Money Talks Blog by Oxford Planning Group

At Oxford Planning Group we hope you will be amazed by a unique experience. In our two blogs we will include periodic information and viewpoints that we hope you will find interesting. Seasoned Savers is geared towards financially experienced individuals. OPG Basics is aimed towards younger generations just starting out.

We welcome your thoughts and ideas, if you'd like to learn more about any specific area, send us an email at kirsten@oxfordplanning.com

What's Your Plan?

What’s Your COVID 19 Business Recovery Plan?

Ok, normally I’m talking about financial planning and in a roundabout way maybe I still am. To get our economy back on track, the country will need to get working again. I’m not suggesting it’s time to get back to work yet. That’s for the state and local jurisdictions to determine.  But before the mad dash begins to get back to work, what’s your plan?  If we all get together and have solid plans in place, maybe we will be able to get back to work more safely.

What’s your businesses impact with regards to spreading the virus?

Your Employees – From Home to the Office

  • Do employees have high risk family members living with them?  For example, family members with breathing, immune disorders or other.
  • How do your employees get to work?  Do they drive in their own car without exposing others, or do they take public transportation, possibly risking themselves and others?
  • Are you able to limit the number of employees at your facility?  Can some people work from home and others in the office?

Your Employees – At your Office

  • Are employees exposed to other team members or are they isolated in their offices or workstations?
  • Are bathrooms accessible and able to be cleaned and sanitized more often?
  • What do employees touch?  Can it be avoided, or can protocols be put in place to avoid touching things, to sanitize items tec.
  • Are masks needed at work, either all the time or when in certain areas.

Your Customers or Clients

  • Is it safe for your customers to visit your site?
  • What safety protocols can you put in place to protect your customers?
  • Can you do more virtual visits and meetings while we are in transition with this virus?

How can you keep current on your overall situation?

  • Do you have employees that are more likely to be exposed to COVID 19?  Can you segregate them from others?
  • Do you have protocols in place for someone not feeling well, for someone exposed to a person testing positive to COVID 19, for someone with sick children?

These are not meant to be an exhaustive list of ideas, but instead are meant to help everyone get thinking.  Each of your businesses, your employees’ family’s lifestyles and structure and your facilities are different and may require unique solutions.  Some of you may not be able to protect your employees and should be more cautious when reopening.  Hopefully we will begin seeing more guidance around this topic soon.  In the meantime, I suggest everyone begin putting together ideas so that when the time comes to reopen businesses, we are already ahead in the process.

Good luck to all. We wish you a safe, healthy and successful recovery.

 

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10713 B Birmingham Way
Woodstock, MD  21163
Phone: 410-995-8711
shaun@oxfordplanning.com

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