April 06th, 2020
Watch this news segment from CTV Saskatoon.
The way business is structured is going to change. This CTV segment centres around restaurants. From what I have been learning is that it will be same for all industries. The shift began before the pandemic and now it has accelerated the curve of a new way of doing business.
As one restaurant owners states in the segment that "no one is going to want to be in a crowded space for a very long time." What would this mean for your business?
As we look at our business structure we need to take a realistic view of how things may look in 3, 6, or 9 months or even a year from now. How are you going to adapt for the changes in the future?
Start to experiment with new ideas for your business: new products, new services or maybe put a new spin on something that you are currently doing. Brainstorm with others for ideas - take some time to do some research on how you can make these ideas possible.
Clean up what you can control: What areas of your business have been neglected? Now is the time to re-do, renovate and repair areas of your business that have been demanding your attention.
It's is encouraging to see the social media posts about supporting local business - I hope this translates to dollars spent locally.
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