'Are we going to be left behind?' Where small business owners can go for help during the coronavirus shutdowns. (via CNBCMakeIt)
to help businesses; the Restaurant Workers' Community Foundation set up a relief fund to help workers and owners.that it will waive monthly service fees and remote deposit capture, as well as penalties for early CD withdrawal.There are other things small business owners need to keep in mind, beyond immediate financial relief. Here's some additional advice from experts on how to manage the current situation.
Seek out the expertise of a financial professional to help you plan how much reopening will cost, and start devising a plan for making that a possibility. If you are cash-strapped, Strauss says most communities have free legal resources for small business owners. You can search for those online or call your local SBA office.Contact the people you rely on
"Be straightforward and be honest," she says. "On Monday, I made a list of basically every vendor we have, made notes on everyone we have to get in touch with and made calls or sent emails to them all."
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