Keeping small businesses fiscally healthy during the Covid-19 Outbreak
Lake Geneva (CBS 58)--Today's uncertainty affects us in so many different ways, including our pocket books. Some industry experts say at least a quarter of all small businesses will have their revenue directly impacted because of the Coronavirus. Amy Peterburs of Lorelei Bittner's Bakery in Lake Geneva says she's had to make some major adjustments right away, including taking unemployment for herself to cut down on payroll expense. She's also had to come up with other ways to sell her items, like more pre-packaging and "bakery" kits to use at home.
As a small business owner, there are other considerations, like business interruption insurance. Here are a few links that may be a big help to you at this troubling time.
Business Interruption Insurance
Forbes Magazine Article on Small Biz vs. Covid-19 Virus
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