{"id":2781,"date":"2020-04-21T04:37:34","date_gmt":"2020-04-21T04:37:34","guid":{"rendered":"https:\/\/www.thelabelcollective.com\/?p=2781"},"modified":"2022-08-24T22:32:19","modified_gmt":"2022-08-24T22:32:19","slug":"well-now-what-rethinking-how-your-business-can-get-ahead","status":"publish","type":"post","link":"https:\/\/www.thelabelcollective.com\/well-now-what-rethinking-how-your-business-can-get-ahead\/","title":{"rendered":"Well, Now What?: Rethinking How Your Business Can Get Ahead"},"content":{"rendered":"

As a progressive business, you\u2019re not alone in wondering about those \u201cworst-case\u201d scenarios you always said you\u2019d plan for. What if the clients all go away? What if the customers disappear? Depending on your financial situation, these are difficult questions. For business owners, it\u2019s one that may come with tough decisions, like letting go of some of the best talent on their staff \u2014 not because they were terrible at their job, but simply because your financial situation couldn\u2019t support keeping them.\u00a0<\/span><\/h4>\n

 <\/p>\n

\n

 <\/p>\n

In the time of COVID-19, none of this is comfortable to talk about. Nobody is unaffected. Not to mention, that no one can predict what the rest of 2020 holds. We also have to acknowledge that not every crisis situation lasts forever. The sun will come out again and we will regrow our economy and communities, perhaps even stronger than they\u2019ve ever been. That\u2019s why it\u2019s important to be ready <\/span>today <\/span>to help position your business in a more positive place tomorrow<\/span>.<\/span><\/p>\n

 <\/p>\n

Prepare For Your Time to Shine<\/h3>\n

If everyone had the time to pause and reflect on challenges in their business and industry, the world would be a much more brilliant place. What if you were told you could use this time outside of the office to build upon your best ideas and bring them to life?<\/span><\/p>\n

Despite popular sayings that \u201cidle time makes for the devil\u2019s workshop\u201d, there are some pretty significant contributions to our existence that seem to prove the opposite. <\/span>In 1665, when the University of Cambridge temporarily closed due to the bubonic plague<\/span><\/a>, a young Isaac Newton used his time at home to develop what would become modern-day calculus and sat beneath <\/span>that<\/span><\/i> apple tree to ultimately discover the theory of gravity.<\/span><\/p>\n

Now could be your time to shine. To make lemonade out of lemons. After we all find our own form of zen and reluctantly accept that we\u2019re living in \u201cthe new normal\u201d, the most positive thing we can do is take a step back and figure out what\u2019s actually important.<\/span><\/p>\n

Before we dive in, there\u2019s one important disclaimer. Now\u2019s not the time to operate like the Wolf of Wall Street (let\u2019s be honest; that whole thing didn\u2019t end well, anyway). Often the best and most impactful ideas are small and scrappy. They are ideas brought to life creatively with the resources that you have. So with that in mind, let\u2019s get started.<\/span><\/p>\n

 <\/p>\n

Get Ready to Bounce Back After Losing Customers<\/h3>\n

A significant reduction in sales or an empty store is not only bad for your bottom line, but can be deflating as a business owner. When your physical location is dependent on being open to the public to generate revenue, you\u2019ll need to find creative ways to attract your audience and keep customer attention.<\/span><\/p>\n