community.

The more you help others worse off than you, the better you will feel. People you help today will remember.

This is good investment of your time and money.

Whatever you do, don’t be a Sorry Ass!

Michel Ouellette, ll.l, ll.m
Business Growth Strategist

JMD Systemics
Systemic Strategic Planning / Crisis & Reputation Management
Skype:jmdlive

 

Michel Ouellette /  Joseph Michael Dennis, is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

JMD Systemics is here to help.

Book Your “FREE” Covid-19 Online Consultation Now

 

Coronavirus Crisis: Four Ways Small Business Can Survive the Threat

Tags

, ,

Stop Stressing!

The sudden outbreak and rapid spread of coronavirus across countries has thrown the world into a frenzy. Our businesses are being put to the test.

Most business owners are seeing an immediate impact on their business. Smaller businesses, are in a holding pattern. As a small business owner during the coronavirus pandemic you now face the true test of being able to operate and adapt to a rapidly changing situation.

While future developments are still unclear, businesses have to take a proactive approach to disaster response right now. No matter what products or services you offer or what industry you are in, your business will have financial ups and downs at some point. As a small business owner during the coronavirus pandemic you now face the true test of being able to operate and adapt to a rapidly changing situation.

The most important thing is: not to panic

Reach out to your banker for help. Look at this as a way to weather the downturn and also position your business for greater profitability in the future and or look to change how you do business.

Here are my suggestions:

Be quick and flexible: Whether it is utilizing technology to connect with clients as an alternative or reworking your employee reporting plan, it is critical to be flexible in order to operate your business. At JMD Systemics, we are encouraging solutions such as video conferencing and going online.

Come up with creative solutions: Does much of your business depend on face to face encounters or transactions? Consider alternatives based on the materials and talent that you have. Go online, go on Skype with customers and have them call in an order, offer curbside pickup or free shipping.

Differentiate your business from the competition: Use this downtime to understand your biggest competitors. Learn from their strengths and weaknesses. Poll your customers and learn what their needs are given the uncertain environment. Then consider how you can meet their needs.

Check your cash flow: Any good small business owner should be projecting cash requirements three to six months ahead. Could the uncertainty of coronavirus result in a liquidity issue for you? Make sure your spending and accounts receivable are in line.  Have proactive conversations with your bank to determine a short-term solution.

Hopefully, these uncertain times will pass sooner rather than later. No one is saying these times are easy, but preparedness is the key to continued success and, JMD Systemics is here to help you.

Michel Ouellette, ll.l, ll.m
Business Growth Strategist

JMD Systemics
Systemic Strategic Planning / Crisis & Reputation Management
Skype:jmdlive

 

Michel Ouellette /  Joseph Michael Dennis, is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

JMD Systemics is here to help.

Book Your “FREE” Covid-19 Online Consultation Now

 

The coronavirus: A Very Good Thing for Small Businesses!

Tags

,

It’s not just the coronavirus. It’s Darwinism.

Most small business owners should be grateful for the coronavirus.

Does it sound crazy? I don’t think so.

In fact, the ultimate outcome of this very bad experience will be a very good thing for all businesses, big and small. At some point in time, the virus will have run its course and things will get back to normal. The markets, and the economy, will recover and many business owners, because of the 2020 coronavirus experience, will run their business in a smarter way, a much smarter way.

How so?

For starter: They would have listened to my advice!

After years of pushback, businesses will finally embrace remote working as a productive and viable way to manage their workforce.

Employers who have long resisted the change, not having any other choice, are now reconsidering their positions and allowing their employees to work from home.

And what will be the result?

Those same managers who long resisted the change are now kicking themselves for not having done this ten years ago. They now realized that as long as the approach is balanced, every business can allow most of their employees to have some form of remote working arrangement. They now realized that the technology is mature, that people can be trusted and the work is getting done. So, thanks to the coronavirus for finally helping them to realize this.

The coronavirus is now teaching business owners another valuable lesson: If you hope to become a long-term success, diversification is critical. Relying on a single overseas supplier for their company’s or business’s products is a very bad idea. And there is a reason for that and the coronavirus underscores it: Sure, those products are cheaper; but what if something interrupts your supply? Who do you turn to next?

Lastly, thanks also coronavirus, for reminding us of the biggest lesson of all: “Cash is King” and “The Good Times” never last.

The smartest business owners I know today who navigated themselves through the last economic downturn will all tell univocally why they survived: they listened to my advice, they cut down their costs, they experimented with new products and new technologies, they diversified and downsized unnecessary staff, they went online and, at the end of the day, they had cash.

Cash is King

When you have cash in the bank you make smarter decisions and better investments. You negotiating from a stronger financial position. You are able to deal with economic challenges and uncertainties and recessions.

