DEVELOPING A RECOVERY PLAN POST COVID-19

Businesses of all sizes have faced unprecedented challenges while navigating the COVID-19 pandemic. More specifically, many businesses are struggling to survive. As we navigate the months ahead it is paramount that your business has a strong restart plan to best position for continued operations moving forward. Whether you have been operating remotely, forced to furlough or lay off team members, or have seen a decrease in overall customer traffic, Oak Street Associates is here to help you develop and execute a plan to get back to normal. 

4 CORE STEPS TO RESTARTING A BUSINESS

Optimize staff and productivity efficiencies. In this period of uncertainty through the pandemic, few businesses had the luxury of continuing to operate normally. Having a strong operational strategy on how to do more with less will lead to your business’s bottom line improving at a much faster rate. 

New business acquisition. Between social distancing and stay at home orders, the general public has been forced to defer from the purchase of goods and services that they would normally consume. Regardless of your industry, your business is going to be presented with an opportunity to capture new customers that need assistance. 

Coordinate marketing initiativesMost businesses have been forced to dramatically scale back and in some cases outright stop their marketing efforts. A strong strategic and execution focused plan is paramount to ensure that your business not only resumes their marketing projects but maximizes the short and long term impacts from that investment. 

Engage your customers. Customers in all industries have been forced out of their typical buying patterns and need guidance on how to resume normal activities. Successful businesses are going to be positioning themselves to educate their consumers on how to resume interacting normally. 

OAK STREET'S SOLUTION

Oak Street Associates is here to help navigate these unchartered waters and focus on the projects that will move the needle for your business. Our engagements tend to focus on: 

To set up a free 20 minute consultation and discuss what a restart plan could look like for your business, please reach out directly to Matt Cooke at mcooke@oakstreetassociates.com or Alex Ritz at aritz@oakstreetassociates.com

 

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