- Contact all customers to determine impact on your business
- What to expect regarding Collections, Sales
- Request Deferment of payments – loans, rents, vendors
- Inventory and purchases – reduce as needed
- Review all expenditures, reduce where practical
- Update Projections
- Apply for assistance through Disaster Relief programs
- how many Employees does the business need?
- rank all employees in each functional area (importance, value)
- reduce employees as needed
- maintain employees where practicable – use PPP funds, sick leave, family leave
- keep employees productive by identifying projects that will provide benefit when marketplace returns to normal
- develop plans – 30-day, 90-day, 1 year, 5 year
- action items
- Monitor and assess continually
- A Comprehensive breakdown of what is available – Available Relief programs
- What to ask for, when to expect it, how to use it – How to maximize your PPP
BUSINESS SURVIVAL KIT
STAY POSITIVE
MAINTAIN YOUR PERSONAL HEALTH AND WELLNESS
KEEP YOUR EMPLOYEES SAFE
KNOW YOUR NUMBERS
IMMEDIATE CASHFLOW Assessment
Employee Assessment
S.W.O.T. Analysis
– complete analysis updated for current environment
– look for new opportunities created by the disaster
– what is happening with your competition? Who will survive?
Plan and prepare for the future
Be Accountable
BE A LEADER