Adjusting Your Business for a Second Wave of Coronavirus: A Guide

With the winter drawing in, more and more people are choosing to spend time inside, socializing within their homes, or in cafes, bars and restaurants. This has been shown to have an adverse effect on coronavirus control, which means that a second wave is very much underway – both in the US and across Europe. With this in mind, and local lockdowns potentially imminent, here are some tips to help your company navigate the second wave safely and effectively this winter.

Safety

The safety of your staff, clients and customers should be paramount for your business. This might mean making difficult or expensive decisions in the coming weeks – like closing your doors to visiting customers and selling your products online, or asking your employees to work from home in order to reduce the risk of transmission in your business. To ensure you’re being as careful as you can, follow all of the guidance that you’ve seen regarding coronavirus safety, and keep an eye on developments at the federal and state level regarding new measures that might impact upon your firm.

Remote Work

Some firms are better suited to remote work than others. For instance, those firms that work in an office, with several desks of workers using computers to complete their daily tasks will likely find it easier to take that work into their home. Those businesses that rely on physical labor or other in-person jobs are likely to struggle to enact remote working.

Communication

There has never been a more important time for business communication. You’ll have been getting used to Zoom meetings and calls – even business deals conducted virtually have become the norm in 2020. But, when it comes to internal communications, are you following the advice of business leaders across the world? Click here to learn about communication best practices, and what you can learn from some of the most successful companies on earth – and how they tend to communicate between staff. After reading this e-book, you’ll know how to adjust your firm for remote working while keeping the morale of your team high.

Savings

Usually, the winter is a promising time for businesses. In retail, the run-up to Christmas is seen as a welcome sales boost after the fall, giving companies a cash injection to see out the year with. This extra liquidity in the economy tends to impact upon other businesses too, which are able to invest a little more in their operations, and make more sales and deals. Unfortunately this economic boost looks unlikely this winter, and so it’s a smart move for businesses across the country to take stock, make savings, and reduce overheads in expectation of a winter with record low sales and profits.

Long-Term Planning

While the near-term outlook might be bleak, there is light at the end of the tunnel. For most people, the coronavirus crisis will likely be over in 2021, which will bring a new-found prosperity and consumer spending surging back. This means that you shouldn’t fall into a doom and gloom trap – instead, it’s wise to begin making plans for when consumer spending is less throttled. Your business can get a head start once the vaccine is out and the crisis is over – so make those plans now to make the most of the coming sales boost.

There you have it: some savvy tips to help you navigate through the second wave of coronavirus this year.