• My Profile
  • Member Login
Ohlelo
  • News
    • National News
    • More news
  • Sports
    • Sports News
    • More sports
  • Issues
    • Education
      • UVA
    • Environment
      • Climate change
    • Gender and Sexuality
    • More issues
    • Race and Ethnicity
      • Racial justice
    • Women’s Issues
  • Health
    • Covid-19
    • More health
    • Self Care
  • Interests
    • Blogging
    • Business
      • Digital marketing
      • Entrepreneurship
    • More interests
    • Motivational Speaking
    • Nature
    • Technology
  • Entertainment
    • Humor
    • More entertainment
    • Podcasts
  • Lifestyle
    • Food and Drink
      • Baking
      • Cooking
    • More lifestyle
    • Shopping
    • Social Media
    • Travel
No Result
View All Result
  • News
    • National News
    • More news
  • Sports
    • Sports News
    • More sports
  • Issues
    • Education
      • UVA
    • Environment
      • Climate change
    • Gender and Sexuality
    • More issues
    • Race and Ethnicity
      • Racial justice
    • Women’s Issues
  • Health
    • Covid-19
    • More health
    • Self Care
  • Interests
    • Blogging
    • Business
      • Digital marketing
      • Entrepreneurship
    • More interests
    • Motivational Speaking
    • Nature
    • Technology
  • Entertainment
    • Humor
    • More entertainment
    • Podcasts
  • Lifestyle
    • Food and Drink
      • Baking
      • Cooking
    • More lifestyle
    • Shopping
    • Social Media
    • Travel
No Result
View All Result
Ohlelo
No Result
View All Result
Home Interests Business

Covid-19 business survival: the expert guide with 5 key tips  4.9/5 (5)

Worried about your small business surviving the Covid-19 pandemic? You’ve come to the right place. Here’s the complete and concise five tip Covid business survival guide.

by Deven Upadhyay
12/18/2020
in Business, Covid-19, Entrepreneurship, Interests
0
95
VIEWS
Share on FacebookShare on Twitter

Worried about your small business surviving the Covid-19 pandemic? You’ve come to the right place. Here’s the complete and concise five tip Covid business survival guide.

Dash for cash

Make sure to hold onto as much cash as possible. You need to collect cash on your invoices and your signed contracts. Revise your contracts to include “act of God” clauses (force majeure).

Invest in relationships

Ensure that your relationship with your customers does not fade. Keeping a loyal and intimate customer base is vital to promoting the survival of your business during Covid.

Give credit some credit

In the short run, don’t feel bad about taking credit. Things will take time to get back to normal so if you need a loan to keep your business afloat, do what needs to be done. As long as you follow all of these tips, you can manage the likelihood of you defaulting on your loan and surviving and thriving for the long term.

Keep colleagues close

Make sure that you keep your colleagues “in the know” about the immediate future of your business. Be sure to give them an update on the new hours and expectations that they’ll have to deal with during Covid. Also, give your colleagues a rundown on preventative safety procedures in the workplace (if they’re not working remotely).

Communicate about your business

Reach out to key stakeholders and carefully craft an effective press release so that your base knows that your business is persevering through Covid. If you’re not savvy with communication yourself, pass the baton to someone who is for the sake of your business.

The keys to Covid-19 business survival

If you follow these five crucial tips properly, your business will have a fighting chance at surviving (maybe even thriving) during Covid. There are a lot of business trends that are likely to survive the pandemic, so keep those in mind to position yourself for the future. And by the way, if your business is a restaurant, see this guide to making restaurants Covid-compliant.

Questions about business resilience for discussion on Ohlelo:

  • How has your small business been faring through Covid-19?
  • Are you afraid to take a loan for your business? Why?
  • What are the pros and cons of working remotely?
  • What are your best tips for Covid-19 business survival?
Start a discussion about business resilience on Ohlelo!

Check out Vusi Thembekwayo’s YouTube channel for more great business tips. We invite you to check out our Entrepreneurship and Covid-19 homepages for more great related content!

Please rate this content (1 star low -> 5 stars high):

Source: Vusi Thembekwayo’s YouTube channel. Photo by visuals on Unsplash
Tags: businessCovidentrepreneurshipresilienceSurvival
Previous Post

The funniest moments of Donald Trump – really!

Next Post

The guide to getting better sleep

Next Post
Getting good sleep is one of the most important things you can do for your health, read more to find out how to maximize your resting hours!

The guide to getting better sleep

Please login to join discussion
  • Trending
  • Comments
  • Latest
Blogging: how to share what you know online, create a blog people want to read and get people reading it (in under 10 min) WITHOUT any tech skills required!

Start blogging in 10 minutes, WITHOUT any tech skills!

01/12/2021
 5/5 (2)
Do you want to share your views online but don’t know where to start? Try Ohlelo, the easy way to start blogging quickly with no tech skills required!

Over 50? Start a blog in 10 min (even with no tech skills!)

01/04/2021
 5/5 (3)

How has covid changed the future of digital marketing technology?

02/10/2021
 5/5 (1)

How did your marketing strategies respond to COVID-19 and how do you see that changing post-pandemic?

02/09/2021
No ratings!

NBC News Now: NASA Rover Trip to Mars

02/24/2021
No ratings!

New covid restrictions as cases spike at UVa

02/24/2021
No ratings!

Congress moves ahead with Trump impeachment

02/24/2021
No ratings!

In your opinion, who will secure a place in the top 4 in the Premier league and why?

02/24/2021
No ratings!

Top posts and pages

  • Discuss your passions
    Discuss your passions
  • The best dentists in Albemarle County
    The best dentists in Albemarle County
  • Posts
    Posts
  • Review of the Travis Scott Burger
    Review of the Travis Scott Burger
  • Halloween Dessert Recipes you NEED to Bake this Fall
    Halloween Dessert Recipes you NEED to Bake this Fall
  • Privacy Policy
    Privacy Policy
  • Elephant tourism in Thailand: all you need to know
    Elephant tourism in Thailand: all you need to know
  • Fabrizio Romano on how Coronavirus has Impacted the World of Soccer Transfers
    Fabrizio Romano on how Coronavirus has Impacted the World of Soccer Transfers
  • Get perfect cupcakes with a few easy tips!
    Get perfect cupcakes with a few easy tips!

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
  • About us
  • Cookies Policy
  • Privacy Policy
  • Terms and Conditions

© 2020 Ohlelo is a trademark of Conflux Media, Inc.

No Result
View All Result
  • News
    • National News
    • More news
  • Sports
    • Sports News
    • More sports
  • Issues
    • Education
    • Environment
      • Climate change
    • Gender and Sexuality
    • More issues
    • Race and Ethnicity
      • Racial justice
    • Women’s Issues
  • Health
    • Covid-19
    • More health
    • Self Care
  • Interests
    • Blogging
    • Business
      • Digital marketing
      • Entrepreneurship
    • More interests
    • Motivational Speaking
    • Nature
    • Technology
  • Entertainment
    • Humor
    • More entertainment
    • Podcasts
  • Lifestyle
    • Food and Drink
      • Cooking
      • Baking
    • More lifestyle
    • Shopping
    • Social Media
    • Travel
  • Add a post now
  • My profile
  • Member login

© 2020 Ohlelo is a trademark of Conflux Media, Inc.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist