Which directions for businesses to optimize operation costs in the “post Covid-19” period?

In less than four months from the appearance of Covid-19 pandemic until the global spread, it caused devastating damage that was deemed beyond human imagination.

In Vietnam, the prevention and control of epidemics have been drastically carried out by the Government to ensure the safety of people, but the economy cannot avoid extremely negative impacts.

According to a recent survey from the Private Economic Development Research Board of more than 1,200 businesses operating in different fields: The proportion of businesses reduced over 50% of revenue due to the epidemic impact accounts for more than 60%, the proportion of businesses reduced from 20 – 50% revenue accounts for nearly 29%. Small and medium enterprises, especially start-ups are facing a high risk of bankruptcy.

The short-term solution that businesses often apply during this period is to try to hold out by reviewing and restructuring the business, minimizing costs such as relocation, returning of offices; optimizing costs for human resources; changing business model, converting the direct channel to online business channel, …

Facing the problem of reducing office costs while ensuring all essential conditions of facilities for businesses to work, the use of Co-working Space can be considered as a prime solution. Coworking Space is becoming a trend and the most effective solution in the current period because of its flexibility that exclusively suitable for small and medium-sized companies. These businesses still need to maintain their “core” staffs while at the same time having a need to expand and seize the market opportunities that will be existed when the epidemic ends.

The cost of a fixed office at Co-working Space is much lower than a traditional office, moreover, it ensures sufficient space and equipment for businesses. This helps businesses to save capital investment costs, flexibility in converting the size and location without having to consider much about the initial investment cost.

In addition, the open and modern workspace of this model can inspire all creative inspiration as well as motivate employees to come to the office every day, therefore, labor productivity will be significantly optimized.

This can be considered a very important factor for every business in motivating employees, specifically when the staff has just spent a long time working from home and not having a high performance during the social distancing.

Co-working Space is the ideal place for businesses to optimize the flexibility in human resource development strategy in “post Covid-19” period.

Although Tiktak is a unit affected seriously by COVID-19, Tiktak is still willing to share difficulties and stand by side with our clients to overcome this tough period. Tiktak Coworking Space – a member of VNGroup Corporation would like to offer our Clients the office lease promotion from 23/04/2020 – 30/06/2020. In detail: Clients signing a 03-month lease, Tiktak will free an additional month; Clients signing 06-month contracts will have 2 more months for free; Clients signing 12-months lease will have extra 3 months for free. Moreover, Tiktak’s official members will receive a 50% discount when using common space at the entire Tiktak Coworking Space.

Besides sharing cost difficulties, Tiktak always ensures a safe workplace for everyone by making health declarations and checking body temperature to all customers who come to work daily. Having prime locations, optimal design space with trees and natural light, full of office facilities, reading libraries, private pantries equipped with microwave ovens, pure drinking water… forming a creative and safe working environment. Tiktak Coworking Space chain is a Class A office solution that has a reasonable cost for businesses, especially in the period that requires reducing operational costs.

The above policies are applied to the entire Tiktak Co-working Space chain. Hopefully, the great promotions of Tiktak will be a “cure” for businesses to overcome difficulties and develop stronger in the “post Covid-19” period.

Source: Dantri.com.vn

 

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