Pandemic Impact on Economic Recovery

Economic Recovery is in effect

The economy is recovering once more.  Business owners around the country are breathing a sigh of relief.  It is great to see things moving again, but it also brings up a question.  Are you positioned to benefit from the pandemic impact on economic recovery? Do you have everything you need to take advantage of renewed consumer demand?

New McKinsey Global Institute reviewed eight sectors in the US and Europe.  Their findings indicate that productivity is set for accelerated growth by about 1% annually to 2024.  That would be double the pre-pandemic rate.  Whether this happens will rely on two factors: the number of companies more aggressively pursuing productivity efficiency change and that demand is robust. The Pandemic impact on economic recovery is more than growth. The pandemic sparked efficiency and broad shifts in digitization of sales.

Pandemic Impact on Operations

In the midst of widespread tragedy, an amazing pattern took shape.  Companies accelerated implementation of technologies they had been flirting with for a long period, prior to the crisis.  This includes things like digitization, robotics and more. In fact, in 2020 companies digitized processes 20 to 25 times faster than during pre-pandemic times.  By creatively re-processing, firms became more efficient with fewer workers by substituting technology for laborers. 

There was another broad shift.  Online interaction channels were aligned more effectively during 2020.  E-commerce, rose from 16% to 33%.  Some of that growth happened within eight weeks.  The lockdown breakout is happening, but those changes are structural.  There will not be a recidivism to original approaches for retail businesses that made the changes.

Businesses across the nation strove to increase efficiency.  Products, business and operating models were reconfigured to be more responsive to changes which are likely to continue.  If anything, the pandemic has taught businesses to become bolder; to accelerate use of technologies to expand growth opportunities.

Need for Growth Capital

Nearly a year later, many more firms are poised to make the same jump, if only the growth capital were available.  There is good news.  Americore can connect you to growth capital opportunities.  Americore Blue Apple programs, those rarely leveraged programs that are available to most businesses, are ripe for the picking.

Blue Apple Capital Access Solutions

Americore provides access to venture capitalists with a fresh approach.  Other venture capitalists offer funds, but take as much as half of your company that you worked hard to build.   Banks offer low costs and fees, but are limited in what they can approve. 

Americore BlueApple capital access solutions can deliver yes’ when banks can’t.  These capital access programs are logic based.  When you have sales and growth, or account receivables, purchase orders, inventory or equipment, you may have given the investors a reason to say yes to financing.  Americore BlueApple Capital Access Solutions are like a bank but think like a Venture Capitalist.  Find out more by contacting us or call (747) 224-8110 for more information on ways to improve capital access or enjoy tax incentive and savings programs.  These types of programs have been known to free up thousands and even millions of dollars for businesses who are savvy enough to access them. 

Corporate capital are not the only programs within the Blue Apple umbrella.  Continuing with “Make-sense” financing, Americore can help connect you to investors who specialize in hard to place loans.  But Americore is best known for programs that provide growth funding.  Don’t be left behind in the post pandemic impact on economic recovery.  Your competition will aggressively pursue technology and efficiencies.  What will you do?