Staying Afloat During the Pandemic by Elena Stewart August 12, 2020 2 Minutes ReadIt’s no secret that the COVID-19 pandemic has wreaked havoc on countless small businesses. If your business has yet to re-open, or you are finding it difficult to stay afloat, it’s essential to figure out how you can push forward. Hopefully, the information and advice below can help you get back on track so that your business can survive and continue to grow. Figuring Out Finances Let’s start with the engine that powers your business: money. Assess how the pandemic has impacted your cash flow, sales, and profits. Then, think of adjustments you can make to put your business in a better financial position, such as cutting expenses and/or adding revenue. And look into the wealth of financial assistance programs, such as non-government grants and government loans that can help to keep you afloat as you regain your footing. Image Source: Burst Making Moves Online Companies of all shapes and sizes were already doing more and more things online, but the pandemic has exponentially increased the need for such efforts. Make sure you have a quality website that represents your company well and provides users with an engaging experience. Up your social media marketing efforts to connect with your audience. Whether it means selling items you already offer or finding new, trendy items to sell, open an e-commerce store to create some extra cash flow. Make it even easier for customers to buy from you by developing a mobile app. If possible, allow employees to work remotely, and make sure everyone is equipped to communicate and collaborate effectively. Creating a Space at Home Whether you have a large team of employees or it’s just you, remote work may be able to benefit your situation now and in the future. However, in order to do it successfully, you will need a comfortable place at home for working. Pick a location for your home office that will help you stay focused and productive. Make sure your office has adequate insulation, ventilation, and flooring, especially if you’re converting a garage or basement. Position your primary workstation where natural light can flow in through the windows. Make sure you get all the equipment you need to work productively. And of course, you will need a daily routine that helps you actually get stuff done! For small business owners, now is a time for making adjustments. Sit down with your budget to come up with ways you can improve your situation, and take advantage of everything the web can offer you. Also, make sure you have a dedicated area at home for working remotely. While there are plenty of other steps you can take to keep your small business healthy during the pandemic, starting with these will put you in a better position to succeed. SummaryArticle NameStaying Afloat During the PandemicDescriptionThe information and advice can help you get back on track so that your business can survive and continue to grow at this ongoing pandemic situation.Author Elena Stewart Publisher Name Andolasoft Publisher Logo Related Posts: How Technology Helps Businesses During This Pandemic How to boost eCommerce Sale during Covid19 Pandemic How to Capture the Opportunity after 59 Mobile Apps Banned in India Tags: covid small business grant, covid-19 small business grant, growing small business, mobile app development, remote work, small business, small business loans covid-19, social media marketing, work productivity Elena Stewart ElenaStewart@andolasoft.com As a life coach with a special interest in career guidance, Elena Stewart works with business owners to help them achieve success. Her years of experience in EMDR, mindful meditation, and emotional wellness lends well to her easygoing nature and ability to set people’s minds at ease as they transition into new and exciting ventures.