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Faire’s Financial Calculator Measures Impact of Covid-19

The wholesale marketplace is giving retailers the ability to explore their financial future with this new tool. 

Wouldn’t it be nice to predict the future? Well, you’re in luck!

In such uncertain times, wholesale marketplace Faire is ramping up its resources for retailers to give them a better idea of what the future holds. Most recently, the company launched a tool for determining the path to financial stability. Introducing the Covid-19 impact calculator!

The calculation process is quick and simple:

Step 1: Add your financial details. This includes your cash on hand, average monthly revenue and average monthly costs before the coronavirus outbreak.

Step 2: Enter any changes to your revenue and costs that have occurred since the disruption.

Step 3: The impact calculator will generate a financial status for your business and offer recommended actions you can take to help your business make it through this crisis.

Along with the calculator, Faire released a Covid-19 information hub, available at faire.com/covid-19, offering frequently updated materials surrounding current challenges.

For more information, email covid-relief@faire.com.

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