Crisis Management for Small Business Owners
During this recent period of "shelter in place" orders across the nation, many small business owners have experienced immediate impact in both revenue and day-to-day operations. In an effort to provide financial assistance for these businesses, the government passed several fiscal support packages to be administered through the Small Business Administration. Unfortunately, due to extremely high demand for these grants and loans, many businesses were unable to secure financing. And, of those who have received a loan, some business owners report uncertainty as to the terms and conditions surrounding how to spend the funds.1
