UNDPR develops planning toolkit for SMEs
Friday, 12 June 2020
The United Nations Office for Disaster Risk Reduction (UNDRR), with the support of the Asian Disaster Preparedness Center (ADPC), developed a planning toolkit for small and medium enterprises (SMEs) to revive their business operation to the new environment, reports UNB.
Bangladesh is currently witnessing significant economic shocks due novel coronavirus outbreak. Small and medium enterprises are the most vulnerable group in this critical situation because of their low shock-absorbing capacity. To revive their businesses, the SMEs have to redesign their business operations to adapt to the new environment, said a press release.
With the assistance of the Business Initiative Leading Development (BUILD), this toolkit has now been adapted for Bangladesh.
The toolkit includes: A planning tool organised around '10 tips' to make businesses resilient, a brief guide for impacted businesses with an 'additional 5 tips,' and an awareness-raising brochure summarising the '10 tips' and the '5 additional tips'.
This toolkit will support SMEs to protect their employees and their work environment.
Moreover, this toolkit demonstrates the process of how an SME can continue its operations during this crisis using their existing resources and to help protect SMEs from further disruptions.