{"id":714,"date":"2020-04-12T11:23:25","date_gmt":"2020-04-12T03:23:25","guid":{"rendered":"https:\/\/www.theoriginsolution.com\/blog\/?p=714"},"modified":"2023-05-26T15:19:15","modified_gmt":"2023-05-26T07:19:15","slug":"how-malaysian-small-businesses-survive-through-covid-19","status":"publish","type":"post","link":"https:\/\/www.theoriginsolution.com\/blog\/how-malaysian-small-businesses-survive-through-covid-19\/","title":{"rendered":"How Malaysian SMEs Can Survive Through Covid-19"},"content":{"rendered":"\r\n\r\n\r\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\r\n<p>Many Malaysian SMEs have been facing fear and uncertainty due to the global pandemic of COVID-19.<\/p>\r\n<\/blockquote>\r\n\r\n\r\n\r\n<p>Believe it or not, because of such drastic changes, the <strong>impact of covid-19 on small businesses<\/strong> is severe.<\/p>\r\n\r\n\r\n\r\n<p>Small and medium businesses in Malaysia are victims of this. Like headless chickens, they are all fearing for the sake of their business.<\/p>\r\n\r\n<p><!--more--><\/p>\r\n\r\n<p>So if your business is suffering, here\u2019s exactly how you can ensure your business stays afloat.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">How to Run a Business During Covid-19<\/h2>\r\n<h2>1. Malaysian SMEs Must Maximize Remote Work<\/h2>\r\n\r\n\r\n\r\n<p>Working from home can be dire. Especially for businesses that require a lot of handiwork.<\/p>\r\n\r\n\r\n\r\n<p>Keeping in touch with colleagues is a challenge in itself. As the boss, you should utilize any possible relevant resources so everyone can keep working productively.<\/p>\r\n\r\n\r\n\r\n<p>Remote work resources to help your <strong>business during covid-19<\/strong>:<\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><a style=\"color: #ed3300;\" href=\"http:\/\/zoom.us\/\" target=\"_blank\" rel=\"noopener noreferrer\">Zoom<\/a><\/li>\r\n<li><a style=\"color: #ed3300;\" href=\"https:\/\/www.bluejeans.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"> BlueJeans<\/a><\/li>\r\n<li><a style=\"color: #ed3300;\" href=\"https:\/\/teams.microsoft.com\/Start\" target=\"_blank\" rel=\"noopener noreferrer\">Microsoft Teams<\/a><\/li>\r\n<li><a style=\"color: #ed3300;\" href=\"https:\/\/www.webex.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Webex<\/a><\/li>\r\n<li>Free Online Tools<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">2. Avoid In-person Meetings<\/h2>\r\n\r\n\r\n\r\n<p>Social distance is of vital importance in this trying time so avoid any risks that can lead to virus exposure.<\/p>\r\n\r\n\r\n\r\n<p>Any team meetings should either be postponed or virtually held to minimize the possible spread of the deadly virus.<\/p>\r\n\r\n\r\n\r\n<p>The same should be applied to any pre-planned meetings with clients\/customers. If either your workers or clients fall sick, you could have a legal issue on your hands.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">3. Workable Flexibility for Malaysian SMEs<\/h2>\r\n\r\n\r\n\r\n<p>To counter the spread of the virus, the government has taken action to close all non-essential brick and mortar businesses, even schools.<\/p>\r\n\r\n\r\n\r\n<p>As we\u2019re nearing the possibility of a total lockdown, workers need flexible hours to work with their new schedule.<\/p>\r\n\r\n\r\n\r\n<p>Some employees may have to work around childcare since all daycare establishments must close.<\/p>\r\n\r\n\r\n\r\n<p>They need employers who are understanding and empathetic towards their situation.<\/p>\r\n\r\n\r\n\r\n<p>It\u2019s also added assurance if you prepare a contingency plan in case you suddenly become short-staffed.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">4. Be Transparent<\/h2>\r\n\r\n\r\n\r\n<p>We all know how the pandemic affects everyone. Your clients and customers are more understanding of this than you think.