For a lot of businesses, both small and large, the COVID-19 pandemic has presented sudden challenges that they have never experienced before. All over the world, enterprises are struggling. While some have had to cut down on their size, others have completely shut down their operations.
In the U.S. between February and April this year, the number of active business owners dropped by some 3.3 million or 22%. This plummet spans across various industries and is a huge loss for the economy as well. The situation is worse for small businesses, mainly because there was no time to put their affairs in order.
Despite these challenges, there is light at the end of the tunnel, and to remain competitive in your industry, it’s important to consider all possible ways to boost your business.
Companies can take their survival into their own hands by putting certain measures in place to bounce back from the impact of the pandemic. No matter the size of the enterprise, here are a few ways to give your sales and bottom line a boost.
1. Cloud Solutions
When it comes to business growth, why not use the internet to increase productivity and effectiveness? With solutions like cloud services, data storage, and retrieval becoming easier, your business processes take much less time.
This solution does the heavy-lifting, and so there wouldn’t be a need for risky hard drives to keep and access information. This option is recommended because of the benefits it provides such as increased collaboration, communication, and security.
In order to make the most of the cloud, get in contact with your local experienced IT solutions company to set up a system for you. These companies will provide cloud solutions such as data processing and warehousing, web, and mobile applications that cater to your business’ specific needs to reduce your cost and maximize your profits.
In times like these, businesses have become more vulnerable to cyber-attacks, especially small businesses with minimal security.
These attacks and scams are mostly targeted at the finances of companies: funds that the companies are already struggling to manage. Apart from finances, the identities of employees and vital customer information are also at risk of being released where they should be kept private.
This only emphasizes why businesses, especially small ones, have to invest in cyber security systems. Customers are more likely to stick with your business if there is an assurance of privacy and protection of their information.
Voice Over Internet Protocol is simply described as accessing phone services using the internet. Basically, analog signals are converted into digital signals that can be transferred over the internet. Therefore, instead of using a local phone company, with an internet connection, you can still access phone services.
Many companies are using this option mainly because of the widespread use of the internet. It is also relatively cheaper and more efficient. Communication between employees and customers also gets better, due to mobility and lack of physical limitations.
If you’re looking to give your business a boost then it is prudent to consider all avenues that could lead you to your goals. No matter your industry and the size of your business, cloud solutions, cyber security, and VoIP are three things you will need to give your business a leg up during these times.
They offer versatility and flexibility, two things that the pandemic is teaching us to adopt. They are also cost-effective for the benefits they bring and will help you to manage the little resources you have until things get back to normal.