Mar 21, 2014
As entrepreneurs and responsible managers, we walk with tight pockets and mini budgets to accomplish harder goals and heavier targets…
The pandemic that took place in the early 2020, left people shocked and enclosed within their homes for months. The virus resulted in plenty of unexpected deaths and also caused economies to face severe losses. Businesses and both startups and freelancers faced huge losses. However, after almost a year, businesses have slowly started the recovery period, though it might take a long time to recover completely. To adjust to the pandemic and the work misfortune it released, more and more people are turning into their own supervisors, setting up small organizations.
Steps to recover from the pandemic.
Some of the simple tactics that businesses can opt for are as follows:
Reduce or cut costs – Any items, administrations and costs that adorn your business item, customer experience or staff prosperity ought to normally be considered prior to anything that will affect your organization’s tasks.
Be lean with time – Time is money. Wasting time is not an option at this time. Time is cash, regardless of whether we are telecommuting. You will have to reconsider the most ideal way your representatives ought to utilize that time. Survey the number of gatherings are fundamental for centre business, and cut back off the additional excess.
Keep clients happy and satisfied – Loyal clients help in creating a brand image and ensuring more business. Ensure that your clients are happy with the products and the services. Keep communicating and taking constant feedback.
Keep more towards the safer side – At this point any unnecessary risk can completely ruin you. Make sure that no knee jerk reactions or harsh decisions are made. Play safe and play smart.
Stay focused on the goals – Keep your main target on the highlight. Know where to focus your limited resources to achieve your goals. This would definitely help.
Work on long term investments – In case you are in B2B deals, the COVID-19 may be a chance to make some more extended term interests in your business. This is the opportunity to rethink your activities, stages and measures and do some drawn out essential arranging. Keep looking out for long term opportunities.
Think from customers point of view – Understand how the pandemic has affected your customers and try working on it. Loyalty goes both ways. As a business owner, figure out how to reposition your brand or products to suits your customers.
Be ready for pent up demand – There is a good chance that the economy might recover faster than one might expect. If that truly might be the case, you will want to stay prepared for it, in order to ensure that there is nothing stopping your success. We always look for ways to adapt and bounce back stronger than ever.
Check new sales methods – Checking out new sales channels and updating oneself can only be for the good. E-channels, online methods are now a popularized way to go, especially during the lockdown where digital mediums are much appreciated.
Be positive – Most importantly stay positive. A positive outlook in business and in life can make a lot of difference.
Above are a few steps to recover from the pandemic for Freelance and Startup business. iKeva addresses and tackles the issue of economy and health which are the main concerns in these tough times. iKeva provides cost-efficient coworking spaces and virtual office options for Freelance and startups of all ranges. iKeva Coworking spaces at Hyderabad, Mumbai and Bangalore are regularly sanitized and maintained hygienically to ensure safe and healthy working. By choosing iKeva you can attain better productivity and results that will directly affect company’s economic growth.
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