COVID-19 has changed the way we do business and how we live our lives, and many of these changes are bound to stick. Even as lockdowns are easing, it will still be important for small businesses to have access to resources that will help them evolve and successfully recover from this crisis. Here are a few to help these non-essential businesses overcome COVID-19 challenges and find a light at the end of the tunnel.
Resources You Can Use Right Now
Although many areas are lifting restrictions, the COVID-19 crisis is still ongoing. This is why small businesses need the right links and information to keep their doors open:
- Adapting your small business is key to remaining open and successful.
- As part of those adaptations, you may need to improve your online presence.
- Accessing financial resources can provide the cushion you need to adapt and thrive.
- To make the most of that financial help, you may also need to reduce your expenses.
- Finally, adopting COVID-19 safety practices is the most crucial change you can make.
Resources You Can Use Post-Lockdown
Eventually, business will be back to somewhat usual but small businesses will still need a few key resources to continue to grow and thrive:
- Staying aware of current COVID-19 recommendations will continue to be important for small businesses until a treatment or vaccine is established.
- Tracking state restrictions is also essential, even as you prepare to reopen.
- Hiring additional staff may make implementing future recommendations easier. Of course, letting staff go may also be essential for keeping your business afloat.
- Finally, refreshing your business with new carpet and other updates can provide you with a boost of confidence and a potential boost in business.
Resources You Can Save for the Future
Hopefully, you can use the resources above to help your business recover, but it also helps to be prepared for potential emergencies in the future.
- Creating an emergency plan for your business can keep you from being caught off guard if a crisis arises in the future.
- As part of that plan, make sure you can easily transition to remote work if needed.
- Since even global issues can impact your personal finances, also use this time to start your own emergency savings.
- As your business recovers, you may also want to start saving for your retirement.
- Finally, take some time off in the future because you deserve it after this year!
If your small business is non-essential, it may take some time to get back into the swing of things. So, be patient with yourself as you adapt to the new normals, and stay strong as you recover your business from this global crisis.
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About the Author: Elena Stewart is a certified life coach who specializes in the teachings of Brené Brown, Danielle LaPorte, and Marie Forleo. She successfully transitioned from the corporate world to running her own business, and she now helps others achieve their career goals and dreams.
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