4 things you can do for your business now
1. Connect with help
You have a network of experts who are ready to help you navigate this challenging time. Many of them are right here in the KCSourceLink network of 240+ nonprofit Resource Partners, and many offer services at no cost.
Give us a call at 816-235-6500 or set up a virtual one-on-one with our Network Navigators (se habla español), and we'll help you develop your Personal Action Plan.
2. Keep bringing in business
Now, more than ever, it's important to communicate with your customers. (Scroll down to the Doing Business Online section on this page for some tips and useful templates.)
Your challenge this week: Send an email or social media post to your clients, fans and followers, and let them know your plan for a #SafeReturnKC. And register for this webinar that kicks off 10 a.m. Wednesday to get a road map and guide to responsible re-entry to the workplace.
3. Limit expenses
Now is the time to save cash. That means cutting all non-essential expenses and limiting inventory purchases. Check out these quick cash-flow tips. And there's more good stuff on the finances and funding page.
4. Look beyond PPP and EIDL loan programs
Yes, you've probably heard a lot of about these two major loan programs, but if you didn't qualify, know there are other options, like SBA Express Bridge Loans, the Main Street Lending Program and new grants from Salesforce and Spanx.
We keep a running list of grant and loan opportunities here. Plus, you can reach out to us if you're curious about your financing and funding options. And check your local government sites because some offer special support for small businesses, depending on your location.
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Upcoming (virtual) events you'll ❤️
🔑 10 - 11 a.m. April 29
If you're wondering about the best practices when your business reopens and want guidance from experts to inform your strategy, check out Safe Return KC: A Guide for Responsible Reentry into the Workplace.
🍻 Noon - 1 p.m. April 30
Check out KC Collective's Pitch and Pint, where entrepreneurs will compete for cash prizes. Follow the link, and sign up to pitch.
👉 Noon - 1 p.m. April 30
Learn how to lead through a crisis, pivot your business strategy, position your business for the future and more at How to Survive An Economic Downturn with the Women’s Business Center.
💡 9 a.m. - 5 p.m. May 1
University student entrepreneurs across Missouri, Kansas, Iowa and Nebraska will compete for $75,000 in total prizes at the Regnier Venture Creation Challenge 2020, put on by the Regnier Institute for Entrepreneurship and Innovation.
📚 Noon - 1 p.m. May 5
Check out this series of seriously useful courses from the Enterprise Center in Johnson County that’ll help you with finances, marketing and the most important skills your need right now. Explore the next class, Gaining Financial Clarity: A Cash-Flow Working Session.
💻 9 a.m. - 3 p.m. May 9
Maximizing your customer reach right now is more important than ever, so learn how to do it well at SCORE’s Business Concepts/Marketing Strategy.
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