Transformation in the time of coronavirus A leadership challenge by Hayat Chedid These are challenging times. Data suggests that the…
Hayat Chedid18 May 2020
The Moneylender and his Wife (Quentin Matsys, 1514)
We have asked Suzanne Knottnerus, tax lawyer at griph and co-founder of blended.law, her take on how you can make use of the governmental measures to keep your cash flow alive during the COVID-19 crisis.
Scale-up CEOs:
What can you do now?
Protect your employees
- Provide clear communication to employees on what to do
- Provide autonomy and decentralize decision making
- Provide an infrastructure for remote work
Get in sufficient cash
- Strive for 3 months of cash at hand
- Immediately pursue options for extending loans, and accounts payable. Make use of rescue propositions from government
Secureyour supply
- Ensure adequate buffer stock of crucial parts and other inputs on hand
- Check the situation at key suppliers and ensure their reliability
Help in the community
- Target community outreach organizations in your area
- Encourage your employees to volunteer
Commit to your customers
- Reach out to and stay close to your customers. Help them.
Step up your business model
- Reframe your value proposition to adjust to your customers’ new needs
How can we help?
Could you use a sounding board, an introduction, an expert to ask questions of, a brainstorm for keeping team spirits high? Get in touch and we’ll do everything we can to find the right support. It’s times like this the ScaleUpNation community was built for
Resources
Sailing through a perfect storm It was late at night on Christmas Eve 2009, in the middle of the last…
Menno van Dijk9 April 2020
Het doorfinancieren van scale-ups in tijden van crisis Innovatieve start-ups en scale-ups zijn cruciaal voor het toekomstig verdienvermogen en om…
Menno van Dijk31 March 2020
Keep your soul alive while keeping social distance Scale-ups have a unique culture of purpose and vision, togetherness and trust,…
Anna Fenko30 March 2020
Cash is king in times of crisis In this turbulent period, ScaleUpNation is talking to scale-up CEOs who share their…
Anna Fenko25 March 2020
The Corona virus is scaling exponentially. This means that the number of people infected grows at a standard rate. We…
Menno van Dijk21 March 2020
Catching a wave: scale-ups in China navigating the Corona virus The general view is that scale-ups operate in a VUCA…
Anna Fenko20 March 2020
We've talked with scale-up CEO Sina Farzaneh about his experience getting through the early days of quarantine in Shanghai. Sina…
Marta Fiolhais18 March 2020
Special
Helpdesks
for Dutch
Businesses
Chamber of Commerce (KvK)
KVK opened a virtual ‘corona-office’ (webpage only in Dutch) for business-related questions. The office can be reached by phone during working hours on Tel. 0800.2117.
Dutch Banks
Several large Dutch banks (ABN AMRO, ING, Rabobank, de Volksbank and Triodos Bank) announced that their customers are given an additional six months to repay their loans up to € 2.5m.
Tax and Customs Administration (Belastingdienst)
Companies can ask for a postponement of paying, among others, income- and/or wage taxes in. The rules and procedures can be found here (Dutch only).