What can you, as a small business owner do, to help other small business struggles in tough times? Businesses are having a tough time in the current market scenario.
I have a few ideas here at Small Biz Tipster. I had heard the story about “Barstool’s Dave Portnoy Is Doing More For Small Businesses Than Congress” and began thinking. 💭
What can we as small businesses do to help others that have faced greater challenges?
How To Help Small Business Struggles In Tough Times
Many of the small businesses during covid-19 that were struggling were mostly brick-and-mortar businesses and restaurants.
Today many different kinds of small businesses are struggling in 2023 as the year goes on.These types of small businesses may not do well online or have options to do business online.
Buy From Those Small Businesses Instead of the Big Retailers
The number one thing we can do is purchase things from small businesses in tough times vs. the big box retailers. Not just the things we need for our businesses but in our daily lives. Learn who you are purchasing from. Understand their values and their vision.
Is that company you are buying from have items made in the USA? Do a little research before making your purchases.
Go Out to Eat or Grab a Coffee at a Local Coffee Shop
If you can support your local restaurants and coffee shops. These types of things can help the local economy.
When you do go out to eat or grab take-out be sure to leave a decent tip for those waiting on you. There are fewer people coming in so the tips are much lower as a whole for those working at these small businesses during these tough economic times.
Recommend Your Favorite Small Business
Give out recommendations to your favorite small business as they may be struggling in this economy with high inflation. You can give them a Google review, a Facebook page review, a Yelp review, or send them a personal review for their website.
Many small businesses will appreciate this as they don’t have the dollars to market their business during these difficult times.
Share Their Businesses on Social Media
Yes, sharing their social media posts can help spread the word about them. They may not have the funds now with the higher costs of energy and food.
Share what their specials and products are with your recommendations on social media. This can help them generate some new business from people they know.
It’s easy and quick to do on Facebook, Twitter, YouTube, etc.
Raise or Lend Money To Help Small Business Struggles
If you are able you could help raise funds to keep local small businesses in tough times open or load money. Doing a fundraiser with other local businesses in the area that are doing well even would be a feel-good experience and could save a family from heartbreak. Generosity can go a long way!
Of course, there are small business guidance and loans available from the SBA as well.
Help Them Start An Online Business From Their Brick And Mortar
If you can help them get set up with an online business to expand their brick-and-mortar business, it would help them increase their business reach and sales. Many small businesses that never had a website don’t know where to start today.
So, if you can help them along in their journey that would be a great way to help their small business during covid. (If anyone needs help with that contact me here or send a tweet.)
Many small businesses that never had a website don't know where to start today. Click To TweetYour Turn on Helping Small Business Struggles In Tough Times
What else do you recommend that we can do to help these small business struggles in tough times?
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