The economic impact brought by the COVID-19 pandemic raises a number of concerns and certainly the pressure most small businesses face. Many brick-and-mortar stores are being forced to into temporary closure because the products they sell are no longer top of mind or property cannot adhere to the social distancing regulations imposed by local governments.
And while some business struggle, a small number of businesses are experiencing a spike in sales. For example, companies selling hand sanitizers, gloves, masks and other virus-related products are finding it difficult to keep stock on the shelves.
If you’re operating one of the many business with a downward sales trend, there are a number of strategies you can use to dealing with potential threats to your business. One of the most important is building a Business Continuity Plan (BCP). In this infographic, we have outlined how a BCP, including some strategies that can help you address and solve some of the challenges that could go along your way as this pandemic progresses.
Instead of focusing your time in developing the perfect game-plan to handle this crisis, (which is impossible) you should engage more with your customers and not lose contact with your business partners and vendors, to continue a smooth-flow of operations. With the use of these tactics and the right message, you can still manage your business efficiently as well as provide the same quality service to your customers.