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.

Getting online
National

GoDaddy

How to plan your online presence

Free 4-part video course where you'll learn the three essential components for an online presence using GoDaddy. How to select and register a great domain name for your business, how to choose the right email package for your business and create a professional email account, what to consider when planning, budgeting, and building a website for your business.

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

Getting online, Marketing tools, Selling online
National

Weebly

Weebly Website Builder

Weebly is an easy-to-use website builder with a free option. It lets you create and publish responsive-design sites, blogs, and online stores. Weebly offers eCommerce tools to simplify order management, shipping, and payments as well as integrated marketing tools, from Facebook ads to automated email campaigns.

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

Getting online, Selling online
National

Wix

Wix Website Builder

Highly popular website builder with a large number of highly cuspmizable templates and designs focused on various industries. They offer business tools such as online stores, Wix Bookings (to accept online appointments and bookings) or Wix Restaurants and Wix Hotels.

Audience: Small Business Owners, Self-employed

Pivoting your business
National

AboutTheBusiness.com

Coronavirus: Pivoting Your Business

There are lots of examples being reported in the news each day of businesses pivoting to new revenue streams. If you’re considering a pivot, then it’s worth thinking through a few steps first. Sometimes the change to a new product or sales line involves investing in new equipment or supplies. It may also require retraining staff and finding new buyers for your new product.

Audience: Small Business Owners, Self-employed

Pivoting your business
National

Business.com

Pivoting Your Business in Response to COVID-19

Pivots generally carry significant risks, but leadership recognizes that the potential benefits outweigh the risks. For companies looking at defensive pivots, it is clear that changing business models is less risky than doing nothing. This is the situation many organizations face today – inaction will lead to a failed business. This crisis makes defensive pivots essential for many companies.

Audience: Small Business Owners

Financial planning, Exit strategies
National

Nav

Business Bankruptcy: What Options Are Available?

Business bankruptcy is serious, but it doesn’t necessarily mean the end for your business. It does present some tough decisions and a good amount of paperwork, however, so you need to know what you’re getting yourself into. Let’s take a look at a few questions you’ll want to answer before we dive into the bankruptcy code.

Audience: Small Business Owners

Pivoting your business
National

Nav

How to Pivot Your Business During the COVID-19 Crisis

“Pivot” is a word that has joined the lexicon of phrases linked to the coronavirus crisis. Small businesses are being told to pivot their businesses to meet the needs of the new economy — and to simply stay alive. Of course that’s often easier said than done, but those that succeed may find their businesses permanently transformed for the better. Here are lessons from four entrepreneurs who are navigating the new normal. 

Audience: Small Business Owners

Exit strategies
National

The Balance

Beginner's Guide to Business Bankruptcy

Bankruptcy cases can be characterized in different ways. One is by the chapter of the US Bankruptcy Code under which the case is filed. Each chapter has different requirements and different goals. Even more fundamentally, it is necessary to determine if the bankruptcy case is a business or non-business case.

Audience: Small Business Owners, Self-employed

Financial planning, Exit strategies
National

Intuit Quickbooks

How to Avoid Filing for Business Bankruptcy

Businesses experiencing tough financial situations might consider declaring bankruptcy. While there are cases where business bankruptcy is the right move, it’s not always a good call. If you decide to file for bankruptcy, and your business is a candidate for bankruptcy, you need to know your options.

Audience: Small Business Owners, Self-employed

Financial planning, Exit strategies
National

Inc.

Best Time to File for Bankruptcy

Under the current Chapter 11 law, filing for bankruptcy was a complicated task, particularly for smaller companies. But now, under  the Small Business Reorganization Act of 2019 (SBRA), those small businesses who have less than $2.7 million of secured and unsecured debt can enjoy a new subchapter of Chapter 11 which takes a lot of the complexity out of the bankruptcy process, while also providing more options.

Audience: Small Business Owners

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