Has your business been impacted by COVID-19? 

Please take a moment to fill out this survey that will allow the Virginia Department of Small Business and Supplier Diversity to collect data on the impact COVID-19 is having on business revenue and employment. https://www.surveymonkey.com/r/7RMY8SH

Continuity is important for every stage of business. Virginia, as of Monday, March 16, 2020 has 51 patients that have tested “presumptive positive” or positive for the COVID-19 novel coronavirus in Virginia. The situation is changing quickly and we will update this page as we learn more.

Luckily, there are plenty of virtual COVID-19 resources for small businesses available in Virginia. The Virginia SBDC Network, as part of our emergency preparedness strategies for businesses, is ready to strategize with entrepreneurs statewide to develop individualized plans to keep your business running as smoothly as possible.

Learn More About COVID-19

 

Will COVID-19 Affect My Business?

COVID-19 will, if it has not already, affect your business in some manner – everything from employees staying home sick, daycare accessibility, vendors unable to fill orders, and/or customers uncertain if they should shop. Your business can prepare.

Help is Available

The Virginia SBDC Network staff is located throughout the state and is capable and able to meet with you virtually (phone, web conferencing) to assist with your questions.We offer confidential, no-cost technical assistance to help create a strategy specific to your business needs. Visit our website to find an Advisor near you and to learn some immediate implementable tips.

Contact your local Virginia SBDC Network location to make an appointment by clicking here.

How Can My Small Business Prepare for COVID-19?

1. Protect Yourself and Your Employees

Work from home and allow employees to do the same if possible. Consider allowing employees to connect to the business network (if you have taken the proper cybersecurity precautions) and forward office phones to employees’ phones.

Other tips:

Wash your hands regularly with soap and water for at least 20 seconds or use a hand sanitizer that contains at least 60% alcohol.

Encourage sick personnel to stay home and self-quarantine as advised by their physician.

Consider disinfecting your business by following this guide from the Centers for Disease Control and Prevention (CDC).

2. Protect Your Customers

Reassure your customers that you are taking steps to protect their health (especially if you own a restaurant), such as properly cleaning your business at regular intervals and requiring sick employees to stay home.

Other tips:

Use phone conversations and video conferencing to meet with customers when possible.

Offer hand sanitizer near your business’ entrance and at cash registers.

Avoid shaking hands or having other physical contact with customers.

3. Protect Your Business

Talk to your banker as soon as possible to plan short-term financing options if you are worried about your business finances during a potential downturn.

Low-interest federal disaster loans are being offered by the SBA to small businesses that are suffering substantial economic injury as a result of COVID-19. You can learn more here: SBA Disaster Assistance.

Other tips:

Look into delivery or curbside pickup opportunities, especially if you have a restaurant or retail business.

Develop a plan for employees to continue working on other projects and business-related duties in the event that your business is closed due to the pandemic. This will reduce the risk of losing employees to other businesses as they look for work.

Learn more about small business guidelines for COVID-19 from the SBA.

State_ Preparing for SBA LOANS (1)

Additional COVID-19 Resources for Small Businesses

Live Webinars

Unless otherwise noted, all listed webinars are FREE

March 20, 11:00 AM – 12:00 PM EST from the Loudoun SBDC: Social Communication Tips During COVID-19 Crisis, Register Here

March 23, 12:15 PM – 1:15 PM EST from the Virginia SBDC, Leading, Marketing and Being Productive in a Crisis, Register Here

March 26,  12:15 PM – 1:15 PM EST from the SBDC- Lynchburg Region, Tips and Tricks for Working From Home,  Register Here

March 26, 2-3 PM EST from the Northern Virginia Chamber of Commerce: Growing Through Challenges When Remote, Register Here

March 31,  12:15 PM – 1:15 PM EST from the SBDC- Lynchburg Region, Good Hiring Processes When You Are Hiring OnLine, Register Here

April 2,  12:15 PM – 1:15 PM EST from the SBDC- Lynchburg Region,Understanding and Mitigating Supply Chain Risks Remotely, Register Here

 

Spanish Language Webinars

March 24, 1-2 PM EST presented by the Puerto Rico SBDC: Manejo del  Cash Flow en Momentos de Crisis (Management of Business Cash Flow during Times of Uncertainty)  https://bit.ly/2J5e2xe

March 25, 1-2 PM EST presented by the Puerto Rico SBDC: Préstamos de Desastre del SBA ante el COVID-19 (SBA Economic Injury Disaster Loans for COVID-19 Emergency)  https://bit.ly/2WuUYAw

March 26, 1-2 PM EST presented by the Puerto Rico SBDC: Comience su Tienda Online (Start your Online Store)  https://bit.ly/2UnV761

March 27, 1-2 PM EST presented by the Puerto Rico SBDC:Alternativas de Financiamiento ante el COVID-19 (Other Business Financing Sources for the COVID-19 Emergency)  https://bit.ly/2UpppFB

 

Previously Recorded Webinars

Filling out the Economic Injury Disaster Loan (EIDL) Application: Watch the Recording Here

Employer Exposures and Protecting Your Business from the Northern Virginia Chamber of Commerce : Watch the Recording Here
 
Managing a Remote Workforce by Jennifer Woofter of the SBDC – Lynchburg Region, Watch the Recording Here
 
Virginia SBDC