There is no denying that 2020 has been a strange year, on both a personal and professional level. Lockdown, social distancing and worry about employment has definitely had a big impact on many businesses and could leave you feeling like this year has been a complete disaster. However, for many businesses there is still time to turn this around and look at ways to make the most of the last few weeks of 2020.
Ways To Make The Most of 2020
Up Your Social Media Game
Social media is definitely a long term investment into your business, so don’t expect to see results overnight. That said, if you are experiencing a quieter time within your business then it is an investment worth making. While business is quiet, rather than sit with nothing to do, use your time wisely. If you’re thinking of ways to make sure your business is busier in 2021 then social media is highly recommended.
The social media platforms that are best for your business will depend on your niche and the products that you’re offering. LinkedIn is great for business networking, Facebook great for reaching local potential customers and Instagram great for art! Don’t just spend your time posting from your own business page – instead spend time interacting on other pages, using relevant hashtags and reaching out to other people.
Ways To Adapt Your Product
Although no-one wants a repeat of 2020 again, the Governemnt advice, rules and guidelines are changing every day. This means that it is important to consider what you would do if your industry becomes restricted once again. Try to think outside of the box and consider ways your business can operate, if your customers are unable to come to you. For example, are you able to operate online classes or offer things for postal delivery? If you adapted your product offering slightly would that better meet the needs of customers experiencing restrictions on their movements.
Make a Game Plan for 2021
However your 2020 has been, it is sensible to plan for 2020 to be better. Why not spend some of the next few weeks putting together a plan of action for next year? The internet makes it easier for us to research whatever other companies are doing and how well this is working for them. Alytthough it is never recommended that you straight-up copy another business idea, it can be good to see what going on in your chosen industry and how you can adapt this to suit your business and your customer base.
For many businesses the next year will be essential for their long-term survival,especially if funds coming into the business have been below average for 2020. By planning what you’ll do now you can help to ensure that 2021 is as lucrative as possible.
If you have any tips to share with business owners on how to make the most of 2020 please feel free to share them.