How to Help Your Small Business Thrive During the Coronavirus by Elena Stewart

This is a guest post by certified life coach, Elena Stewart

Itā€™s no surprise that the coronavirus lockdown is having a major impact on small businesses. As many retailers have been forced to close and consumers are hesitant to spend on non-essentials during this period of financial uncertainty, small businesses are struggling to stay afloat. Despite these setbacks, thereā€™s a lot business owners can do to drive sales and prepare for reopening. From short-term cash flow strategies to in-store improvements, here are some effective ways to keep your business going during the pandemic.

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Learn from Your Competition

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Look for businesses that are managing to get by during the pandemic to find out which strategies might work for you.

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  • Small business retailers are driving immediate revenue by promoting gift cards, offering pre-orders, and discounting underperforming products.
  • Restaurants have shifted their focus to take-out and delivery services.
  • Service-based businesses are pivoti
  • ...
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