While thinking of ways on how your business can survive the pandemic, remember that you are in the middle of a global health crisis, and it’s okay if things aren’t the way they were.
If you’re struggling in these trying times, you’re not alone; Adapting in the new normal can be challenging, but it’s not an excuse for you to neglect your mental health. Learn these five ways on how you can keep going amidst the COVID-19 crisis.
Stick with a routine that works for you
If your daily routine before the pandemic is to spend the whole day looking after your physical store, then it might have been challenging for you to remain at home all this time. The internet says so many ways on how you can stay productive; however, do not be pressured to do so much like what you used to.
Just live every day the way you are comfortable with while keeping in touch with your family and employees. This will help you maintain normalcy.
This community quarantine can also serve as your rest from all the hustle you have made recently, and for your employees as well. While thinking of ways of how your business will survive, remember that you are in the middle of a crisis and it’s okay if things aren’t the way they were.
Communicate openly with your family and your employees
Handling your business problems alone won’t do any good. You have to be open about the real situation of your venture with your family or with your employees so they could offer help, too. For them to understand your struggles and avoid expecting so much from you, you have to let them know your limitations as a person and businessman.
It is also the right of your employees to know the status of their employment. Keep them updated if there will be any delay in their salaries or if you have plans to restructure the business.
Aside from business matters, talk to them about how they have been, and other things that might be affecting their personal lives.
Ask for help
Remember that it’s okay not to be okay, and it’s alright to ask for help. If you are having a hard time dealing with your problems emotionally, ask for professional help online or talk to a family member or a friend that you can comfortably confide your problems with.
You are not a failure if things are getting harder for you to handle. Remember, there’s a pandemic and a crisis. Do not blame yourself for the things you cannot control.
Also, financial help is always available. If you are thinking of starting a new opportunity that fits the current business climate, you can borrow resources from lending companies to fund it. RFC can offer you the best loan deals for your business, with guaranteed low-interest rates.
Take time to reflect and be positive
Get a daily dose of inspiration from podcasts, books, or online pages that promote mental well-being or positivity. Being positive doesn’t mean ignoring the difficulties of the COVID-19 but rather understanding that this
will be over and you will survive it.
Spend some time looking back at what you have accomplished and manifest the things that you want to pursue in the future. Reflect on other personal things that makes you a human being.
Your employees need some encouragement, too. Help them look at the situation positively and remind them that together, you can surpass this. On the other hand, if you have to let them go temporarily or for good, help them understand that no one wants this to happen and that you are still there to support them in any way you can. You can also refer them to people or other businesses that may need their service.
Take one step at a time
Adapting to the new normal isn’t easy for all businesses. Some might need to purchase additional supplies to ensure customer safety while others need to reorganize their business differently to survive.
Whatever fits for your business, you need to do only what you can handle at the moment. Do not try to put all your energy into one basket.
Some businesses may recover fast, while others don’t. This COVID-19 pandemic is bigger than everyone which means you cannot control anything that will happen. Appreciate yourself for doing your best.
Being your own boss comes with a huge responsibility, and we do understand that, sometimes, cash flow can be a little tight. We also know that, in order to grow, you need to increase inventory or beef up your capital. RFC supports the Filipino entrepreneur by offering flexible business loans.
We help your business dreams take flight.