How to Get Through the Tough Times of Running a Business

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How to Get Through the Tough Times of Running a Business?

Transcript of How to Get Through the Tough Times of Running a Business

Page 1: How to Get Through the Tough Times of Running a Business

How to Get Through the Tough Times of Running a Business?

Page 2: How to Get Through the Tough Times of Running a Business

As the extreme pandemic effects of Coronavirus are spreading like wildfire across the world, Governments and

organizations are responding with innovative survival techniques to confront the operational and financial

challenges of business. During the primary 21 days of lockdown, and subsequent days of running lockdown have

forced citizens to stay at home, and continue to run the business operations remotely through work from home

culture.

Methods to Tackle the Effects of Lockdown in Running a Business

Page 3: How to Get Through the Tough Times of Running a Business

Automated Customer MonitoringIssues arising regards to customers can be addressed

directly by rendering automated responses to the specific target audiences. However, in case it remains unsolved, it is

then raised to the dedicated customer support team assigned for specific departments for assisting the clients. Thus, to monitor the problem, a ticket must be raised to

track the status. This tracking procedure can be easily be automated through the implementation of CRM software.

Page 4: How to Get Through the Tough Times of Running a Business

Integration of WebsitesNow, when a CRM application is integrated with the business

process, it assists the sales team to directly address any product or service related query through the CRM itself. A

prospective client showing interest in the company’s website, and its specific products or services can submit an

inquiry instantly through the website’s form or link.

Page 5: How to Get Through the Tough Times of Running a Business

Automating Social Media PlatformDue to the digital advancement, nowadays prospective

target audiences reach the business houses through different social media channels other than emails. So, social media

platforms have turned into a powerful communication method, wherein interested clients can easily interact with

the concerned business.

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Monitor Fiscal AmendmentsFor maintaining the financial and operational balance of a business, it is necessary to identify the economic up and downs. Thus, in case of a recession or a severe economic degradation, the business owners must brace themselves

and stay updated with the latest industry information.

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Accept TransformationTo cope up with the challenges posed by the business rivals, it is necessary to accept any transformation changes that are

being inducted in the organization. These changes can be innovative technological implementations, and modification

of products or services to face the competitive challenge optimally.

Page 8: How to Get Through the Tough Times of Running a Business

Thank You!

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