Future Pandemic Preparedness: Crisis Management Strategies for Small Businesses

In today’s rapidly changing world, small businesses face an array of challenges, and one of the most significant challenges is dealing with pandemics. The COVID-19 pandemic served as a stark reminder that pandemics are not isolated events. They have occurred throughout history, and they will continue to emerge in the future. What small businesses can do is to be prepared well for whatever lies ahead.

Crisis management

Having a solid crisis management plan in place can mean the difference between survival and closure for your business. In this article, we’ll explore some crisis management strategies tailored to pandemic preparedness.

1. Develop a Pandemic Response Team

Establish a dedicated team within your organization responsible for pandemic response.…

Continue reading

Importance of Customer Service in the Post Pandemic Era

Customer service is an essential unit of any company. Stats suggest that it is five to twenty-five times more expensive to acquire a new customer than to retain an existing one. This is because there are a lot of components that go into acquiring a new customer and in comparison, much fewer resources and efforts are needed to provide a good customer service experience that is vital for customer retention.

Post-pandemic customer retention

After the pandemic, it has become even harder not only to acquire a customer but to retain them as well since most people are going through a critical financial situation that has made them more skeptical about how they spend their hard-earned money.…

Continue reading

How to Prepare Your Supply Chain for The Impact of The Coronavirus

In the current situation, when the situation with the coronavirus infection is changing so quickly: the growth of diseases is increasing and then falling, new strains appear almost every month; it is very difficult to control the supply chain and be ready to cope with all possible consequences.

Global pandemic map

Certainly, every company that sells goods needs to have a clear emergency plan and escape routes. However, this disaster is not a short moment, and no one knows when it will all end.

Still, you can think over some actions in advance, analyze the results of 2020 and half of 2021 and understand how to act, especially if another powerful collapse comes along.…

Continue reading

Tips for Training Your Team Effectively Despite Social Distancing

Everyone wants to feel safe at work. People who feel safe will come to work more reliably and stay with the company longer. Covid-19 makes safety more important than ever. However, according to Envoy, 42% of employees noted ineffective protective measures or protective measures that superiors don’t enforce.

Employee training during the pandemic

It all starts with training. Here are some tips on how to train new employees in a socially distanced world.

Know the Law

Stay up-to-date on recent CDC recommendations as well as laws in your state about training employees. CDC recommendations change regularly, but they remain the best guide for keeping people safe and healthy.…

Continue reading

All You Need to Know about Guarantor Loans in the Coronavirus Crisis

Usually, it can be tricky to get a loan if you have a poor credit score, but guarantor loans are changing that. As we come out of the coronavirus crisis, many of us are reassessing our finances and considering what is important to us, which is leaving many people searching for help from credit providers.

Consider guarantor loans during the pandemic

To help you, we’re giving you everything you need to know about guarantor loans before you approach a payday loan direct lender to secure the cash you need.

What Is A Guarantor Loan?

A guarantor loan can make a good alternative to a standard personal loan, particularly if you have poor credit.…

Continue reading

Tips for Setting Up a Food Truck Business

Food trucks have become quite a cultural phenomenon in the last decade. However, since the fallout from the global pandemic caused many restaurants to close or radically change their setup for social distancing needs, more people are considering turning to a food truck business rather than one in a set location with expensive rent.

Fancy food truck

If you’re thinking of launching a venture within the next year, here are some tips to help.

Do Your Research

It’s crucial to look into who your target market might be and where these people frequent. What kinds of foods do they like, what price points do they buy at, and what type of marketing appeals to them?…

Continue reading

How to Protect a Work Vehicle from COVID-19 Spread

Protecting yourself from the virus that shook up the entire world is tough. It gets more challenging when you are working and have to interact with people. Whether you are in business and have to pick up products, share your vehicle with other employees, or have customers in the car, there are always chances of a germ spread.

Hand disinfectant, face mark, glove

Credit: KlausHausmann Via: Pixabay

When you are on the road and focused on getting your work done, it can be tough to focus on keeping yourself safe, but it still essential. Here are some ways you can protect yourself and others around you.…

Continue reading

Covid-Friendly Work Party Essentials

The COVID-19 pandemic has had one of the largest impacts on businesses worldwide. Workplaces and stores have been forced to shut down and work remotely for the past year. However, as the vaccine becomes more and more readily available to the average person, many businesses and workplaces have started to open their doors again. Even with this, many employees are burnt out from having to work remotely for almost a year.

Outdoor office party during the pandemic

If you, as their boss, colleague, and friend, are looking to award them for their work and help them get back on track to start working in-person, consider hosting some sort of covid-friendly work party!…

Continue reading

Legal Ramifications of Corona: A Lawyer’s Perspective

Last year, the global economic growth was roughly 3.0% and the global GDP was estimated at around $86.6 trillion, according to statistics published by Statista. At the moment, the global GDP growth is down to 2.4%. It can potentially go even further down before 2021.

People wearing mask in public place

While this percentage may seem insignificant, it certainly isn’t. That’s because this less than-than-one percentage drop in global GDP amounts to $3.5 billion in lost economic output.

The coronavirus outbreak hasn’t just affected us financially. There are certain legal consequences many people aren’t even aware of. But that’s what we’re here to discuss.

To get a unique perspective on the situation, we talked to Bobby Gill, lawyer and wealth manager.…

Continue reading

The Corona Pandemic and the Heated Election: Which Industries Will Stay Afloat?

The economy was never going to be the same again with the outbreak of the coronavirus. We can all agree that the pandemic has had severe effects on the international economy.

Woman wearing mask

It has negatively affected the stock market and service industries like the travel and hospitality sectors. With all the travel restrictions and lockdowns in most countries, it was ever going to be business as usual. Even some of the most reputable firms have had to lay off workers to cut down costs. Several professional soccer teams had to convince their players to take a pay cut.

Unpredictable Future

If the coronavirus wasn’t enough, the 2020 elections came up to remind us that we aren’t yet done with the year 2020.…

Continue reading