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Navigating recovery Get operations going

How has COVID-19 affected your customers?

COVID-19 may have significantly changed customer priorities, buying patterns and distribution channel preferences.

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Get operations going post-COVID-19

Prepare for changes in customer behavior, employee protections, supply chain and operations as you work toward a sustainable operating model.

Why it matters

Consumers are responding positively to resumptions following the early phases of COVID-19, provided businesses have considered necessary health precautions and adapted their practices.

It’s important to start working on changes to your business, whether for the sake of public health, to address a new market or to demonstrate strength that builds customer confidence.

Key question

How will you adapt your business to demonstrate strength, leadership and commitment to customers and staff?

Actions to take

Communicate, communicate, communicate

Make use of email, text, website updates and social media. Regular updates opens in a new tab show your business is alive, even if closed or with limited operations. It assures customers they are valued. Direct your messaging toward pandemic-related problems your business can help customers address.

Formulate ramp-up guidelines and milestones

Start with requirements by your state, local government and professional organizations. What additional changes do you need to make? You may need to ramp up in stages. Establishing a rollout plan with milestones for each stage can give you, your staff and your customers a roadmap for the coming months.

Rebuild supply chain

Reforecast demand (like everything else, update frequently), and project the impact on your partners and vendors. Talk to all your suppliers to understand their situations and their capabilities.

Take a hard look at staffing

What model is best as you ramp up? Talk to your employees and understand what will make them comfortable getting back to work. If work can stay remote, leave it that way for now. You, as owner, may need to assume several roles.

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Measures to consider

Pay attention to back office

Back office is where activity will rise as the business picks up. Look at easy-to-implement remote services for payroll, online bill pay, ACH, and online cash management to give you more flexibility for remote operation.

Rethink fraud protection

As your staff works remotely, fraud is always a concern opens in a new tab . COVID-19 has spawned new scams, such as fake “COVID-19 relief” programs and disrupted regular financial checks and balances.

Think about your people

Consider both your employees and your customers. What additional protections will be required? Encourage your customers to come back by committing to strict standards to keep them safe.

How Truist can help

Use online cash management

Online cash management services are a secure and efficient way to manage business payments.

Use online bill pay

Online bill pay is a secure and efficient way to manage business payments.

Simplify payroll processing

Save time and money with online payroll processing services.

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Up next in the guide

Adopt digital technologies

Expand digital processes, sales and customer engagement to operate in a more distanced world.