As we stand on the threshold of a new decade we need to look forward to what the future in business may hold if we wish to compete, survive and hopefully thrive. Always eager to assist our clients we have put together this broad-based look at some likely trends for 2020 and beyond.
It is pretty clear that the economy in South Africa is not greatly improving and many would say in a downward spiral. Obviously this is a global trend too and for that reason big business 2020 will run on even tighter budgets, ensuring cost-cutting wherever possible.
Marketing, staffing, most certainly budgets to woo clients and travel expenses will all face the axe and if we’re offering those services we can tighten our belt buckles.
With more and more skills being replaced by technology and businesses having to face increasing employment issues, the trend will keep growing towards the already alarming redundancy of permanent employees. As an Entrepreneur, you avoid this and are already being part of our best solution to growing the economy.
One area that may not be cut and actually expanded on, is continual IT expansion, as this often offers solutions to many of the cost-cutting initiatives. No business large or small can ever ignore the rampant advancements in technology that will affect every business. It’s adapt, adopt and embrace IT or die!
The last few years have clearly shown that these trends would be ever-increasing for obvious reasons. The question your business has to ask itself is “ have we evolved sufficiently in 2019 to take these trends into account?”
One of the fastest-growing trends worldwide is the move towards increased outsourcing, simply because it offers cost-saving and staffing solutions to every size of business. ‘ Whether it is administrative, services or marketing, V-Assist has been one of the pioneers of the Virtual Assistant trend that started a few years ago and will continue to grow because it simply makes sense.
Just to begin to experience the freedom of using a great V.A, Contact us today and let us ‘hold the fort’ whilst you enjoy your holiday!
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