When the coronavirus pandemic was announced in March, shops closed their doors and many other businesses have to permanently stop their operations. It was a huge blow to a retail industry that has been on the continued rise for the past couple of years. Never before has anyone questioned the success of the retail industry.
During the onset, at its height, and up until today, it was business as usual for millions of companies, manufacturers, and sellers as they all find ways to continue operations amid the COVID-19 pandemic. These determined entrepreneurs actually thrived amid the ongoing adversity that is COVID-19. Thanks to them, billions of people around the world
E-commerce is expected to grow to $6 trillion by 2022. That’s how robust the industry is. It barely suffered a dent despite the pandemic. The industry has even benefited from the lockdowns when most people had to do their shopping online. Yes, there’s no stopping e-commerce. And if you’re already a stakeholder in the industry, you have
Don’t Let Financial Problems Stop You A nine-to-five job is a stable income source, but starting a business is a faster way of earning more money. When you earn more money, you become more capable of saving for the future. Plus, you are paving the way towards gaining financial freedom sooner than waiting for your
It’s true that companies did save money when remote work became an inevitability at the beginning of the COVID-19 outbreak. After the initial cost of helping everyone establish work stations at home and equipping them with the proper software, the costs went downhill. While that’s true at the beginning, it certainly isn’t in the new normal.
Entrepreneurship can be as profitable as it is risky. Transitioning from being a full-time employee to being a full-time business owner shouldn’t be taken lightly. While you will enjoy more control of your schedule, you also bear accountability for any failure you experience in the future. This is why preparing your finances is one of
In a globalized and hyper-connected world, companies need to recognize the importance of remote work. Allowing your employees to work from anywhere in the world makes them more productive. In turn, it also benefits your business. It comes with a price, though. When employees work from their homes, coffee shops, or any other location in
Normally, renovating commercial properties can be tricky because it has to be timed properly. A lot of businesses and companies don’t like the idea of closing for an indefinite amount of time. Although the pandemic has caused a lot of issues, one advantage to it is that it gives you an opportunity to do some
Small business owners often take their employees for granted. Many businesses focus on crafting the best solutions to their customers’ problems. In short, they believe their offers and their clients are on top of their priorities. This usually leads to them investing more in client acquisition and retention while ensuring the quality of their offers.
The coronavirus pandemic has affected tons of businesses in the US, including small enterprises. If you own one of these small, local businesses, you’re probably looking for ways to bounce back. One way to do it is to embrace product delivery or contactless in-home services. But how can you do it if you don’t have