Just watch and you will sadly see a number of small businesses shut their doors in the coming year due to the economic slowdown caused by the coronavirus. However, some will remain: the ones that listened to my advice, the fittest, those who had and still have cash in the bank.

The coronavirus is not only about economy and businesses survivalists, it is also about human lives losses. many more people will get sick, and even die, in the months ahead. There will be hardships. But above all, the coronavirus pandemic will help many businesses, and particularly small business owners, to be smarter about the fundamental things they need to do operate their companies through both good and challenging times.

It’s not just the coronavirus. It’s Darwinism.

Michel Ouellette, ll.l, ll.m
Business Growth Strategist

 

I Get Things Done And You Get Your Time back.

JMD

Want to learn more?

Contact us today

JMD Systemics
Systemic Strategic Planning / Crisis & Reputation Management
Skype:jmdlive

 

Michel Ouellette /  Joseph Michael Dennis, is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

JMD Systemics is here to help.

Book Your “FREE” Covid-19 Online Consultation Now

 

The Right Way to Help Small Businesses During The Covid-19 Pandemic

Tags

,

To survive and thrive, it is time for the small business owners to change the way they do business. If you are not online, you are not making any money.

While we all know that keeping small businesses afloat is the key to keeping the coming recession as shallow as possible, all over the world, small business economy is in a state of deep crisis. Everyday, we are hearing story after story of small business owners unable to get loans or worried the processing time will take too long to keep their businesses running.

And there are these horror stories: The owner of a pizzeria telling us he would like to keep his employees on the job but was refused a loan through the the governmental program by his bank because it had little financial incentive to participate; another small business supporting nonprofits being refused a loan because it did not have a current loan with that bank and so on.

In North America, the smallest businesses most in need, particularly those in immigrant communities and communities of color, are being frozen out by bigger businesses, especially those with established bank relationships. What is even worst, banks are complaining, too. They worry about legal liability as expectations mount to make loans quickly and counteract fraud.

Yes, times are tough, but let’s not pretend it is anything like 1929. Hundreds of thousands of people and businesses went bankrupt during the Great Depression. Almost everyone was hungry much of the time. It was a nightmare in people’s lives that lasted for over ten years.

In North America, businesses are largely being directed to take on more debt to cover the bills,  a daunting prospect when mandated industry closings and physical distancing guidelines show no sign of easing. Furthermore, there is a huge number of businesses that do not want to take on additional debt at this time. Many business owners are unsure whether they are to survive or ever going to reopen.”

While the global crisis over the coronavirus has resulted in governments deliberately shutting down much of their economy and throwing millions of people out of work, there is still hope for the small businesses showing creativity. For these small business owners showing creativity and initiative, the coronavirus crisis represents nothing else than a business opportunity, an open door to the future, a new way to do business.

If today and tomorrow you are not online, you are not and will not be making money. You are now, and in the aftermath of the coronavirus crisis, losing and will be losing money.

JMD Systemics is here to help you.

Michel Ouellette, ll.l, ll.m
Business Growth Strategist
JMD Systemics
Systemic Strategic Planning / Crisis & Reputation Management
Skype:jmdlive

 

Michel Ouellette /  Joseph Michael Dennis,is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.

Book Your “FREE” Covid-19 Online Consultation Now

Covid-19: Time For You To Change The Way You Do Business!

Tags

, , ,

For most small businesses, if they are to survive the coronavirus and its aftermath, it is time to change the way they do business.

The coronavirus pandemic has pushed the economy into a slowdown of unknown severity. It could be a long, drawn-out recession, or a sharp dip followed by a swift recovery. Investors are already anticipating several epicenters of economic pain. Oil companies, airlines, hotels, restaurants, retailers and automakers will report steep losses and issue forecasts for the coming months.

It is no surprise that the virtual lock-down of large swaths of the  worldwide population has delivered a big blow to the economy, which is driven by consumer spending. But investors are intensely interested in whether traditional businesses will be able to survive and adapt to potentially huge changes in consumers’ spending priorities.

In industries that are seriously hammered by the outbreak, some might do better than others. In the restaurant industry, for example, some chains are more likely to thrive when most diners are not leaving home much or at all. Chains with an established takeout and delivery business, such as Domino’s and Papa John’s, are growing fast with the help of online ordering, while other fast-food companies that are heavily dependent on business from commuters might struggle.

The same may be said for all businesses large or small, from Amazon to the small corner business with an established E-Commerce Online Store Set Up. These businesses  are and will be still growing fast in the aftermath of the coronavirus with the help on their online ordering service. Most other traditional businesses that are heavily relying and dependent on business from commuters are already struggling and some are most likely not to survive.

You are a small business and you want to survive! You want to thrive in the aftermath of the pandemic and you do not have and E-commerce Online Store! Maybe it is time for you to consider the need to change how you do business.

