At this time, businesses should go into recession planning mode, and currently, the Washington Small Business Development Center is recommended to put together a six-month recession plan. The people who help you start, run, and grow your business are the same resources that can help you now. They can help you prepare a plan, help you cash flow plan, and help you prepare for loan applications. Check out the following local resources:
The Washington Small Business Development Centers
The WSBDC’s are ready to support you. An SBA-funded program that has existed for more than 40 years is here to help! Their advisors have owned businesses and completed extensive training to become a certified business advisor. These services are paid with your tax dollars and offered at no charge to you. Locally in Thurston County, we have two advisors and many more across the state. They offer one on one online and phone sessions during this time as well as many group webinars.
- Check out the Washington Small Business Development Centers resource links below to learn more:
- Every day at 11 am, they are hosting a business resiliency webinar:
For over 50 years, SCORE has served as America’s premier source of free business mentoring and education. As a resource partner of the U.S. Small Business Administration (SBA), SCORE has helped more than 11 million entrepreneurs through mentoring, workshops and educational resources since 1964. They are offering online and phone sessions with their many mentors across the country.
You can search for a mentor by industry or topic at www.score.org.
Additional Resources SCORE has for businesses:
WCWB- Washington Center for Women in Business
The WCWB is a program of the Center for Business & Innovation (CB&I), whose mission is to empower entrepreneurs to succeed in business by providing coaching, training, and technical assistance on a wide variety of topics. Right now web-based delivery methods and phone services are available throughout most of the State of Washington. We can serve you in English or Spanish.
Washington Procurement Technical Assistance Center
Sign up for services at www.washingtonptac.org
The PTAC is a program of the Thurston Economic Development Council, whose mission is to increase the government contracts and subcontracts that are awarded to businesses. One on one technical assistance is provided at no-cost. During the COVID emergency, PTAC is working with businesses offering solutions to government agencies and assisting agencies with connecting to suppliers.