<\/p>\r\n\r\n\r\n\r\n<p>They value honesty, especially from businesses they are loyal to. So be transparent with them, tell them what your business is going through.<\/p>\r\n\r\n\r\n\r\n<p>Let them know an alternative means for them to buy your products or services and the steps you are taking to help them manage.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">5. Practice Good Hygiene<\/h2>\r\n\r\n\r\n\r\n<p>If your <strong>business during pandemic<\/strong> is under essential organizations, ensure you and your employees follow the <a style=\"color: #ed3300;\" href=\"http:\/\/www.moh.gov.my\/moh\/resources\/Penerbitan\/Garis%20Panduan\/COVID19\/Annex_25_COVID_guide_for_workplaces_22032020.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">safety practices that have been set by the Ministry of Health.<\/a><\/p>\r\n\r\n\r\n\r\n<p>Some of them include no contact greetings, sanitize regularly, disinfect surfaces, and always check everyone\u2019s temperature before entering the workspace.<\/p>\r\n\r\n\r\n\r\n<p>Be proactive about cleanliness and urge your employees to do the same.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">6. Malaysian SMEs Should Go Online<\/h2>\r\n\r\n\r\n\r\n<p>Other countries have seen an example of the <strong>businesses affected by covid-19<\/strong> in China. There was only one place to go for brick and mortar stores, online.<\/p>\r\n\r\n\r\n\r\n<p>Virtually engage with your customers to increase online sales. They are also looking for another way to access your services and products.<\/p>\r\n\r\n\r\n\r\n<p>Some businesses are lucky enough to already have online stores. So make good use of it.<\/p>\r\n\r\n\r\n\r\n<p>Your sales team is left with no job since your store has temporarily closed down. It\u2019s best you delegate online tasks to your fellow workers so they can work from home while generating leads.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">7. Financial Relief for Malaysian SMEs<\/h2>\r\n\r\n\r\n\r\n<p>Bank Negara Malaysia (BNM) has taken the initiative to cushion the blow on COVID-19 for Malaysian SMEs across the nation.<\/p>\r\n\r\n\r\n\r\n<p>They have increased their allocation of facilities to up to RM13.1 billion so SMEs can peacefully maintain their business operations and most importantly, preserve jobs.<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-group\">\r\n<div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\r\n<p>Read the full press release: <a style=\"color: #ed3300;\" href=\"https:\/\/www.bnm.gov.my\/index.php?ch=en_press&amp;pg=en_press&amp;ac=5022&amp;lang=en\" target=\"_blank\" rel=\"noopener noreferrer\">Additional Measures to Further Support SMEs and Individuals Affected by the COVID-19 Outbreak<\/a><\/p>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">8. Long Term Plan<\/h2>\r\n\r\n\r\n\r\n<p>Other countries such as China may be starting to recover their nation\u2019s economy, but we have not seen the end of the coronavirus throughout the world.<\/p>\r\n\r\n\r\n\r\n<p>There\u2019s still a risk of the virus spreading and we may never know the possibility of another pandemic similar to its effect. Be prepared!<\/p>\r\n\r\n\r\n\r\n<p>Plan safeguard measures with your partners, suppliers, and investors regularly so you can survive the horrid COVID-19 and its aftermath. Hence, this can be your safe line if you&#8217;re a <strong>struggling business during Covid<\/strong>.<\/p>\r\n<hr \/>\r\n\r\n\r\n<h2 class=\"wp-block-heading\">\u00a0Ways Malaysian SMEs can Survive Through COVID-19<\/h2>\r\n\r\n\r\n\r\n<blockquote>Emergency planning is necessary for your business during Covid lockdown.<\/blockquote>\r\n\r\n\r\n\r\n<p>The COVID-19 will certainly pass as the Ebola, Zika, and Severe Acute Respiratory Syndrome (SARS) viruses have previously.