Ways for Small Businesses to Survive Conflict Impacts
DHDhiyares – a month ago
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Economists advise proactive measures for Maldivian small businesses to mitigate economic impacts from Middle Eastern conflicts. Diversifying import sources, managing inventory strategically, and boosting local production are key survival strategies. Transparent and gradual price adjustments, alongside robust cash flow management, are also crucial for resilience. Businesses should also adapt to changing tourism demands and leverage digital tools for continuity.