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The COVID-19 pandemic has upset the expectations of many business owners. Lines of business that seemed profitable are now struggling, and previously underappreciated lines of business are blossoming. The pandemic will bring about long-term changes in how the economy operates, as well as short-term difficulties in conforming to current customer demands and regulatory hurdles.
Two recent changes in the law have opened a limited-time opportunity to restructure small business operations and finances more quickly than ever before, while ensuring that the current owners retain control of the business throughout the process.
Restaurants under coronavirus lockdown should consider bankruptcy: consultant foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.