2020 has been a funny old year so far, that’s for sure. The pandemic has lead to a global lockdown, and businesses of all sizes have been affected. Some have managed to pivot and adapt their product offering to an ever-changing market. Others have been left behind and are struggling or worse don’t exist anymore. One thing that has really come to light is the importance of digital opportunities. Let’s have a look at how digitalising your business is so important.
Thinking of starting a new business?
Whilst you may be thinking, surely now isn’t a good time to start a new business. We would ask, is any time really going to be the right time for you? Here are the reasons why now is the time to digitalise. The time to create a company that can be managed entirely online:
1. Lots of time on our hands
Whilst people are starting to go back to work now, there are still those that are furloughed and stuck at home. Why not use this as an opportunity to create a business plan and become more cost-effective? Think about how you could digitalising your business and make use of all the benefits that will bring.
2. Save money and time by digitalising your business
If you don’t have a regular stream of income from a job at the moment because you have been laid off, the best way to create value and save money is to run a digital business. By taking the time to lay the foundations now, this will put you in good stead for the future.
3. Preparing for another lockdown
Of course, none of us wants to find ourselves in a situation where we are in lockdown for the third time. Sadly this isn’t to say it won’t happen. The only way you can ensure your business is not affected again is if it can be managed digitally. This would mean it can be managed from anywhere in the world.
4. It will take time
Your new business isn’t going to be operational overnight, it is going to take some time to build up. If you put in the work now to digitalising your business, by the time things are returning to the ‘new normal’, you will have a new business ready for the emerging market.
Restructuring your existing business
Are you currently running a business that is struggling? Now may be the perfectd time to streamline your operations and increase efficiency. One major thing you can do here is to reduce the cost of your administration. Have you considered having a virtual office where there is the option to include call answering in your company name, mail handling and forwarding, and other administrative tasks?
Now may also be a good time to review your office rental agreement. At the beginning of the pandemic, there were loans handed out by the Government which helped businesses survive the initial few months of lockdown. What if you reduced this expense entirely though, and ran your digital business from a virtual office? With the added benefit of having a registered business address included within virtual office packages, this will help your business to look professional from the outset.
Now really is the time to take digitalising your business, particularly if you are seeing a reduced footfall within your physical shop. If you would like more information about how our virtual office packages can help to support your business, please contact us on 01205 809 222 or email firstname.lastname@example.org.