Posted in corona virus, health

Cost of Covid19 on Business Establishments

Business Resiliency is being tested in the most extreme ways. The impact of this pandemic particularly here in the Philippines is so great that it continues to pull down the economy and left many unemployed.

For the first time in 22 years, the Philippine economy slowed down and contracted 0.6% in Gross Domestic Product.

Listed below is the added operational expense on every establishment following mandatory requirements to flatten the curve of Corona Virus. Figures are inconsistent and depends on each store.

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  • Hand Sanitizer / Alcohol – P520 per gallon. Consuming 2 gallons per week = P1040

  • UV lamp / Air Sanitizer – P3000 minimum market value

  • Basic Face Mask & Face Shield – P170/set. Multiply to the number of employees e.g x 10 = 1700

  • Disinfectant / bleach – P 450/gallon. Using almost 3 in a week = P1350

  • Shuttle/Delivery Service

  • Lodging for Employees

  • Non-Contact Thermometer – P1200

  • Test Kits

Operational cost of P8290 which does not include the variable expenses of shuttle, board and lodging, test kits, rental, manpower expense like hazard pay, and so on.

Weekly basis may reach upto P5000 and an average of P20,000 per month. That brings the operational cost to P80,000 since March.

This article is not to discourage start-up entrepreneurs rather help by giving a glimpse on what to expect on surviving a pandemic.

Entrepreneurship is about survival, which nurtures creative thinking. Business is not financial science, it’s about trading – buying and selling. – Anita Roddick (UK entrepreneur)

 

 

References:

cnn.philippines

pttc.gov.ph

Posted in corona virus, covid 19, health

ECQ, MECQ, GCQ, MGCQ – Simplified

Confused about these quarantine levels? You’re not alone!

Here’s an easy-to-understand chart to compare the four levels.

 

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TERMS

  • ECQ – Enhanced Community Quarantine

  • MECQ – Modified Enhanced Community Quarantine

  • GCQ – General Community Quarantine

  • MGCQ – Modified General Community Quarantine

More to remember;

ECQ is the highest level so it means it has the most strict regulations. No movement regardless of age and health status. While in MECQ and GCQ, there’s limited movement within the containment area or buffer zone you are located and in obtaining essential needs.

Essential workers (doctors, nurses, grocery personnel, etc.) are allowed to go out. Non-essential workers will only be allowed to go out of their homes if they have to purchase groceries and other necessities.

In MGCQ, the period is a transition or preparation for the “New Normal”. Socio-economic activities are permitted with certain Health guidelines.

Still puzzled? Just remember the two main categories – ECQ and GCQ. All these levels are focused to help flatten the curve of the pandemic. Following above guidelines will help us stay safe from Corona Virus and help our frontliners as they are getting overwhelmed.

For details on each, go to this website – https://covid19.healthypilipinas.ph/ 

Stay Safe!