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The supply chain disruptions resulting from the coronavirus crisis led to some nightmare scenarios for small businesses. SMB failures spiked, with some estimates predicting the closure of millions of mom-and-pop shops in the U.S. alone.

Markaaz, the world’s first platform to comprehensively enable small businesses to grow customers, manage suppliers and improve cash flow, today announced a partnership with Equifax, a global data, analytics and technology company. Markaaz will leverage Equifax commercial data and fraud prevention solutions as part of the Markaaz Directory of pre-verified businesses to help empower small and medium sized businesses (SMBs) to mitigate operational risk.

It’s important to make your plan flexible enough so that you can pivot on demand. As we transition, technology and innovation are expanding rapidly. Your plan has to involve a pivot technique and the ability to move accordingly as the world changes.

The sustainability and growth of your small business depend on the strength of each link in your supply chain: producers, vendors, warehouses, logistics and distribution centers. That’s a lot of links for business owners to monitor.

Podcast

I first realized the depth of cybersecurity when I understood how a data breach, a cyber attack or a phishing email can affect millions of citizens. Before co-founding my company, I had been very active in the smart city arena…