COVID-19 Shutdown Resources for Small Business Owners

Post author:Lorna Whiteaker
Post published:March 27, 2020
Post category:Financial Health

Many of you may need some financial assistance as a result of the pandemic shutdown of businesses. I wanted to get this information to you and encourage you to start looking for resources for your business and yourself.

The SBA Disaster Loan Assistance website is https://disasterloan.sba.gov. You should check for eligibility and probably apply now. The site is slow with so many applying. I don’t know how they will be awarded (or when).
California sole proprietors may be eligible for unemployment assistance (DUA) under a federal program that provides financial assistance to jobless workers and the self-employed when they are unemployed as a direct result of a major natural disaster. For information on DUA look h ttps://www.edd.ca.gov/pdf_pub_ctr/de8714dua.pdf
If you are a corporation and have paid yourself with payroll you may also be eligible for unemployment benefits.

Here is the link to California resources: https://www.cal oes.ca.gov/cal-oes-divisions/recovery/disaster-recovery-assistance-for-individu als-businesses-private-non-profits-farmers-ranchers

Forbes has also posted a resources link: https://www.forbes.com/sites/advisor/2020/03/20/list-of-coronavirus-covid-19-small-business-relief-programs/

Tags: COVID-19, small business resources

Lorna Whiteaker

Lorna Whiteaker is a San Luis Obispo business consultant and coach dedicated to helping business owners get the results they want. Lorna has over 30 years of experience working with small businesses, working as an administrator in the legal industry and as an independent business consultant helping hundreds of entrepreneurs. With clear and realistic expectations of just what a business owner must deal with in running their business, big or small, she has worked with firms making 7 figures and start-ups with little more than elbow grease and a dream.

Like most of today’s business owners, I'm a purpose-driven entrepreneur. I have more than 2 decades of experience as a business consultant, financial skills trainer and profits coach.
I take great joy from helping others learn and utilize the skills and financial savvy that are the building blocks of profitable, easy-to-run businesses.
My first year in business was disappointing. There is such a difference between knowing what to do and HOW to do it. Once I realized what I had missed, I was able to triple my income my second year. The real bottom line is that… the use of simple tools and effective strategies produces profound results.
Since then, I have been able to consistently make informed decisions, rise above my fears, and build a highly profitable business (that has become more than I ever expected it would). I am more confident and have the freedom that time and money make possible. While I still don’t like tax season, it is not a time of anxiety and dread.
For me, there has been nothing more exhilarating and fulfilling than being able to confidently take focused action, make a difference, make money, love my business, and have a life I love. It would be my honor to help you to learn how to do the same.