Business

5 Ways Small Businesses Can Grow During a Crisis

2022-03-22
Syed
Syed Balkhi
Community Voice

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Impact of a crisis like the pandemicAnastasiia Chepinska/Unsplash

The impact of the current pandemic has fallen hardest on small businesses and individuals worldwide. The number of business owners fell from 15 to 11.7 million between February to April 2020 because of health and economic issues related to COVID‐19.

However, recovery is happening as the current standards become the new normal. Small businesses can once again find their footing and grow as long as they adapt to new ways of running their businesses.

In this post, we’ll explore different steps a small business can take to survive and grow during a crisis.

Here are a few tips that can give you ways to find customers and continue making sales.

Review your business’s position

The first critical step to take is to know where your business stands. Only when you fully understand your situation can you take the following steps forward.

Sit down and start chalking up everything that has happened this year, the positives and negatives. Here are some things to consider:

Try to add the necessary details concerning how the crisi has affected your business operations. Face losses of all kinds with rationality and a clear head. You may find that you can continue your operations as usual or that you may need to pivot altogether. You’ll only know when you have information.

Boost your local SEO

Searches for local businesses have grown exponentially since the start of the pandemic. People are looking for companies and products nearby because traveling is limited to the area around their homes.

When there’s a crisis, a critical step for you is to optimize your web presence by adding relevant information about your business online. And it would be best if you did this from a local standpoint. Here are a few ways to do this:

Carrying out local SEO will make your business easy to find. Done correctly, optimizing your brand for local search results can rapidly grow your business.

Leverage social media content

We learned that you could boost your local SEO by adding relevant information to your social media profiles in the last section. You also need to use social media to reach out to people in other ways.

Start by being aware of the best platforms for your business to operate on. There are numerous social networks in use today, and the same content won’t work well on all of them. Instead, focus on creating top-notch content for the top platforms where you can find your audience.

First, ascertain your target audience, and you’ll know what platform to focus on and what kind of content to make. For example, if your target audience is the younger demographic, creating video content for Tik Tok, Snapchat, and similar platforms is critical. But if your customers come from the B2B arena, then places like LinkedIn are better suited for you.

Another critical tip is to post content daily, if not more often than that. Regular content shows that you’re active and helps you get greater engagement with your audience.

Move your activities online

If you haven’t already done so, it’s critical to move your business activities online. This means different things for different businesses. When moving your activities online, here are some things to consider:

Moving your work online is a necessary activity today. It may be the only way to keep your business alive when a crisis happens. Define the purpose of your website and look at the tools you need to make that purpose actionable. You’ll save money as you use digital resources rather than physical ones.

Get support from institutions

A final suggestion is to reach out for the support you can get from your trade associations and governmental bodies. For example, the US Small Business Administration offers funding options to help you retain employees, manage loss, access funds, and more.

In the UK, trade bodies for sectors like Housing, Fashion, Exports, and others provide helpful information to their members and enable them to find support during the pandemic.

A time of crisis is a time to be proactive with information. Reach out and ask relevant authorities, your network, trade associations, and your community to guide you with helpful information.

Conclusion

A challenging task for many small businesses is to switch to online operations. They have to create websites, do digital marketing, and find the right tools for payment management, customer support, inventory management, and more.

These tasks may seem overwhelming, but it’s critical to keep building your online presence. Listen to customers and note their frustrations. Your small business will grow even amid a crisis when you find answers to their pain points.

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Syed
Syed Balkhi
Syed Balkhi is on a mission to level the playing field for small businesses. 19+ million websites use his software to grow and compet...