It’s no surprise that the coronavirus lockdown is having a major impact on small businesses. As many retailers have been forced to close and consumers are hesitant to spend on non-essentials during this period of financial uncertainty, small businesses are struggling to stay afloat. Despite these setbacks, there’s a lot business owners can do to drive sales and prepare for reopening. From short-term cash flow strategies to in-store improvements, here are some effective ways to keep your business going during the pandemic.
Learn from Your Competition
Look for businesses that are managing to get by during the pandemic to find out which strategies might work for you.
Boost Your Online Presence
Due to the coronavirus, everyone is spending more time online. This is a great opportunity to increase your digital presence and reach new customers over the internet.
Improve Your Store
If your brick-and-mortar store is closed right now, take advantage of the downtime to make some upgrades!
If you’re worried about the impact the coronavirus shutdown will have on your business, you’re not alone. Small business owners around the world are struggling to cope as sales plummet. Just remember, things will recover! Take advantage of this time to boost your online presence and get your store ready for a strong reopening.
written by Elena Stewart