University of La Verne SBDC Small Biz Blog

Photo by   Álvaro Serrano   on   Unsplash by Joshua Botello On March 19, 2020, the State of California issued a Stay At Home order for all residents and businesses (deemed nonessential) to close and minimize the spread of COVID-19. After approximately 7 weeks the order went into effect -- at the time of writing this article -- many businesses and workers have felt the stress of paying bills, protecting their families and livelihoods. Getting Back to Work Now that the end is in sight and a plan to open up the economy is nearly formed, many businesses will need to be “phased in” to opening back up. However, the riskier “hands-on” vocations will be scrutinized to maintain the safety of patrons and workers alike.  The question is: how can business owners ensure the safety of customers and workers while balancing a healthy financial recovery? Here are some ideas of what that might look like. Social Distancing Business owners will primarily need to prot...

By Joshua Botello Managing your business daily is stressful enough, not to mention in the midst of a crisis. Whether it be a Category 5 hurricane, 8.0 magnitude earthquake, or your office flooding because of a faulty toilet, but what do you do in the midst of a disaster? The answer to that question will determine whether your business sinks or gives you a fighting chance.  The key is preparation. Having an existing plan in place before disaster strikes can make all the difference. But what exactly are you supposed to be prepared for? Here are some tips and scenarios to avoid certain disasters. Photo by  Helloquence  on  Unsplash Know and Review Your Insurance Business insurance is a necessity. Policies for natural disasters like a brush fire, flood, and earthquakes (like California) will require you to weigh your options. Consider the likelihood of an event and whether you can stand to do business if your physical location is compromised. Here...