How Business survival after the pandemic is possible for SMes?

How Business survival after the pandemic is possible for SMes?
The down turn of economy has affected many sectors. It is nerve wrecking thing to clear off salaries,
pending taxes and other major dues when the workings are not functional in the market or all
strategies seem to be in vain. At this point of time, experiments will not work but experiences will
surely work wonders. If you are confused on how to make your next move, then here are some things
that are surely worth implementing.
Infusing technology updates to employees: - The new move is doing things online, one of the major
advantage of this technique is saving on travelling cost and at same time earning brownie points by
having one on one interaction with clients.
Striking a balance between inventories and unnecessary expenses: - Don’t saddle up your sales.
Supposing if you think an item is slow moving then stocks it up to half but don’t let your sales go. Extra
inventories could tie up your cash flow and we cannot afford to take a risk in the volatility markets.
Ensure that there is contingency plan involved in your entire strategy.
Work on training your stuff:- The low costs are the best time to train your employees and even
upgrade skills. Instead be focus on giving on job trainings or digital trainings.
Rent your extra space: - As the rented office spaces are more in trend and if you thing that the rent
in present times are taking toll on your profits, this is your time to sublet the space.
Gain the extra edge of marketing by deploying sales people: - We are not saying you to go overboard
with your sales team instead hire one or 2 more to get ahead of your competitors and win the business
in your favour. This part will also focus on that you are willing to give quality services and support as
and when required. Instead of short term gains, try to fix in some long term contracts.
Don’t hesitate to share piece of advice or necessary elements with your employees too. Keep the
productivity morale on and it’s high time to capture potentials for the good future tomorrow!

Five India’s emerging star sectors after Pandemic Mayhem.

Five India’s emerging star sectors after Pandemic Mayhem.
Emerged Pandemic that occurred from China has largely taken a toll on humankind and economy.
When Chinese products not to be trusted anymore, India with a huge man-power and high capability
of resources could easily fulfil global demands. This is the time where country like India could grasp
the opportunities and raise as new economic star of tomorrow. Sectors that inherit capacity to grow
are as follows:-
1) Information Technology: - The “work from home” phase has given new avenues of scope and
opportunities. As a result there would be more inbuilt apps and systems taking place. These
companies would hire more and more employees that will result in major contribution of
economy. According to the reports, the technology is becoming new sunshine and will reach
the bench mark of $2.5 million industry in next 2 years.
2) Research and communication: - Research is required to bring in clearer things about certain
behavioural patterns and how the masses responds to the data provided. Based on all the
analytical figure, the influenced methods is going to make more than $40 million in the
industry.
3) FMCG:-This is the 4 largest growing sector in India. Further it will increase the disposable
income in rural India and lowers peneration levels.
4) Infrastructure: As we talk about the Metro projects, the connectivity will be at ace. Setting up
factories in the lesser rent spaces people will want to have good transport facilities too. To
improvise on the good economic state, even the governments will think on giving better road
transport facilities.
5) Healthcare: Be it exporting of low cost ventilators to life saving drugs even the super power
nations are relying on India. With larger scope of manpower capablities and machineries, India
is capable enough to deliver things.
Crisis give birth to newer innovations this Pandemic has thought us newer lessons to go on
and stay stronger.

3 things to remember while buying home during corona virus pandemic

3 things to remember while buying home during corona virus pandemic

Though there is isolation lockdown some things are coming as a sight of relief. We are thinking not to miss out on opportunity of staying safe at home and at the same time taking benefit of rock bottom prices of real estate. There is right now leverage on the older EMIS or loan instalments for few months, it’s high time to fulfil your long thought of buying home.

Here are some tips on how to get it right and buying home at pocket friendly prices, if you are new investor then you must think on these option that will help you to plan your move safely, some of the tips are as follows:-

Starting the necessary process as early as possible : Due to pandemic virus spread; many real estate transactions steps are going slower or delayed; if you are ready to quote your offers does negotiations part online and in the later part keeping deadline will work wonders. Have a specified date and talk to the lender or agent if it’s possible.

Asking for virtual tours: - In the technological phase it’s never difficult to buy a home. As many of the sellers have imposed ban of virtual tours with risk of spreading diseases, the home seekers can ask for online tour and could go for chats with the brokers. This is one of the most reliable ways of keeping a social distance.

Keeping in mind volatility of the markets: - There are lot of variations been introduced and the demands on the mortgages are higher, keep the options open of flexibility. When you are confused over the choices then seek advice of the expert consultants. If possible then go for long term loans instead of short term once.

Tips on letting out your home during corona virus pandemic

Tips on letting out your home during corona virus pandemic

After the pandemic world wide spread virus, many things won’t be same as usual. Worldwide many changes in the industry are too being seen and real estate is no different. Even after lockdown is over; things will take its own course of time to settle out on everything. If you are trying out to let out your home in this kind of scenario then this tips will help in letting out your home in much easy way.

Don’t plan any open house trips and gathering of large group: - A hoarding of place available for lease could bring you immense inquiry but at same time fear of diseases too. You never know that many people might have travelled from different places. Instead try on different marketing technique like posting photos or answering the basic or firsthand queries of customers via E-mail.

Creating a video tour: - Whether a license is coming from agent or direct contact, a video tour in this phase will give a clearer picture of things. This small step will also give the buyers an idea about home layout and they could also solve the perception of making a clearer discussion. As there are more users now days of internet, the digital marketing strategies are getting a easy nod of everything.

Negotiating of contracts: - One could definitely take a help of e-conferencing or other video call tools to be ready with negotiating and get prepared for the next level things like e-signing programs.

Keep things sanitized: - Once the licensee starts showing up active interest in your place, as a licensor its prime responsibility to keep things sanitized and also maintain personal hygiene level, while taking person for inspections.