In the last eight months, I have seen businesses fold up so rapidly that it is now difficult to track. So many businesses, both big and small, seem to collapse under the weight of one thing —the current economic meltdown.

Sincerely, this is one thing that can cripple a business, wash down a person or organisation's investment into drain and leave them in a place far behind where they started.

What we experienced after the COVID-19 outbreak isn't even close to this. While there are other challenges businesses face like the ones you've mentioned above, nothing beats the ripple effect an economic downturn has on both SMEs and various business ventures. It's even worse when there are poor government policies.