Managing a business is hard work. Now, throw in a pandemic and you’ll find yourself facing a new series of challenges. Fortunately, we’re here to offer you tips that can keep you afloat, and help you navigate your business in the right direction as the country – and the world – begins to open up again.
Ways to manage your business during COVID19
These are some of the best practices to keep your business running during COVID19:
- Keep to a schedule and stay organized. You want to ensure everyone is on track and keep your departments running as smoothly as possible. Most businesses are living in uncertainty, so providing stability in the workplace can boost morale and increase production. Anticipating challenges can help you adapt quickly.
- Where possible, refrain from layoffs. You want to create jobs, not take them away. This is easier said than done, but there are a number of programs available for small businesses to help pay for new employees and keep them on a payroll.
- Target your marketing efforts to consumers sitting at home. By creating an innovative and unique way for them to contribute to your company from wherever they are, you can establish stable groundwork to increase your traffic, conversions and revenue.
- In the same breath, original, creative innovations are a lifeline for small businesses during the pandemic. Conceptualizing new products and services that will benefit your customers or consumers will help you grow faster, even if the economy is at a standstill.
Additional Resources to Aid in the Recovery of Your Business
Here are some of the best resources businesses are using to boost their journey to recovery:
- https://www.cfib-fcei.ca/en/small-business-resources-dealing-covid-19
- https://www.canada.ca/en/services/business/maintaining-your-business.html
- https://www.toronto.ca/business-economy/business-start-ups/training-support-for-business-start-ups/
Managing your business is a challenge in itself. The pandemic has caused a lot of problems in our personal and professional lives, but there will always be avenues of support in times of crises. With these resources and tips, you can continue to keep your business running, and continue pursuing your goals to grow and thrive!
