New Innovations in Business During Pandemic Everyone around the world is hit hard from covid-19. This pandemic not only causes fear among people, but it has affected business badly. This pandemic has forced us to think in different ways and bring new ideas for the new environment we are in now. We need to adopt new innovations in our business to make it successful. Adopt New Methods: We need to adopt new strategies for a successful business. We have many options in this form; we can make our business digital. We can use online payment and delivery methods. Advertise your business through live streaming, and increase your market value. Improve customer service: Try to respond to your customer queries quickly so that you can build your trust. Make a chatbox on your website for direct communication, and help your customers as soon as possible. You and your team should be flexible, understanding, and responsive to the challenges imposed by this pandemic. Keep informed your customers about any changes you made in your plans. Have Hope and Worry Less: Sometimes we can’t change our situation, but we can change our attitude towards the situation. We shouldn’t lose hope; it can panic us, and can worsen the situation. It is difficult for a stressful person to manage things wisely and efficiently. Get Support wherever you need: UK government is providing support to businesses, in the form of tax relief loans and grants. You can check your eligibility for financial support to pay wages as well. Self-employed individuals may be eligible for a taxable grant that covers up to 80% of trading income. If you want tax services Account Ease (AE) can make it easy for you. Online Business: You can make your website and start selling your goods with contactless deliveries. You need to change your business module to fit in this pandemic. Advertise your business through digital media. Take advantage of the technology, and hire an online accountant or team who can help you to run your business without any hassle. You can hire Account Ease (AE) for your business accounts; we make it easy for you whether you are a freelancer or a businessman. Arrange a free video consultation with an Accountant local to you. COVID-secure Workplace: You need to educate your staff about the pandemic, and how they can stop the spread of this virus. Sanitize your workplace at the end of the day, provide hand sanitization and disinfectant in the workplace, and make sure everyone is following the rules. Don’t panic your staff. Make communication easy and friendly. Encourage your Team: You need to encourage your team and help them wherever they need. If they are working remotely try to communicate and socialize remotely. Send sincere messages checking in on their wellbeing and how they’re doing through this trying period to show concern and support their efforts and help them where ever they need. Show your employees that they are well-cared and their jobs are secure. It is important to know that your team atmosphere may need to shift as a result of some of us working remotely and juggling parental responsibilities. The most important aspect of leadership is to ensure that workers feel cared about and empowered to look after themselves and their families. Create Organizational Cuts: Whenever any organization or business faces a crisis they cut their budget down by 2% or 5%. But it’s not wise to cut down the resources without looking at the aftereffects. Organizations need to cut their budget according to their need. You can cut the budget for real estate if all of your employees are working remotely and you don’t need an office or building for your work or meetings. Be Brave and Stay Calm: We know that this time will pass one day. Our challenge is to face this situation and be successful. This time has pandemic has given us one more thing; we can try our ideas and do new experiments. It will help us learn new things new innovations in the market. Challenges are new but the spirit is evergreen. We will survive as individuals. As a business, we will be driven by our values. Grow your business with Account-Ease: We want to help our customers in this tough time. By allowing our clients to stay at home and stay secure, Account-Ease creates a Covid safe atmosphere. You don’t need to carry a stack of paper or invoices to our office. You can either mail it to us or give us scanned papers, and we’ll take care of the rest. Our services: Day to day Bookkeeping Services (also weekly and monthly) Annual accounts and Tax Filing Self-Assessment Tax returns Accounting Services for Small Businesses VAT Services Payroll Services Management Accounting
