Reopening & Staying Open - Assessing & Preparing for What's Next

If you’re like many businesses, you are probably working overtime to navigate the ever-changing landscape created by COVID-19. Whether you’ve already reopened or will be opening this summer, August will be an ideal time to assess what you’ve experienced already and develop a strategic plan for the rest of the year.

This session, presented by SCORE mentor Suzanne McGrath, will help business owners – including retailers and restaurants – learn from the experience they’ve had over the summer to:

• Create a pro forma Profit & Loss statement as a basis for planning the next 12 months
• Minimize costs and maximize revenue through market positioning
• Develop strategies for dealing with capacity limits, especially in a restaurant context
• Consider how to plan for a potential second wave as well as long term changes in consumer behavior
• Analyze options for dealing with lease issues