COVID-19

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COVID-19

Employment law implications of Covid-19 on start-ups

A combination of economic uncertainty, rising unemployment, changing consumer behaviour and national and regional “lock-downs” have exacerbated existing pressures often experienced by start-ups, including lack of funding. With thin balance sheets, cash flow challenges and (often) debt, many start-ups simply have less capital and resources to fall back on in time of crisis. There are, inevitably, risks of business failure.

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