Strategies to Save Your Business during the COVID-19 Pandemic

The COVID-19 crisis has brought to light the things that businesses have not been doing well but have gotten away with when times were good. Businesses who were not managing cash flow, not using forecasting tools, nor paying attention to how they were running their business and operations have found that their weaknesses have been exposed and magnified with this crisis.

Rightfully so, you are worried about how your business is going to survive; how you are going to pay the bills. You wonder what you can do; how you can adapt. The world as we know it has disappeared. There will be a new normal.

This is the time to really pay attention to what is going on in your business. You must do this if your business is going to survive.

As profitability and growth advisors to small and mid-sized business owners for more than 20 years, we understand how hard it is to change and we know what it takes to be a profitable business. There are 4 key things that you absolutely must do to save your business and we are going to cover one a week in our free 4 part series.

Join this four-part series for free, and as a courtesy, you will have the opportunity to schedule a one-hour strategy call with one of our advisors where we will go deeper into your business.

Let’s look at what you need to pay attention to in your business on Tuesdays from 9:30 to 10:30 am commencing June 2nd. You can join the series at any point as we will be running it continuously over the summer.

Our business has been working with Davies & Associates for the last year, I cannot believe how beneficial it has been to have Davies & Associates’ advice and input into goal planning and looking at the numbers. Understanding the connection between my personal life goals and my business goals, and learning how the business can help me reach my personal goals, has been incredibly beneficial. Our profitability has really skyrocketed over the last year by making some of the changes that Davies & Associates has suggested. Even going through the COVID-19 crisis, I feel very confident because I have been working with Davies & Associates and we made a plan going into this and they helped me to anticipate how it might affect childcare.

Krystal Oxbro, RECE
Bayridge & Henderson Child Care Centres