Reviving your business after enduring Covid-19 crisis II
Customers Relationship for business revival after the crisis
Keep an eye on your finances on a daily basis. Business, like the rest of the world, is evolving at a breakneck pace. Maybe everything in your business is in order now, but half of your customers may go tomorrow: your product will lose its value to consumers, or you may simply run out of money. Postpaid businesses are particularly vulnerable. Consider this scenario: you've established production, the goods are being shipped, and instead of money, a notification came from the client about a request to postpone the payment date; if there are several such clients, you'll have a cash gap; you won't be able to buy raw materials, and you won't be able to pay salaries. As a result, it is preferable to move clients to at least partial prepayment. And no one has canceled personal correspondence: Always inquire about your client's well-being.
Reconsider employment policy:
Do you truly need 10 sales managers, or will six suffice? You must consider the lower customer flow. Human resources are, without a doubt, the most precious, especially if your company is in the service industry. Decide who you can rely on to restore everything and who you won't be able to rely on. Ballast is instantly visible during difficult times; personnel or even entire departments who do not provide real advantages do not assist the organization in getting through a difficult phase. If you notice something like this, feel free to leave and relieve the company of tremendous weight. Because the labor market is now overflowing with qualified specialists, you should have no trouble finding a suitable successor.
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