2020 has been a year of surprises. For businesses, the disparity is glaring: it’s either you’ve lost demand for your products and services or demand has never been better for essential goods that include food and beverage, medical supplies and equipment, and personal care and hygiene items. But for small and medium enterprises (SMEs) in these essential industries, it’s been a coronavirus disease 2019 (Covid-19) season of numerous cash flow spikes caused by high and fast demand. Despite the stress it causes, small business owners have to remind themselves that it’s a good thing.
For those in the transport and logistics industry, the typical two-month seasonal spikes have taken on new meaning. For one, hospitals are placing regular bulk orders for medical supplies and equipment. Supermarket traders and manufacturers are most likely calling your business sporadically, as well for sudden bulk orders from their retail clients.