Baha Abhari, Business-Team

Economy in general & our financial stability will be divided into pre Coronavirus & after CoronaVirus. Economic impacts of pandemic will be creation of new opportunities for those who face challenges & prepare their businesses in this new era. We will see abundance of bankruptcies, business closures & increase in retail & office space which means great opportunistic buys & consolidations.... Time for growth through new acquisitions. Money is abundant, business plans are scarce. Time is our greatest enemy!

We at LINK Business recommend the 3 P's approach to a successful relaunch: Plan for the safe return of your customers and employees Prepare the physical location of your business for Social Distancing practices... Publicize your plans and have a special Welcome back offer ready Planning your reopening is critical. You must consider your employee and customer safety concerns. What raw materials do you need and how much time is necessary to get production and products ready? Are your credit terms with suppliers still intact, etc. Employers should also check the OSHA and CDC websites regularly for the latest updates. https://www.dir.ca.gov///Health-Care-General-Industry.html Preparations for your physical location, workstations, shipping & receiving, and customer areas need to be developed and reviewed. How do you plan to communicate your reopening plan with your customers and employees? Think about what happens on day ONE, what if you have a line of customers wanting to buy or return items or services. Are you ready to accept payments and deliver services? Publicity is your friend! Promoting that you are ready and open for business and explaining the steps you have taken to assure customer and employee safety is critical. Prepare photos and videos of what your location looks like given "Social Distancing" considerations. Communicate the Product and service precautions you have created to make the customer experience extraordinary. Having a sale, discount or a special offer ready to create traffic is also a good idea. This is just the beginning of a new era Post Pandemic and LINK can provide you with current and up to date information about what others in your Industry and Geographic locations are doing to get ready. I can provide you a complimentary version of the latest IBIS World report on Covid-19 and what world-class experts are recommending Business Owners consider as you make these crucial decisions to prepare to re-open your business. Click reply and request a report or click on my scheduling link and let us get on the phone for a quick update. We are all in this together and please remember that I have an exceptionally large referral network and can possibly find you a resource for any issues that you may need assistance with.