How To Start A Business During A Pandemic

Starting a business during a pandemic – is it a perfect time? Whether it is in your own personal circumstances or on a national or global scale. Disney and IBM were both started at the beginning of the great depression. And more recently, the financial crash of the 2000s saw the emergence of Facebook and Twitter!

It may be perhaps the most disruptive period for us all, but that doesn’t necessarily mean you have to postpone your plans to start a business. Or did the pandemic itself create a business opportunity for you? Either way, if you answer “YES” to this question, we have a great offer for you.

So we are offering new business owners two FREE months at our Newtons! (We are putting this offer on hold until 2021 lockdown blows over)

If you are still on the fence and need a little help to take that first entrepreneurial step, here are three good reasons to crack on!

If you can build a business in today’s financial climate, you can only get stronger

We now have a vaccine, but this pandemic is evolving and we have no idea when things will start to turn the corner to some level of normality, so if you can start your business and get it through the first months while dealing with lockdowns and all they bring with them then you are good ground. Also starting a business at the beginning of a recession will give you good reason to be vigilant with expenses, recruitment, property leases and ensuring you are getting a good return from suppliers, these are all good scrappy skills to have, no matter the financial climate.

If you can solve a problem, you will always have customers

As many of our members and business owners will agree, if you can help and support others and then exceed their expectations you will always have customers. Yes COVID has changed our priorities and changed our daily lives but in most cases, the problems that were there before are still there and you can fix them with your amazing product or service! We suppose the trick now is to find new ways to reach our customers safely in person or virtually – can your business pivot this way?

There’s no perfect time to start a business. What matters is your drive and motivation. Surround yourself with like-minded people. Network with other entrepreneurs and add more of your peers to your network. Spending time in a coworking space is the perfect situation to find yourself in – you can meet and learn from other people who have already started their own company. The more time you spend in the company of others the more knowledge you can acquire, in turn lowering the risk factor of being a first-time business owner.

So, if you have taken that leap into the small business arena, get in touch with us on 0161 764 1863 to arrange your two FREE months in our Bury coworking space, you certainly won’t regret it and you will likely want to stay longer.