Business Resiliency

As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about implications in the workplace and funding options to help bolster their businesses during this difficult time. On this page, we are compiling relevant tips and resources on business resiliency.

Financial planning
National

Next-door

How to Negotiate Rent for Your Small Business During COVID-19

Every day, local businesses are contending with stay-at-home orders, and mandated closures are making it harder and harder to make rent. And most cannot afford to wait much longer for small business loans to save the day, or for things to return to “business as usual.” Here are some stips to renegotiate rent for your small business during COVID-19.

Audience: Small Business Owners, Non-profits

Financial planning, Marketing tools, Pivoting your business, Productivity tools
National

Support Latino Business

Latino Business Resources

There are a significant number of resources available for Latino businesses. You'll find a curated several but please contact us if you would like to promote additional resources for our community.

Audience: Small Business Owners

Staying safe
Wisconsin

Wisconsin Economic Development Corporation

Relief and Recovery Resources for your Business

Every Wisconsin business can act now to develop policies that will guard against workplace exposure to COVID-19 by protecting employees, educating customers and keeping your workplace safe and sanitary.

Working toward that future will require the gradual adoption of new business practices that reflect the evolving reality of the COVID-19 pandemic and our success in mitigating the effects of this unprecedented global health emergency. Find out the reopening guidelines for your type of business.

Audience: Small Business Owners, Non-profits

Financial planning
National

Small Business Majority, JVS, and Turning Basin Labs

Accounting Program

Small Business Majority, JVS, and Turning Basin Labs have developed an innovative program to support small businesses with their bookkeeping and accounting needs. Eligibility: In business less than 5 years, annual revenue less than $500,000/year, minority-owned or women-owned business, have records established with QuickBooks (preferred)

Audience: Small Business Owners

Financial planning
National

Entrepreneur

Implementing these 2 strategies can help entrepreneurs reduce financial stress

As an entrepreneur, your focus might tend to be on what you need the most right now. An informal poll of entrepreneurs would probably point toward a discussion of prospecting and closing new business. It would center around getting more sales and the filling of pipelines. While the here-and-now are essential, successful entrepreneurs think strategically. Here are two strategies that small business owners can implement to reduce financial stress. 


Audience: Small Business Owners

National

Forbes

Six steps to an effective small business transformation

Leading a change of any kind requires disruption, which naturally creates uncertainty. Uncertainty makes people uncomfortable, and because of that, this initiative may not be easy, but it will be worth the effort. Here are six steps to transforming your small business.

Audience: Small Business Owners

Exit strategies
National

Forbes

Bankruptcy May Not Be Answer For Struggling Small Businesses

It’s an understatement to say that the pandemic has not been kind to small businesses. In fact, nearly 79% of small businesses have felt a moderate-to-large negative effect from the pandemic, according to an August 2020 U.S. Census Bureau Small Business Pulse Survey.


When a business has already exhausted its PPP loan but sales haven’t rebounded, what’s the next move?

Audience: Small Business Owners

Financial planning
National

Credit Card Issuers Customer Assistance in Response to Coronavirus

As coronavirus (COVID-19) continues to incite global economic fears and threaten public health, credit card issuers are beginning to roll out assistance programs for cardholders who may be financially affected by the outbreak. And as more cardholders’ wallets across the country are affected, whether by a decline in business, reduced work schedules or other limitations to income, banks are responding by implementing assistance programs. These programs can both help you remain in good standing with your issuer in the short-term and safeguard your credit score from long-lasting effects.

Audience: Small Business Owners, Self-employed, Non-profits

Marketing tools
National

Kabbage Gift Certificates to Support Small Businesses

Through Kabbage Payments, any business can sign up to sell gift certificates online, and anyone can purchase them to support participating small businesses. Once registered, businesses can send a custom link to their customers.

Audience: Small Business Owners, Self-employed

Pivoting your business
National

Inc.com

How You Can Plan for a Safe Reopening

As other businesses prepare to reopen, most will seek ways to ensure the safety of another crucial group: their employees. 

Audience: Small Business Owners, Self-employed, Non-profits

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