By now, we’ve all heard the term “flatten the curve,” but you might be less familiar with COVID-19’s domino effect. The domino effect refers to COVID-19’s negative impact on multiple businesses, one after the next. For instance, when one business shuts down, a partner company might suffer financial pitfalls. And if that partner suffers, its clients might have fewer resources, support, etc. to complete their work, which can lead to further financial hits. In essence, COVID-19 has created a ripple effect, causing one business to fall after the next. And if you don’t exercise caution and prepare for these losses, the next domino could be yours.