Reshape Your Business
You should be thinking about reshaping your business to align with demand for your product or services. When doing your projections for reshaping your business you need to think about what is happening to the Taranaki and New Zealand economy and what it will mean for your business.
The Economy will Contract
The expected contraction in Taranaki is significantly deeper than the energy-sector induced recession of 2012, this contraction is set to be at least four times larger than anything seen before.
Source: Economic Impacts of COVID-19 on the Taranaki Economy, Informetrics, https://venture.taranaki.info/publications.aspx