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The coronavirus outbreak has affected many businesses throughout the nation, with many companies scaling back their operating hours or indefinitely shutting their doors. If you own or manage a small business, you might want some advice on how to stay financially afloat during this public health crisis. Here’s a closer look at how to navigate business management and economic development as the country battles against the spread of COVID-19.

4 Business Management Tips During a Public Health Crisis

1. Communicate Clearly 

One of the best ways to mitigate loss of business during these unprecedented times is by communicating clearly with your customers and clients. Let them know how you’re responding to the crisis, and inform them of any changes you might make to inventory, hours of operation, delivery availability, and how your company interacts with them.

2. Establish Teleworking 

economic developmentTeleworking promotes social distancing, which minimizes the spread of the virus and will prevent you from losing revenue due to employees or clients getting sick. If you haven’t already, form a plan to allow your employees to work from home with everything they need to perform their roles while staying safe. Schedule meetings with workers and clients on videoconferencing apps such as Skype or Zoom.

3. Adjust Business Practices

You might need to change certain business practices due to a lack of in-person sales and physical access to goods and services. Start by prioritizing your existing clientele and making changes that will keep their business. This may mean offering discounts, free delivery, or temporarily suspending memberships.

4. Find Alternate Suppliers

Certain goods, such as paper products, dried foods, and cleaning supplies, may be difficult to keep in your inventory, so find alternative suppliers. Schedule more frequent deliveries and restocking so that your customers can find what they need and you can continue your daily operations. 

 

Keep your small business thriving during difficult times with help from South Fulton Chamber of Commerce Inc. This organization offers economic development, networking, advertisements, and events for businesses in Union City, GA, and South Fulton County. Call (770) 964-1984 to ask about small business opportunities and strategies for economic development. Visit the website to learn more about the perks of becoming a member. 

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