Featured image by from Chris Liverani from Unsplash
Future trends are usually unpredictable, especially this year, which leaves businesses with the difficult task of finding new ways to future-proof their trade. Although we face challenging times ahead, ambitions for growth don’t have to subside. Whether you’re a new business starting out or an established enterprise seeking to expand, here are three ways you can future-proof your business.
1. Future-Proofing Your Business with Communication
Building a strong relationship with your customers will breed loyalty and stability for your business. The way you communicate with your customers is crucial. Customer service is always the number one priority when future-proofing your business.
However, another important element of communication for small-to-medium enterprises is how you connect with your local community. It’s important for your business to show support for local causes and their events. This assures customers that your values and interests align with theirs, which will set you apart you’re your competitors.
Another way to future-proof your business is to consider internal communication. The relationship you have with your employees has a huge impact on their work. Positive mutual communication creates a positive working environment, which will maximize productivity.
This is particularly important if, like many businesses, yours is still working remotely. Employees need to know that there is professional and personal support available to them as well as opportunities to collaborate, converse, and share their opinions.
2. Business Networking
In a world gone virtual, traditional networking events are still on pause when attempting to future-proof your business. However, there are still plenty of opportunities for business to develop and build connections. Business innovation hubs are continuing their missions by providing physical space for businesses development, networking, and progression.
For instance, Arise Innovation is a part of Anglia Ruskin University that hosts office spaces that foster collaboration, research, and development. They assist in bringing together professionals and academics. Also, they provide virtual office packages which gives access to workshops, events and seminars. These resources are excellent ways to create a future-proof business. Hubs like this, with their diverse offerings, could be the future of business networking and innovation with the opportunity it provides.
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3. Future-Proofing Your Business with Technology
Before today’s pandemic crisis, remote working was a hotly debated concept. While the idea of a virtual office is fairly new to most, it can be a valuable way for businesses to adapt in the future, in terms of flexibility, productivity, and opportunity. Technology is key when future-proofing your business.
While no one is suggesting change for change’s sake, many businesses have been forced to transfer their services online, meaning digital adaptation has been non-negotiable. The same is true for the implementation of technology, however it is making building connections and conducting business much easier.
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