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stop the spread of COVID-19 shook up business models pandemic storm come out of the gates roaring and ripping
from top to bottom, and most business experts and to go. That means they'll reinvest, recapitalize and dive
industry insiders believe that a lot of these new models headfirst into the work of building their businesses back
are going to stick around permanently. up so that they can create the financial future they and
their families deserve.
Online shopping, curbside pickup, a multitude of delivery
options, and a host of other business models really came Note: I used the following resources in researching this
into their own as a direct result of lockdown policies, article:
social distancing and the pandemic in general. • w w w . fe d s m al l b u s i n e s s . o r g / m e d i al i b r a r y /
FedSmallBusiness/files/2020/2020-sbcs-employer-
Consumers appreciate the convenience that a lot of firmwww.pwc.com/us/en/library/covid-19/us-remote-
these solutions now offer, and they won't be happy to work-survey.html
see them slide by the wayside as we climb out of this
global catastrophe. Savvy SMB owners are finding ways • www.rgj.com/story/news/money/business/2021/11/11/
to meld their old-world business model with their new- financial-planning-opportunities-small-business-
world business model, enjoying the best of all worlds and owners-2022-brian-loy/6394892001/
making sure their customers are well taken care of. • https://theceosrighthand.co/financial-planning-2022-
Small businesses are looking to take bigger risks business-trends/
• www.cnbc.com/2021/12/03/why-its-super-important-to-
Finally, when it comes to financial planning for 2022 and revisit-your-financial-plan-for-2022.html
beyond, small businesses are going to want to look for • www.thestreet.com/p
opportunities to stay optimistic, to innovate and iterate,
and to take bigger swings to build the businesses of their
dreams. Chad Otar is CEO of Lending Valley Inc. For information about the com-
pany, please visit www.lendingvalley.com. To reach Chad, send an email
Don’t be surprised if small businesses that weathered the to chad@lendingvalley.com.