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❓ASK What is The Best Way To Make A Business Recover After The Pandemic?

Ben Kempton

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The pandemic is almost over in most of the countries and the restrictions that were involving pandemic have been removed. This means that now many businesses have the real chances of recovering from the financial issues and losses that were haunting them during the pandemic period. In the year 2020, strict lock down was imposed in many different countries. This made many businesses lose their financial strength and they were shut down. Even many big companies also went bankrupt in the process. So, how can such companies or businesses recover now? What are some of the ideas to recover?
 
Almost all the business were affected during the pandemic period which lead to the collapsed of many of them today. Some of the were given palliative from government or philanthropist to help them bounce back into business. Some have to layoff some staffs to reduce their cost.
yeah I noticed that so many business have really collapsed due to the inability for them to survive Through the tough times of the pandemic ,while some actually scaled through, but many were really struggling , because the pandemic was a set back to them I think
 
For those that have the fund to invest in promotion, it is a very good way to entice customers back and it will help the business to bounce back on time. Giving out promo is a very good way to recover back but it is also an expensive way of approach which not all business owner can do it after the pandemic.
yeah I believe since many of the customers are gone ,the best way to bring them back is by introducing better promotional strategies and means ,I think this could persuade them into purchasing from you
 
Some sensible government had no choice than to waive tax from most business for them to survive. The tax reduction was an act of encouragement to the business owner cause there is no way most of them can survive after the pandemic with any government support.
To be honest, some governments don't really care. There were many governments that didn't even give out any form of help to the business owners. The category of those that really suffered during the time included the salary earners.
 

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To be honest, some governments don't really care. There were many governments that didn't even give out any form of help to the business owners. The category of those that really suffered during the time included the salary earners.
its the salary earners that I actually even pity more , because they were really retrenched ,some were sack and others , breeding more problem and issues , most government doesn't care , because some were sacked and others
 
its the salary earners that I actually even pity more , because they were really retrenched ,some were sack and others , breeding more problem and issues , most government doesn't care , because some were sacked and others
That's the reason why a person must not really rely on a source of income especially from the private sector. Though I know some of other private sectors that didn't feel much pain as they solely depended on online to meet up with their needs during the pandemic.
 
That's the reason why a person must not really rely on a source of income especially from the private sector. Though I know some of other private sectors that didn't feel much pain as they solely depended on online to meet up with their needs during the pandemic.
some of the private sector business actually were affected ,some even went extinct to show how they were very affected , but I think later on till the pandemic slowly dies , but many private sector company were badly affected no doubt
 
some of the private sector business actually were affected ,some even went extinct to show how they were very affected , but I think later on till the pandemic slowly dies , but many private sector company were badly affected no doubt
The private sectors that went on extinction during after the pandemic include those ones that do not have cash reserve to prevent a situation like coronavirus and those that are not online oriented.
 
The private sectors that went on extinction during after the pandemic include those ones that do not have cash reserve to prevent a situation like coronavirus and those that are not online oriented.
i believe many of the firms were really struggling ,so this contributed to the struggles even after the pandemic time , there are probably some certain things you definitely have to consider ,in you trying to create a way to earn more money or cash reserves
 
One of the major effect of the pandemic was that it open way for online marketing and business to thrive. The use of online marketing to sell our products has been a very good channel to use, online business become so important to most offline business to survive.
Sure taking your business online has been the best way to triumph over pandemic effect. Many businesses during pandemic got customers online and made sales online. This type of method needs to be study by business owner.
 
Sure taking your business online has been the best way to triumph over pandemic effect. Many businesses during pandemic got customers online and made sales online. This type of method needs to be study by business owner.
that's exactly my plan tho , I believe taking your business online should be the best thing a business should first consider in the process of development ,all your customer cannot exist online you have to take your business offline too
 
Every business was terribly affected by the pandemic, however if you do it right you can regain your loses and get back on the right track. Start over again, create awareness, find ways to retain your clients.
 
that's exactly my plan tho , I believe taking your business online should be the best thing a business should first consider in the process of development ,all your customer cannot exist online you have to take your business offline too
Exactly! Someone has won the earth if taking his business online and offline because there's no other way to make sales except those two methods. However these methods need to be run professionally.
 
By getting back to the old customers and give that the incentives together with discount . customers are not easily to this you have to retake them to back to the normal business line.
 
No one envisage the coming of Corona virus. It met the world as a shock. That's the reason that up till now, its origin and how it started has not really being proven. What we have is the blame game between countries just because none of them was ready to take the blame.

I think that pandemics have struck the humanity in the past as well. However, the Covid-19 pandemic struck us at a really different (modern) times. Regardless of that, i think that we must now learn our lessons and try as much as possible to deal with the conditions in case we face similar conditions in the future.
 
For a business to recover after being hit by such a pandemic it needs first to have enough capital. Maybe from the savings that it previously had, the provision of government grants or from taking loan. Secondly, a business needs to have a good reach for customers. Online advertisement and selling is best for the post pandemic period. Which will also require to offer delivery services.
 
It was actually true that many people and businesses suffered during the pandemic and many of them could not recover and had to force to close their business. But those that survived has to get bailout funds from the bank or government....
 
Every business was terribly affected by the pandemic, however if you do it right you can regain your loses and get back on the right track. Start over again, create awareness, find ways to retain your clients.
To start all over again has made some people given up on their business. I won't blame them much as it may be very difficult starting all over again. But with enough capital and the right strategies, we can still go to the drawing board to start all over again.
 
After the pandemic and many businesses were ruin and many of them could not continue as a result of inadequate finance and resources. Many of them who were oppourtuned have to get bailout funds either from the bank or the government of their country....
 
It was after the pandemic that most business owners started feeling the importance of having an insurance policy. Some even depended on cooperative society before they could start all over again.
 

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