When the entire world has been turned on its heels from a global pandemic, the common denominator is a disruption in everyone’s normal. For businesses in the home improvement industry, this disruption can seem detrimental. Whether or not your business has been designated essential, your modus operandi has more than likely taken a hit.
With that, strategy and attitude must come to the forefront. Redefining your business strategy to adapt to the new and changing economic environment is necessary. And firming up your perseverance could help get you through to the other side of this challenging time.
Advice from your peers
Hear from leaders within the home improvement industry who have successfully redefined their strategies, and their outlook, on business survival through the COVID-19 pandemic.
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Two industry leaders redefine their strategy in this article from Qualified Remodeler:
Virus Crisis: Leaders Share Early Strategies and Tactics
Michael Strmac of Universal Windows Direct and Vince Nardo of Reborn Cabinets share their business approaches in the early days of the virus crisis.
https://www.qualifiedremodeler.com/virus-crisis-ceos-share-strategies-and-tactics -
Persevering is the key message in this article from “Builder”:
COVID-19 UPDATE: ‘DON’T LET THIS DEFEAT YOU’
Despite ongoing challenges, Ali Wolf and Tim Sullivan point out positives and urge builders to keep moving forward.
https://www.builderonline.com/money/economics/covid-19-update-dont-let-this-defeat-you_o?utm_source=newsletter&utm_content=Article&utm_medium=email&utm_campaign=BP_041420& -
Why builders are essential…a webinar series by Construction Wire:
Facing A Two-Headed Coronavirus Threat–Work Stoppages And Consumer Momentum Collapse–Here’s Why #BuildersAreEssential
https://www.builderonline.com/builder-100/leadership/facing-a-two-headed-coronavirus-threat-work-stoppages-and-consumer-momentum-collapse-heres-why-buildersareessential_o
We’re in an unprecedented economic environment. Lean on your local chambers of commerce, trade leaders and industry resources for support and direction and, as Tim Sullivan, senior managing principal at Meyers Research advises, “keep moving forward.” Above all, stay safe and healthy.
We’re in this together. 1-855-241-0024 sales@foundationfinance.com.