How to develop your business during the COVID-19 pandemic?

Adrian Draghici - ABIT Technologies

Adrian Draghici

July 19, 2020

ABIT Technologies
“In the midst of chaos there is also opportunity.” - Sun Tzu
Even if we talk about economy, business environment, technology or IT, something stands out very clearly. The world is changing from one month to another and, accordingly, every business faces a great challenge – to be under continuous development. Therefore, the only thing that will help your business to remain competitive is to be in line with the latest market trends.
In the last couple of months, due to this pandemic, many businesses have been making the transition towards the online environment in order to ensure the connection with the clients and to solve potential issues via the Internet. For example: restaurant owners shifted to online stores in order to facilitate the delivery process; large companies have adjusted their work procedure, as they decided to encourage their employees to work from home; the promoters in the field of tourism turned their attention towards developing their business in the online environment by focusing on the promotion of the tourist resources on different social platforms and even on their personal website; many meditators who offer language courses had to turn to the online environment and conduct their lessons through different platforms.
Most of the companies that have failed to make the transition to the online environment have either gone bankrupt or have faced poor financial results (below the level of previous years).
Although it is a very difficult time for most people, many entrepreneurs have increased their profits during this period by adapting the business framework to the client’s needs.
As many business people and economists say, where there is chaos, there are also opportunities. Thus, at times like this, the most important thing is to focus on the opportunities that arise instead of problems or barriers. That’s why the key to the success of today's companies lies in the online environment. Regardless of the field in which an entrepreneur operates, the activity needs to be carried out online for reasons of both internal working procedures and better visibility in the market.
In this respect, ABIT Technologies can help you to achieve your goals by moving your business to online!

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