Faire’s Financial Calculator Measures Impact of Covid-19

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.