1 minute read
Diversify Your Business
Powerful, reliable and stylish devices
The COVID-19 pandemic will have no doubt vastly changed the way most businesses work and, unfortunately, some businesses will have seen the changes have a detrimental impact on their finances.
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However, with a sprinkle of innovation, a dash of outof-the-box thinking and a dusting of creativity, you can diversify your business and turn 2020 on its head.
Collaborate
Working together has never been more important and, by collaborating, businesses have managed to diversify. Take, for example, Brewdog Brewery who began using its factories to produce hand sanitiser and have since delivered 50,000 units to frontline workers and the NHS. Manufacturing company A&M EDM began using its 3D printers to print visors for PPE and there’s plenty more examples across the country where collaboration has worked when it comes to exploring how to diversify a business.
Communicate
Before diversifying it’s important to communicate with colleagues, suppliers and teams to see how you can connect and collaborate to produce something new and different while also maintaining, and possibly improving, cash flow. For example, does your current business have assets which could be deployed in different ways? When the 10pm curfew was introduced, one pub in Suffolk began offering its WiFi, plug sockets, tea and coffee facilities and food to people stuck working from home during the day and, for £10 for three hours, it’s proven to be quite a success. How can your business utilise its existing telecoms and assets to provide something new and functional?
Connect
In order to diversify a business, you’ll need to ensure you’re equipped with the functionality and products needed to underpin your new approach. Connectivity is vital and not only will investing in a stable, reliable and fast connectivity solution allow you to offer that same stability and speed to potential customers but also allows you to take advantage of the digital age. If you’ve got an idea to help diversify your business, ensure your business can collaborate, communicate and connect efficiently and effectively with Daisy Communications.
