Prepare Your Business to Borrow Money Now Before Negative Economic Shifts (MONEY)
Incidents like a Coronavirus outbreak can strain a small business's financial capacity to make payroll, maintain inventory and respond to sudden drops in demand. Businesses should prepare by exploring capital access options so that the money is there when it’s needed. Early communication with lenders can present financing opportunities even if they don’t need to be taken advantage of until later. Lines of Credit, SBA Disaster Assistance Loans, and small business loans can all be considerations. Find more information on what paperwork is required and how to begin getting your affairs in order today so that you will be prepared to access the funding you may need tomorrow.
Speaker(s): tenbiz, Inc. offers business services that improve efficiency, increase profitability and create value over the long term. tenBiz, Inc. develops strategy and manages projects for businesses and organizations through interactive client engagement, consultative relationships and education. Tonya Snider is the founder and CEO of tenBiz, Inc. She oversees the marketing and strategic development aspects of the firm, while also working directly with clients. She specializes in business strategy, training and project management and helps companies grow, streamline and drastically improve their bottom line. Before becoming a full-time entrepreneur, Tonya trained and consulted hundreds of businesses, was a commercial lender and developed entrepreneurship curricula and training for the public and private sectors. She has worked directly in both the non-profit and for-profit sectors and has a passion for helping people reach their goals.
Co-Sponsor(s): WBC Chamber of Commerce
Registered attendees will receive a Webex link to the session, by the email address provided by the attendee, 12-24 hours before each session.
Fee: No Cost