Businesses around the world continue to suffer as the COVID pandemic rages. Small businesses receive the worst impact, but there are opportunities to move forward, even during uncertain times. By taking time to review your business, assessing concerns, making a plan to work out the problems, and building a support network, you can approach the future with clarity and a renewed sense of purpose. A Bryant Consultants small business coach shares tips on keeping your business afloat during COVID so that you can continue your business and flourish.
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Communicate with Clients and Customers
Communicating with your clients and customers is crucial during COVID, no matter which industry your business represents. Your clients and customers are not looking for a sales pitch during the pandemic. Instead, they seek a personal connection with others and your brand by knowing they are on the mind of someone else. Merely sending an email to your client and customer base that states your company cares about them and their well-being generates a stronger relationship and could result in long-term business relationships. The small business expert recommends listening to your patients and offers a helping hand or real value during this time of need.
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Find Your Pivot Point
Some businesses excel during COVID as they find new ways to conduct business and remain successful in new markets. However, if you decide to expand into new products or services, remember to stay focused on the core values on which your business is built and follows daily. Assess where you are in business, know your client or customer and what they need, and devise a solution that can move your business forward. People desire to support small businesses, so feel free to stand proud and tell your story to others. Remember why you began a business, pinpoint what your company does well, and multiply it to keep your business moving.
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Connect with Your Community
In such challenging times, connecting with others in the community is crucial for a support network for those in the same industry. Social media platforms like LinkedIn offer an efficient networking platform that helps you connect with other professionals. Seek others who share your situation, begin a helpful discussion thread, reach out to others for support, and request they join your network. Through community connections, you can offer more support while promoting brand awareness.
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Access to Financial Support
The shortage of income has most of the country stressed and worried about their financial situation. Funding from outside sources can help keep your business running, whether you can pay your employees or invest in developing your business online. Conduct some research on government websites or ask your bank if they offer small business funding at this time. Remember to keep an eye out for new opportunities through federal or local government programs that could be relevant to your business.
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Client or Customer-centric Focus is Critical
Without clients or customers, you have no business. Instead of concentrating on how to beat competitors, focus on building value in your relationship with clients or customers. As a small business, quickly adapting is less complicated, and meeting customers’ needs become more effortless. Larger corporations struggle to change rapidly and may find maintaining production to keep up with customer demand challenging. Therefore, developing a new reward program, offering virtual sessions, creating a newsletter, or special promotions can bring value to the business relationship. Creating ways to remain engaged with your client or customer and keep your brand on the top of their mind can cause them to think of you first when seeking products or services in your designated industry.
Protecting your business from shutdown during COVID may be a struggle. However, with careful planning and exercising goal-specific business building strategies, your business could not only survive the pandemic but thrive in the future. If you would like to learn more or schedule a complimentary one-hour consultation, please contact Bryant Consultants by calling (877) 768-4799. We provide consultation, training, and coaching and will continue to post relevant updates regarding the coronavirus pandemic. To ensure that you receive the latest updates, please follow us on Facebook and Instagram.