The COVID-19 crisis has changed just about everything in our daily lives, so naturally, it has also changed the way we do business. As a small business owner, you’re likely feeling the hit. The good news is that you can always find a Plan B—a solution that will keep you up and running no matter what. To find your Plan B, start by addressing your most immediate concerns, like easing cash flow. Then you can explore ideas for growth, like using new digital tools, which will help you get on track for the future.
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– Several large companies are providing free business tools you can use, including cloud storage, cybersecurity, supplies, and more.
– Along with the federal government, state and local governments also have loan and grant opportunities.
– Some credit card companies are offering assistance to small businesses.
– Forming an LLC for your business can ease your tax burden and protect your assets.
– Help your team collaborate better while working remotely.
– Stay in touch with customers through multiple online marketing platforms.
– Increase sales by making the online shopping experience more personal for customers.
– Use signs, curbside pickup, and social media to get more retail sales, even if your business is nonessential.
– Accent Printing Solutions offers professional printing services for your next signage project.
– Adopt safety standards and let customers know what you’re doing to prevent the spread of the virus.
– Focus on online marketing now to see increased brick-and-mortar sales in the future.
The truth is that this crisis will end, and your business needs to do more than just survive it. You want to make sure your business will be ready for what comes next. The economy will look different when this is over, and a smart Plan B is one that positions you to make the most of it.
