Do you think your business will have to change to thrive in New York going forward?

Business from Downtown Boston Boston, MA
Apr 29th, 2020

Will things be different when we open up the local economy again? What changes, if any, will you make to your business to adapt?

64 Comments

Comments (41-50)

Business from Midtown New York, NY
Commented on May 1st, 2020

Small retailers will have to use virtual sales  more than ever it will take a while until customers will be ready to walk in into a small retail space 

we can help 


Soo many more precautions in addition to all already existing in dental field before..Everyones safety is our main concern as well as comfort and making a smooth transition to this new world!

Being in real estate, I believe we will slowly get back to where we were, but with a change in a set of behaviors related to safer interaction.  Real Estate itself won't change much except for more of the process will be on line, which is safer.

Our business will depend on the real estate   values, And if they stay strong.

NYC Tourism isn't happening right now. Will wait for NYC to return as a world tourist destination.

Yes, definitely. Before, my business was mostly person to person and I am trying to convert to online. I'm still having trouble with Zoom. I miss seeing my clients.

We are a retail business & although we also sell on line we are dependent on walk in customers, both long time regulars from all over the world & first timers including many tourists.  At this moment we are cautiously optimistic that we will eventually return to normal & that we can continue to be a destination spot for book collectors, decorators & people looking for unique gifts.   We will try to increase our on line & mail order sales as well as our PR to remind people of our presence.

As an entrepreneur, life is always about adapting. Here are two of my published articles that answer your questions:

https://www.equities.com/news/become-a-forever-student-to-navigate-uncertain-times and
https://www.equities.com/news/now-is-the-most-important-time-to-be-authentic.

I hope you find these helpful:)!

Please stay healthy and safe.

Wendy

Definitely an inflection point, not only because of the physical changes necessitated by the pandemic, but this event brings into play the effects of the law of unintended consequenses.  People are being forced to find new/alternative ways to do things and they may discover they like that way better and stick with it.

We must wait until 2021 regarding touring and income and there is nothing musicians can do about that.