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With the spread of Covid-19, many small businesses are scared of what their future is going to be. They are trying to figure out how to navigate through this crisis that has brought disruption to their business. While the situation is sending people into panic mode and affecting the market, there are still a few things that businesses can do.
What are some immediate steps Entrepreneurs can take during Covid-19?
1. Care for your employees
It’s very important to have clear communication with your staff. Empathize with them and address all their concerns. It’s time to help each other face the crisis and survive it. Employees are the biggest assets of the company. Help your team feel secure and safe by providing them will everything that will ensure that they are healthy and can function normally as a member of the community.
2. Remote working
As the lockdown has begun in many places, businesses should come up with creative ways of effectively working from home without risking the health of the employees. Make sure to set up all the necessary technologies needed to ensure the continuation of work. Check some remote working tips to see how you can build a work routine at home.
3. Have a crisis preparedness plan handy
This crisis has hit the world with unpredictability and made us realize that many companies did not invest in a plan for crisis earlier. They now see the need to have one in place. One of the things that a plan should include is how easily remote working can be implemented and how to handle meetings while being away from the office. Most service businesses may still be able to work in some way, but other businesses like cafés and restaurants may be severely affected. These businesses need to have an alternative in place to ensure their survival.
4. Support your customers
A business is built on a community of customers. Try to support your customers in any way that you can. Be flexible in offering your services or products and make certain adjustments to accommodate their demand to fulfill the duty that comes with nurturing good relations with them. Our customers’ welfare is important to us. Being a remote working friendly platform, we ensure our clients’ business health is taken care of, especially in times like this. Our online bookkeeping service does not require our accountants and clients to meet as all the work is done through our app. We know that these moments may be creating a lot of confusion. It’s time to gather strength to stand in the face of adversity. Try not to act out of stress or panic. The positive side to all of this is that we, as a community, are trying our best to protect ourselves and each other. Stay safe, people!