<\/p>\r\n\r\n\r\n\r\n<p>However, they are unforeseen, but being vaccinated is one step to combat it. We recommend you follow these tips so you can survive the next possible outbreak.<\/p>\r\n<p>More tips: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.theoriginsolution.com\/blog\/how-can-malaysian-smes-cope-during-covid-19\/\" target=\"_blank\" rel=\"noopener noreferrer\">How can Malaysian SMEs Cope During Covid-19<\/a><\/span><\/p>\r\n\r\n\r\n\r\n<div class=\"su-divider su-divider-style-default\" style=\"margin:45px 0;border-width:1px;border-color:#00000\"><\/div>\r\n<h3 style=\"text-align: center; color: #ed3300; font-family: Raleway;\"><b>Chat with our happy customer service via WhatsApp!<\/b><\/h3>\r\n<h3 style=\"text-align: center; color: #ed3300; font-family: Raleway;\"><strong><a href=\"http:\/\/api.whatsapp.com\/send?phone=60166261162\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-324 aligncenter\" src=\"https:\/\/www.theoriginsolution.com\/blog\/wp-content\/uploads\/2019\/07\/whatsapp-cta.png\" alt=\"\" width=\"325\" height=\"62\" srcset=\"https:\/\/www.theoriginsolution.com\/blog\/wp-content\/uploads\/2019\/07\/whatsapp-cta.png 650w, https:\/\/www.theoriginsolution.com\/blog\/wp-content\/uploads\/2019\/07\/whatsapp-cta-300x57.png 300w\" sizes=\"auto, (max-width: 325px) 100vw, 325px\" \/><\/a><\/strong><\/h3>\r\n<h3 style=\"text-align: center; color: #ed3300; font-family: Raleway;\"><b>Contact us now for a FREE consultation<\/b><\/h3>\r\n<div class=\"su-divider su-divider-style-default\" style=\"margin:45px 0;border-width:1px;border-color:#00000\"><\/div>\r\n\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f560-o1\" lang=\"en-US\" dir=\"ltr\" data-wpcf7-id=\"560\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/blog\/wp-json\/wp\/v2\/posts\/714#wpcf7-f560-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"560\" \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"6.0.6\" \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f560-o1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<\/div>\n<div class=\"row\" style=\"padding-bottom: 10px;\">\n\t<h3>Drop us a message by filling in the simple form below.\n\t<\/h3>\n\t<h3>A comprehensive quote will be sent straight to you within 24 hours.\n\t<\/h3>\n<\/div>\n<div class=\"row\" style=\"padding-bottom: 10px;\">\n\t<div class=\"col-md-4\">\n\t\t<p><label>Name*<\/label>\n\t\t<\/p>\n\t<\/div>\n\t<div class=\"col-md-8\">\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-name\"><input size=\"25\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"your-name\" \/><\/span>\n\t\t<\/p>\n\t<\/div>\n<\/div>\n<div class=\"row\" style=\"padding-bottom: 10px;\">\n\t<div class=\"col-md-4\">\n\t\t<p><label>Contact No.*<\/label>\n\t\t<\/p>\n\t<\/div>\n\t<div class=\"col-md-8\">\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"tel-no\"><input size=\"20\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-tel wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-tel\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"tel\" name=\"tel-no\" \/><\/span>\n\t\t<\/p>\n\t<\/div>\n<\/div>\n<div class=\"row\" style=\"padding-bottom: 10px;\">\n\t<div class=\"col-md-4\">\n\t\t<p><label>Email*<\/label>\n\t\t<\/p>\n\t<\/div>\n\t<div class=\"col-md-8\">\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-email\"><input size=\"20\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-email wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-email\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"email\" name=\"your-email\" \/><\/span>\n\t\t<\/p>\n\t<\/div>\n<\/div>\n<div class=\"row\" style=\"padding-bottom: 10px;\">\n\t<div class=\"col-md-4\">\n\t\t<p><label> I need quote for...