Using a QR Code on your tables, exterior signage, promotions and on your website – you can present your menu in an appetizing and safe format.
Your clients may not feel comfortable handling typical menus that are often difficult to clean and have been in many different hands.
QR Codes can be read by any mobile device and allow your clients to view your menu on their own device. And it is always available allowing them to plan their meal in your establishment long before they arrive.
The novel strain of coronavirus (COVID-19) has affected almost every sector of the global economy. It has particularly precipitated a significant slowdown in manufacturing, supply chains, and international trade in general. In the beginning, the slowdown was attributed to the overdependence on China’s manufacturing power for almost all global business operations, which meant that a small disruption of China’s economy would obviously impact other economies of the world.
But now that COVID-19 has spread out to almost every corner of the globe, it is hard to tell how far-reaching its repercussions will be in regards to international trade. Experts predict that if the virus isn’t contained soon, production could fall by up to 40 percent, which would translate to soaring unemployment and anemic economic activity for years to come.
How fast cross-border supply chains, and the global economy as a whole, will recover from this pandemic remains to be seen. We can, however, try to predict how international trade will look like after COVID-19.
Decreased International Trade
According to a recent analysis by the Chief Economist team at DG TRADE, the global trade for 2020 with respect to the previous year will fall by about 9.7%. Exports of goods and services out of and around Europe, on the other hand, could fall by 9.2% while EU imports fall by an estimated 8.8%. In monetary value, the fall will account for about 285 billion and 240 billion Euros in exports and imports respectively. The most affected are the manufacturing sectors across European countries, particularly manufacturers of transport equipment and electrical machinery. Although this is happening in Europe, it could be a good representation of how things stand across the world.
More Companies Will Take their Businesses to International Markets
Shrinking economies will force companies to look for new growth opportunities beyond domestic borders. Even before COVID-19 came to town, companies were banking on international expansion, especially into Asia’s emerging markets, for their long-term growth prospects. Coronavirus will only be forcing them to expedite their pre-existing expansion plans.
Expansion into overseas markets aside, there are other reasons why businesses will have to consider taking their businesses international. One of those reasons is to get closer to sources of raw materials. Many companies have been forced to stop operations due to disrupted supply chains; merely because they are unable to access raw materials. Opening plants right where the raw materials are is a sure remedy for that problem in case of a future pandemic.
Another reason for international expansion is to tap into growing labor markets across the world. Coronavirus has left many companies with sub-standard workforce grappling to keep up with changing consumer needs and working environments. After this is over, every employer will be looking to diversify their pool of talents, some of which cannot be found locally. When businesses go international, exports and imports will significantly be affected.
International expansion brings many challenges, the biggest of them all being payroll. Multinational companies struggle to manage international payrolls after hiring overseas employees. They have to consider different time zones, differences in working hours for different regions, additional employee compensation laws, varying exchange rates, and unique tax laws per country. The surest way of ensuring that payroll to global employees is delivered on time is through international payroll providers. Such providers are well versed in international business requirements, which enable them to handle international payrolls with relative ease.
Removal of Export Restrictions on Essential Goods
Export restrictions have inflicted harm for everyone. As much as such restrictions increase goods availability in domestic markets and lower prices, COVID-19 has proven that this approach isn’t sustainable. Domestic companies tend to slow down their production when forced to serve local markets, their demand for supplies from world markets shrinks, and international prices for both raw materials and finished products falls through the cracks. That harms economies that rely on international markets for essential goods, especially food and medical supplies. For the sake of global stability, export restrictions will have to stop.
Governments Will Put More Emphasis on Medical Supply Chains
3rd world countries cannot produce enough PPEs and other medical supplies as has been witnessed during this crisis. Most developed countries aren’t any better because they can’t seem to find a way of producing medical supplies cost effectively. Labor shortages, mobility restrictions, and overdependence on imported inputs have also plagued production capacity in developed countries. Going forward, governments all over the world will be spending a significant portion of their international trade budgets on medical supplies. No country in the world can rely solely on their local production capacity to guarantee supplies of medical equipment, so countries will have to join hands to support global medical preparedness.
The unprecedented nature of the coronavirus pandemic makes it hard to predict how international trade will look like in coming years, but experts believe that all economies of the world will struggle to recover from the current crisis. Some argue that the current slump will exceed the trade slump experienced during the global financial crisis of 2008‑09. Well, that remains to be seen.
The Atlântida Apartments are situated in the heart of Funchal, Madeira. The Apartments offer an excellent location right next to the Shopping Centre La Vie, which includes services like supermarket, restaurants, pharmacy, banking agencies and shops.
Right down the street is the municipal garden with a lush and beautiful exotic vegetation. Furthermore, the best cafés, restaurants and museums can be visited in this neighbourhood as well as the marina and sea front promenade. All this is within a 5 minute walk of our Funchal Self Catering Apartments!
Funchal Self Catering Apartments
The 26 apartments and suites are fully and tastefully furnished and are ready for people looking for a different offer than the one typically provided by Hotels. All apartments are equipped with a kitchenette and spacious rooms, making this the perfect choice for people who are looking for more flexibility in their trip.
Retirement should be an idyllic time of life and in Portugal, we make this a reality! The Cork Tree Residences offers a unique and innovative blueprint for retirement living not only within Portugal but also Europe.
At The Cork Tree Residences we have done all possible to create the perfect retirement idyll: Year-round sun, luxury accommodation, organically grown local produce, access to a myriad of services and facilities on tap, close to all cultural events in the Portuguese capital – Lisbon and combined it with a sustainable ethos.
We decided that The Cork Tree Residences should not just offer one type of retirement lifestyle but should be flexible enough to fit the needs of all its discerning clients. It needed to be set within a beautiful and secluded location and yet able to offer easy access to a host of activities such as gardening, sailing, golf, horse-riding, walking and shopping. It also needed to be flexible enough to provide high level and high dependency care if and when the need arises.
If you are looking for self catering accommodation on Madeira Island, then you really need look no further.
Quinta Mãe dos Homens Garden Village is a collection of self catering apartments situated in an exclusive private estate perched above the city centre of Funchal.
Quinta Mãe dos Homens Garden Village is a very charming small self catering holiday resort in Madeira within the grounds of a private Quinta. (Farm), beautifully situated on the hillside overlooking the centre of Funchal with superb views across the town to the harbour and the sea.
There are two buildings of apartments, The Garden Apartments and The Wine Press Apartments and the Family Villa , surrounded by the Quinta’s stunning gardens, with beautiful Madeiran flowers, trees and cultivated lands with its own flora of Madeira and tropical fruit trees.