Keep your small business afloat during times of crisis. Learn how to manage your mindset, your finances, and your team and identify resources that can help your business survive.
Overview
Syllabus
Introduction
- Determine what steps to take to keep the business afloat
- Control your mind and identify the specific problems
- Evaluate tasks to tackle immediately or pass off
- Inventory and rank business expenses
- Create cash runway projections
- Communicate truthfully to your team
- Available financial options: Credit cards and credit lines
- How to identify which expenses to pause or eliminate
- Communicating to the bank during uncertain times
- Federal, city, and community financial support options
- Timely and honest communication with customers
- Partnering with fellow founders to extend your reach
- Analyze the competition and your strategies during uncertain times
- Tell others how to help support your business
- Resources to help navigate a business through uncertain times
Taught by
Kim Kaupe