#MarketPlaceEvangelist

COVID-19: 15 Tips For Christian Entrepreneurs

Dear Christian entrepreneur,

This season my last for a while.

As you pray, please consider the following:

1. The possibility of moving some of your operations online and the advantages of remote work.

2. Affordable and/or free technology that you can adopt for the purpose above.

3. Change management procedure to prepare the minds of you & your staff.

4. Cut down on overhead and expenditures.

5. Review customer retention and engagement strategies, online (Digital Media) and offline.

6. Possible restructuring of your business system to meet the current trend.

7. Understanding customer behavior with regards to spending and buying focus to properly understand how and if your services/business will be affected negatively.

8. The adoption of traditional follow up methods and the need for an updated customer database.

9. Staff pay and sustainability.

10. Income/expenditure analysis to understand how long you can stay in business.

11. Survival mode operations if the period persists.

I mean, what are the hard decisions you will have to take.

12. Diversification, innovation or other funding options.

13. Consider your industry's value chain to see who you can partner with.

14. Digital marketing opportunities and options.

15. Product/service viability, relevance and profitability.

Getting someone to buy designer bags this period might be difficult.

All the best as you ride victoriously through this storm.

#COVID-19