After the COVID-19 pandemic of 2020 is over, investors will look to see if you have made your business “COVID-proof”.
Here are a few steps you can take to do just that:
Ensure that your startup can continue day-to-day operations by working remotely, even when everyone is in lockdown in their own homes.
Setup remote work tools such as Google Drive, Asana, Trello, and other systems.
Update your cybersecurity measures as a remote workforce will bring new challenges.
Create backup and redundancy plans to cover for those who fall ill or must step out to take care of others.
Choose partners and suppliers who have COVID-proof businesses.
Secure the supply chain for your operations, as well as for product/service delivery.
Most importantly, pursue customers who are also COVID-proof and whose operations will continue in the case of a lockdown.
These companies will be able to:
- Run some portion of their business online
- Continue operating using existing workers in remote locations
- To deliver and support a product/service without the support of large numbers of people
- Have a flexible workforce and can shift duties from one team member to another seamlessly