These rocky times will have tested even the strongest business owners. But by taking the right actions, we can ensure we come out stronger, and more resilient. Here are our tips for business recovery.
We are fortunate at Seed to already run a cloud-based business. This meant when lockdown started, we could just pick up our laptops, and carry on as before. That’s not to say it’s been an easy ride. Juggling kids, family, clients requiring vast amounts of help; it’s been quite the crazy few months. And things are set to change all that drastically.
So what can we all do to protect our business and ensure we’re ready to get going, and keep going?
Whilst these 8 actions are most crucial for business recovery. We would also recommend creating a business forecast and consider updating your organisation chart (if you have employees, or you have a team of outsourcers). Set aside some time to work on this, and it may need to be done in instalments – from personal experience of doing exactly this for my own business, this is no small job. You need to have focused and uninterrupted time.
If you’d like some help, we have a number of ways to support you in this (some free, some paid-for) – if you would like us to send you more details on the help we can provide you then please do get in touch.