The outbreak of the COVID-19 pandemic has crippled our economy nationwide and small businesses are among the most heavily affected by this crisis. Cape Fear Community College’s Small Business Center is a free resource that area small businesses can count on for practical advice and counseling. Jerry Coleman is the director of our Small Business Center. I have asked him to provide a few thoughts on what small businesses can do now to help them throughout this troubling time.
Jerry Coleman – Director, Cape Fear Community College’s Small Business Center
The coronavirus has created unprecedented challenges for business owners, individuals, and families throughout our community. We understand that many small businesses are beyond stressed. They are experiencing a dramatic decrease in revenues, compounded by their concern for employees’ health and financial wellbeing, the interruption of supply chains, and the domino effect of numerous other business challenges nationwide.
At the Cape Fear Community College Small Business Center, we are closely monitoring the ever-changing situation with COVID-19 and responding as new information becomes available. Our goal is to serve our area small businesses by providing the information and guidance small businesses need to prepare and respond to the situation as it continues to unfold. Our hope is that our small business owners are able to sustain their businesses during this financially, mentally and physically stressful time. Here are a few operational recommendations to consider:
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