Ready for some good news?
Economic experts predict that once the economy fully opens, it will rebound quickly with a fast upswing. The savviest small-business owners will be positioned to take advantage of that surge.
When weathering a storm of this magnitude, small business owners should always be looking for the silver lining. There are many opportunities for growth as the economies come back to life. With the majority of areas easing restrictions, it's going to happen sooner rather than later.
In order to adequately prepare themselves, small business owners, entrepreneurs, and founders should be thinking about their talent needs for the upcoming months. Read below for our expertise on rebooting your business during these unpredictable times.
Revolutionize Your Hiring Practices
Many industries are currently ramping up their hiring activity, particularly those business sectors that are serving people confined to their homes during statewide shelter-in-place policies.
It takes an average of 3-5 months to fill a key position by hiring in the traditional manner. Sifting through resumes, coordinating interview times, and advertising for the position are tasks that are significant drains on your time. However, if you use a remote work team (such as Virtual Assist USA) you'll be able to reduce the time it takes to hire by 95% or more.
Planning to hire this way will put you ahead of your competitors who might be using conventional hiring methods. By cutting out time-consuming tasks like sifting through resumes and scheduling interviews, you’ll be able to devote more time to other, higher priority items. This will give you an edge over your competitors who take the traditional, and more prolonged approach to hiring team members.
Use Your Time Wisely
For better or for worse, many of us have been given the gift of time because of the pandemic. But this global pause can be used to the savvy business owner’s benefit. Use this block of time to your advantage by exploring new avenues of opportunity and growth.
As you decide which tasks to prioritize right now, it's an optimal opportunity for you to begin researching which Virtual Assistant team or company you'd like to work with, and establishing your relationship with a VA while you work together on smaller tasks to ramp up. It takes time to build a trusting relationship with a Virtual Assistant, and establish a comfortable rapport with your team. If you use this quarantine time to build your relationship with your VA team, you can hit the ground running in the post-pandemic world.
Revisit Old Passions
Is there some internal project you always said you’d love to tackle, if only you had the time? There might be projects that you’ve been itching to take on, such as creating a podcast, developing valuable video content or simply refreshing your website. A VA can assist you with your chosen tasks, or give you the space you need to work on larger projects by taking smaller tasks off your plate.
Start Planning for the Future
Even though there is uncertainty surrounding the upcoming months, you can still take steps to prepare a plan for when we start returning to normal processes. An experienced Virtual Assistant can help you look at your future plans and help you leverage opportunities. Decide which direction you want to go, and a good VA will help get you there.
Use a Company You Can Trust
We can anticipate the future by studying the past. During the last recession, demand for remote workers continued to grow despite the economic downturn. With such a large influx of remote workers, it can be difficult to find the right talent for you. Use a reputable Virtual Assistant company that you can trust in order to ensure that your specific hiring needs are met.
Now is the perfect time to plan how your company will be positioned in a post-pandemic world. Small business owners can best prepare for the the economic upswing by thinking ahead to when the economy reopens and being prepared for when new growth opportunities arise-- and they will.