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Is Your Business Going To See More Demand?

Estimated reading time: 2 mins

Lately, there has been a lot of doom and gloom in the media about businesses that will struggle to cope or indeed remain open in the wake of the coronavirus. Indeed, most recently, every pub and restaurant in England was ordered to close by the government for the foreseeable future. Governments are also putting together economic packages to support businesses and keep them afloat. For now, though, there is a lot of uncertainty. However, this doesn’t mean that every business is going to see a drop in demand. There are a lot of businesses that could see a heavier focus in the weeks and months ahead. Let’s explore some of the examples here. 

IT Support

A big focus right now will be on which businesses can continue to function effectively by ensuring that the team works from home. There are countless companies where this will be possible, with a particular focus on online businesses. These days, for a business operating online, remote working is an option. However, it will only remain available if the team in question is able to continue to stay connected and access the resources they need. Technology is certainly providing these options but for that, you need a cloud server. You also need to make sure that it continues to run effectively. That’s why IT support and professional IT consultants could be in high demand over the next few months. Businesses will be desperate to ensure that their teams are able to continue to remain connected online. 

Logistics 

As more people self isolate and stay at home, there is certainly going to be far greater demand for logistics businesses. It is particularly true for outsourcing businesses that can provide a link that companies need. Even as pubs and restaurants were ordered to close, the government stated that takeaways would remain open. This provided consumers with a vital way to access food sources. Of course, it’s not just food that will be delivered. From documents to tech products and so much more, there’s a lot of people who are going to need deliveries within the next few months. 

Retail

Finally, it’s likely that retail businesses are also going to be in higher demand over the next few months. We have already seen people rushing to stockpile supplies as though it’s the end of days. But more people are also going to be out of work while still hopefully gaining the financial support that they need. This is going to provide them with the freedom to shop and the financial support to do so. Many businesses have already expressed that they will be hiring more workers during this time to compensate for the big boost in demand. 

We hope you see now that some businesses are poised to see substantial gains due to the havoc caused by the coronavirus outbreak. It could certainly lead to some owners needing to make decisions about hiring more temporary staff. Or perhaps increasing their services and solutions to ensure that they are ready to provide support to new customers. 

 

About the author /


Simon is a creative and passionate business leader dedicated to having fun in the pursuit of high performance and personal development. He is co-founder of Applied Change, a Business Change consultancy based in the UK. Simon is also an Ambassador for Gloucestershire business. Simon is an Associate Member of the Chartered Institute of Professional Development.

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