Michel Ouellette, ll.l, ll.m
Business Growth Strategist
JMD Systemics
Systemic Strategic Planning / Crisis & Reputation Management
Skype: jmdlive
Michel Ouellette /  Joseph Michael Dennis,is a former attorney, a Trial Scientist, a Crisis & Reputation Management Expert, a Public Affairs & Corporate Communications Specialist, a Warrior for Common Sense and Free Speech.
JMD Systemics is her to help.

Surviving The COVID-19 Crisis and Its Aftermath

Tags

, , ,

Is the Coronavirus Killing Off Cash?

Tech firms see the opportunity they have been waiting for as shoppers and business recoil from paper money. Who’s hurt when legal tender goes away?

From the beginning of the Coronavirus outbreak, stores and businesses were shuttering all over the World and many of those that were still open were balking at cash. Shoppers were switching orders to Amazon and Walmart.com. Many stores and businesses that have stayed open would not take cash requiring customers to pay either by debit or credit cards or paying first online. What once seemed like the oldest, most reliable way of paying suddenly seems a thing of the past.

The Coronavirus crisis drove businesses and people to prefer credit and debit payments to cash; a shift that is here to last. Digital payments are quick, clean and easy and that shift is now representing a huge opportunity for all retail and services businesses around the world. People did learn from their Coronavirus experience and, for many, this means no longer walking in a store or and office.

For years, I have been pushing toward a more virtual, less cash-based business and payments system, and pressing businesses and business owners to go online to free them from the uncertainty of being paid for their products or services and increase their sales and cash flow tenfold. The Coronavirus crisis is now providing me with one more argument to justify that business model: Due to the coronavirus crisis, people that resisted to shop online are now realizing how easy, economical and efficient it could be.

The only people I know that would not benefit from such a transition are the older and poorer people that tend to be more reliant on paper money either for lack of tech savvy, out of habit or because they do not participate in the formal banking system, the poorer and vulnerable people that do not have access to banks or credit cards.

You want to help these people!

For the duration of the pandemic, give them your products and provide them with your services free of charge. Donate to them directly, personally, the same way you donate to your preferred church or charity. This is good business. These people will be very grateful and let other people know about what you have done for them. Just do not forget to deduct these “promotional expenses” from your taxable income.

Some other people will still resist going online or using their credit card because they think that how they spend their money is nobody’s business, especially the taxation officer. Just take their money and put it in your left pocket. This is still good business. Just do not provide them with a receipt.

Money habits can be hard to break

The Covid-19 pandemic, has forced every one of us to change our spending habits almost overnight. It took years for ATMs to replace visits to human bank tellers. Now this is common ground. After resisting the move for years, many businesses started accepting credit cards and online payments either through their website or bank transfer. This shift in behavior is here to stay and for most businesses, it is now the right time to integrate in their business model infrastructure to support mobile banking and digital payments.

For others, the Coronavirus crisis is the rightful and legitimate occasion to turn their operations and business into fully cashless environments, that kind of economy, that long-held dream that I have been promoting for years. It is much, much faster to send money via the internet than to mail a check. It is much, much faster to get paid via the internet than waiting for the check in the mail.

For the duration of the Coronavirus crisis and its aftermath, I am here to help. Tell me how the pandemic impacted your business and lets see what we can do about it.

Meantime. stay safe.

JMD

Michel Ouellette, ll.l, ll.m

Business Growth Strategist

JMD Systemics

Systemic Strategic Planning / Crisis & Reputation Management

Skype: jmdlive

Web: http://www.jmdsystemics.com

JMD Systemics Is Here To Help

Ask for your Covid-19 “FREE” 30 Minutes Consultation Now

CORONAVIRUS INSIGHTS & UPDATES, APRIL 27, 2020

Tags

, , , ,

In the interests of public health and safety, our coronavirus news articles and this newsletter are free for anyone to access. If you are already a subscriber, thank you for your support. – JMD

April 27, 2020

Unprecedented restrictions on businesses due to the coronavirus pandemic have resulted in a record 26.5 million Americans filing for unemployment benefits since mid-March. The White House sees this month’s jobless rate hitting 16 per cent or higher.

In Canada, at least 46,644 cases have been reported, more than double the number from 16 days ago. There have been 17,243 recoveries and 2,560 deaths. Health officials have administered 729,744 tests.

Around the world: 2,948,654 cases confirmed with 860,762 recoveries and 205,610 deaths reported.

As financial institutions emerge from several intense weeks of launching emergency relief programs, a realization is growing that businesses will need less burdensome, more patient forms of funding to stay afloat.

JMD

Michel Ouellette, ll.l, ll.m

Business Growth Strategist

JMD Systemics

Systemic Strategic Planning / Crisis & Reputation Management

Skype: jmdlive

Web: http://www.jmdsystemics.com

JMD Systemics Is Here To Help

Ask for your “FREE” 30 Minutes Consultation Now