What can you do today…
- Overcommunicate with your customers and clients. Ask them what they need.
- Know this is temporary. It’s constantly shifting. You won’t have all the answers and it’s okay to say I don’t know.
- Prepare your business financially by walking through worst-case scenarios projecting out over the next 6 to 8 weeks or longer in order to know what you can do today from a cash flow perspective. Even if this does blow over sooner than later, it’s better to plan and take precautions.
- Partner together with vendors to find ways to help defer expenses or offer support or trade services if cash flow is going to be a concern.
- Think about how you can offer services virtually or via delivery (i.e., Zoom Zumba classes, virutal open box parties to showcase new merchandise for online sales, or curbside and food delivery services).
- Rather than cancelling service, think about the small businesses that won’t be here after the pandemic is over if we don’t invest in them. If you’re in a financial position to continue to pay for services, please do.
We will get through this together. Your Chamber is here to help.
Please contact us via email firstname.lastname@example.org or call 424-378-7111.
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This content is for information purposes only and information provided should not be considered legal, accounting or tax advice or a substitute for obtaining such advice specific to your business.