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Whether You are Forced to Adapt or are Choosing to Adapt – Here are Some Small Business Tips

Choose Adaptation - Here Are Some Smart Tips For Small Businesses Lyons HR

While some experts say the worst of Covid-19 is behind us, the effects of this devastating virus will be long lasting. For many small business owners, this has meant the need to adapt – much like the rest of the world – to an entirely new normal. It’s not easy for anyone. But for those whose business challenges already meant a constant struggle to compete with their larger counterparts, it paints an especially daunting picture.

So, what is your best way forward?

Depending on the nature of your business, you may have had to cut back – or expand – services. Your fulfillment and distribution methods may have taken a serious hit. And managing talent?! Between drastic fluctuations in supply and demand and fallout from the Great Resignation of 2021, it’s likely keeping you up at night.

Keep your eye on the prize.

You’ve made it this far. So tap into the determination and creativity that incited you to start your own business in the first place – and remember, in business as well as in life, change is a constant. Pat yourself on the back as you hang that literal or figurative “Open” sign on your door. Continue to be flexible, think on your feet, and follow these additional tips:

  • Accept that things are different now. Just like masks have become a normal wardrobe item. The worst may be over – we can only hope – but despite widespread vaccinations and boosters, the pandemic itself is not. Some health experts have begun to refer to it as an “endemic,” indicating that it could be around in some form for years to come.
  • Incorporate the necessary changes into your business plan. This may mean enhancing your digital and online presence, pinpointing any gaps in your market that only your company can fill, or adding services to help your customers adapt to their own new normal.
  • Take even better care of your employees. They, too, have been through a lot. Sit down with each of them and ask about their well-being. Foster community, if not in person, then via virtual check-ins or a digital bulletin board for sharing updates. Provide information on resources, such as pandemic assistance programs. And of course, stay diligent with worksite cleaning and sanitizing practices, and ensure that yours is a safe, healthy workplace.

About Those Talent Issues …

If hiring and retaining the right talent to help your business succeed is a particular challenge, you’re not alone. Now may be the perfect time to consider a partnership with a professional employer organization (PEO) as a means of enhancing recruitment, offering more competitive benefits, ensuring tax and regulatory compliance, and freeing up your time to concentrate on other business-critical issues.

Lyons HR is a PEO affiliated with several leading accrediting agencies including the Employer Services Assurance Corporation (ESAC) and the Internal Revenue Service (IRS) – ensuring that our clients receive only the highest level of service with demonstrated financial security. Since our founding in 1995, we’ve served hundreds of clients nationwide via our 10 operation centers. We are HR – and we can be your HR solution as you adjust to your new normal. Reach out to us today to learn more.