How your small business can thrive in the last phase of COVID-19

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If you’re one of the countless small businesses that have suffered because of COVID-19, know that hope isn’t lost.

How your small business can thrive in the last phase of covid-19

It’s hard enough to get a small business off the ground at the best of times, so it’s unsurprisingly a downright struggle to do so with a pandemic wreaking havoc in the world and the economy. Although we’re finally able to see an end in sight, a lot of damage to small companies has already been done.

If you’re one of the countless small businesses that has suffered because of COVID-19, know that hope isn’t lost. In fact, there’s no dearth of resources that can help you survive and maybe even grow during this dark time. So don’t give up just yet, and take a look at these tips from Lyftrondata on how to help your business survive.

There’s help when you need it.

COVID-19 has been brutal on small businesses, and if you’re finding yourself in dire straits at present, it’s sadly not an uncommon scenario. However, there is, in fact, plenty of help to be had out there, including financial help.
  • You’ll find that there’s plenty of relief for small businesses that can potentially help.
  • Know that most relief programs will require you to have your annual report (which includes details about your leadership and mailing address) filed with the state to be eligible. An online formation company like ZenBusiness can take care of this task for you.
  • Consider signing up for an online training session or two to be better equipped to navigate the current changes in the business world.

Adapt, reset, repeat

Of course, what you do to navigate the current situation is still the be-all and end-all of your small business’s survival. The fact is we’ve established a new normal over the last year and a half, and many of the changes we’ve seen will stay in place for the foreseeable future. So, you need to roll up your sleeves and get to know all the ways in which you can adapt accordingly.
  • Take a look at the major business trends caused by the pandemic and learn how to respond to them.
  • Of course, there’s more than one way to make sure that your small business adapts to the COVID era, so take measures that pertain to your particular industry.
  • You’ll likely need to create a more resilient business model, too.

Leverage available resources

As daunting as it might be to adapt and do business in the new normal, know that there’s no shortage of tools and resources to help you get things done. Choose the right ones to fortify your business arsenal, and you’ll be more likely to succeed during the pandemic and beyond.
  • Take advantage of Google’s small business marketing toolkit to really reignite your business’s growth.
  • Research has shown that consumers are excited about supporting local, independent businesses in 2021 and beyond, so make local marketing a priority.
  • Utilize robust digital analytical software from developers like Lyftrondata to optimize Agile processes, including data sharing and data warehouse management.
  • You’ll need a great roster of tools and apps that support your small business operations, productivity, and more.
  • Don’t forget to peruse online job boards to find the best talent to help keep your business moving onward and forward.

While we’re finally starting to emerge from the chaos of the pandemic, many small businesses still have work to do to get their companies back on track. These resources will help see your business through to better times.

Lyftrondata helps analytics teams to find a balance between traditional ETL-heavy data preparation and agility to find, connect and use any data without delays. Contact us today to see how we can help you succeed! 1-855-LYFTRONDATA (855-593-8766)

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