Important Questions for Business Owners to Ask Themselves Right Now

Important Questions for Business Owners to Ask Themselves Right Now

Today your management team and employees are looking to you for answers to questions none of us have ever had to address. Now more than ever, it is vital to find a mentor, support group or advisor who can help you shorten the time between learning and understanding the necessary next steps.

You may have answers to many of the questions below already figured out. But if you’re struggling with any of them, know that you are not alone. 

Our community is actively supporting each other by sharing the quickest ways to finding solutions and avoiding obstacles. Whether you join Allied Executives or another peer group company, it’s important to find the support you need to help ensure your business can succeed through this pandemic.

To keep forging ahead, pursue answers to the following questions, be honest with yourself and look for help where you need it.

Personal Management & Maintenance
How are you doing personally and professionally?
How is your family and business being impacted?
How are you taking care of yourself so that you can lead clearly, calmly and effectively?
What is your strategy to communicate and manage the impact?
What policies and processes have you recently implemented?
How are you managing remote working?
How are you managing on-site staffing?
How are you managing on-site sick diagnosis?
What are your contingency plans?

Opportunities
Have you applied for stimulus funding?
How clear are you with your financial impact and projections?
What is your new sales and marketing strategy?
In what ways are you pivoting, changing and innovating?
What new projects/initiatives do you plan to implement in near future?
In what ways do you plan to invest in your business or personal life?
What changes do you anticipate in your market or industry?
What changes do you anticipate in society?