<\/label>\n\t\t<\/p>\n\t<\/div>\n\t<div class=\"col-md-8\">\n\t\t<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-message\"><textarea cols=\"40\" rows=\"4\" maxlength=\"2000\" class=\"wpcf7-form-control wpcf7-textarea wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" name=\"your-message\"><\/textarea><\/span>\n\t\t<\/p>\n\t<\/div>\n<\/div>\n<div class=\"row\" style=\"padding-bottom: 10px; text-align: center;\">\n\t<div class=\"col-md-4\">\n\t<\/div>\n\t<div class=\"col-md-8\">\n\t<\/div>\n<\/div>\n<div class=\"row\" style=\"padding-bottom: 10px; text-align: center;\">\n\t<div class=\"col-md-12\">\n\t\t<p><div class=\"cf7-cf-turnstile\" style=\"margin-top: 0px; margin-bottom: -15px;\"> <div id=\"cf-turnstile-cf7-2243059189\" class=\"cf-turnstile\" data-sitekey=\"0x4AAAAAAB4AFn2gduB3of-B\" data-theme=\"light\" data-language=\"auto\" data-size=\"normal\" data-retry=\"auto\" data-retry-interval=\"1000\" data-action=\"contact-form-7\" data-appearance=\"always\"><\/div> <script>document.addEventListener(\"DOMContentLoaded\", function() { setTimeout(function(){ var e=document.getElementById(\"cf-turnstile-cf7-2243059189\"); e&&!e.innerHTML.trim()&&(turnstile.remove(\"#cf-turnstile-cf7-2243059189\"), turnstile.render(\"#cf-turnstile-cf7-2243059189\", {sitekey:\"0x4AAAAAAB4AFn2gduB3of-B\"})); }, 0); });<\/script> <br class=\"cf-turnstile-br cf-turnstile-br-cf7-2243059189\"> <style>#cf-turnstile-cf7-2243059189 { margin-left: -15px; }<\/style> <script>document.addEventListener(\"DOMContentLoaded\",function(){document.querySelectorAll('.wpcf7-form').forEach(function(e){e.addEventListener('submit',function(){if(document.getElementById('cf-turnstile-cf7-2243059189')){setTimeout(function(){turnstile.reset('#cf-turnstile-cf7-2243059189');},1000)}})})});<\/script> <\/div><br\/><input class=\"wpcf7-form-control wpcf7-submit has-spinner\" type=\"submit\" value=\"Submit NOW !\" \/>\n\t\t<\/p>\n\t<\/div>\n<\/div>\n<p style=\"font-size: 13px\"><strong><em>DISCLAIMER<\/em><\/strong>\n<\/p>\n<p style=\"font-size: 13px\"><em>This article is for informational and educational purposes only and does not constitute legal or professional advice. Although we strive to provide accurate general information, the information presented here is not a substitute for any kind of professional advice, and you should not rely solely on this information. Please opt for a one-to-one consultation with us or a relevant professional for your specific concerns regarding the business solutions in Malaysia before making any decisions.<\/em>\n<\/p><p style=\"display: none !important;\"><label>&#916;<textarea name=\"_wpcf7_ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_1\" name=\"_wpcf7_ak_js\" value=\"109\"\/><script>document.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );<\/script><\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n\r\n<div class=\"su-divider su-divider-style-default\" style=\"margin:45px 0;border-width:1px;border-color:#ed3300\"><\/div>\r\n","protected":false},"excerpt":{"rendered":"<p>Many Malaysian SMEs have been facing fear and uncertainty due to the global pandemic of COVID-19. Believe it or not, because of such drastic changes, the impact of covid-19 on small businesses is severe. Small and medium businesses in Malaysia are victims of this. Like headless chickens, they are all fearing for the sake of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":730,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,11],"tags":[42,74,76,15,77],"class_list":["post-714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-content-marketing","category-online-marketing","tag-branding","tag-digital-marketing","tag-hygiene","tag-online-marketing","tag-safety"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Malaysian SMEs Can Survive Through Covid-19<\/title>\n<meta name=\"description\" content=\"Many Malaysian SMEs have been in fear due to COVID-19. 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