$354 Billion of Funding Gone in Less than 20 Days
As Congress fights amongst themselves to release another much-needed 250 billion through the CARES Act to small business owners, what can you do to save your business? What will you do now that the shock is over and the reality has set in? Give up? Retire? Wait for the Government to save you? No, you are an American Entrepreneur, strong and resilient, and here are a few tips to implement today!
FIle for help as soon as you can:
If you haven’t received funding, make sure your paperwork is in order to file for your PPP (Paycheck Protection Program) as soon as it opens up again. See the breakdown of the 2 Trillion Coronavirus Aid Package.
Check your Local Chamber and Associations for Programs:
Today, the U.S. Chamber of Commerce Foundation launched the Save Small Business Grant Fund. Corporate and philanthropic partners have established this in a collective effort to provide $5,000 grants to as many small employers as possible. They hope these supplemental funds will help you through the following days and weeks. Sorry, the funds were exhausted the first day. However, the EIDL Fund is going to be replenished.
Initiate an Online, Curbside Pick-up, or Delivery Program Now!
As we know it, business will never be the same again, and your business needs to adapt to stay competitive. Amazon is nipping at everyone’s heels. Learn from this and do what the big box merchants like Walmart, Target, and Large Grocery Stores are doing……Online, Curbside, Pickup, and Delivery. They all cater to their customer’s mobile devices, and it’s working. Isn’t it time your business followed their model and adopted a similar online ordering model?
