Question to the DL: Strategies to access the new SBA loans for a startup during a disaster? Disaster Lady Answer: Ah, our old friends at the SBA (Small Business Administration). For many of us, we wouldn’t have a business unless we occasionally used SBA backed loans. However, the SBA Disaster Loan is a whole different… Continue reading About the SBA’s Economic Injury Disaster Loan Program
Category: Disaster Lady Q&A
IT Disaster Recovery Plans On The Fly
Question to the DL: Do you have a DR template we can use? Disaster Lady Answer: I do have different templates, but there is a reason that you do not see planners that just post templates out there. It is because there are different types of IT DR Plans. Is it for a large or… Continue reading IT Disaster Recovery Plans On The Fly
How To Handle Price Changes During a Disaster
Question to the DL: What pricing advice do you have for MSPs that are suddenly asked/expected to get their clients enabled for remote work from home? Disaster Lady Answer: When it comes to pricing strategies, you need to be careful. It is appropriate to build an extra margin for contingency (such as future bench time for… Continue reading How To Handle Price Changes During a Disaster
SBA’s Paycheck Protection Loan Program and the CARES Act
On Friday, the Small Business Administration (SBA) posted the final application for the Paycheck Protection Program for small businesses. This is the result of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a bill that was fast-tracked through Congress and signed by the President, part of which was to provide supplemental funding to businesses… Continue reading SBA’s Paycheck Protection Loan Program and the CARES Act
Is COVID-19 airborne?
Question to the DL: I have heard of experts saying both sides of this – is the virus airborne or not? In the interview I saw of Michael Osterholm – I believe he said it was air born – not simply a virus on something. I have to go back and watch it again. Disaster… Continue reading Is COVID-19 airborne?
Recovery Fatigue and the Disaster Lady 2.0
Hey folks! This has been quite a week. New COVID scams from hackers saying they have the cure to Dr. Fauci. Researchers announcing they are puzzled and don’t know why some folks get sick, while others just have mild symptoms. All of this while we are all working from home and afraid to turn on… Continue reading Recovery Fatigue and the Disaster Lady 2.0
Businesses Finding Medical Supplies
Question to the DL: I have TP in my warehouse but I am looking for sources for isolation gowns. Disaster Lady Answer: If you really are looking for sources, the best thing for you to do would be to sign up with a Group Purchasing Organization like Vizient or MedStar (which just got acquired by Vizient).… Continue reading Businesses Finding Medical Supplies
About Business Interruption Insurance
Question to the DL: What about my business insurance? Disaster Lady Answer: There are two truths about business insurance and major disasters that you need to know: Truth 1: Insurance companies do not make their money by paying out claims. Do not expect that you will get a lot of money from your insurance company… Continue reading About Business Interruption Insurance
Business Finance During Disasters
Question to the DL: How do I manage finances when I do not have a CFO? Disaster Lady Answer: This is a tough one, but the head of an organization has to be actively managing the finances per day. If you do not have a CFO, there are some things you can do yourself such as… Continue reading Business Finance During Disasters
What do you do when Face-to-Face Selling is no Longer an Option?
Question to the DL: Since this whole COVID broke, my whole business has slowed down. A face-to-face conversation was the best way for us to get new customers which is not possible right now. What do we do? Disaster Lady Answer: The easy answer to the question is to move to video conferencing. Easy right? Everyone… Continue reading What do you do when Face-to-Face Selling is no Longer an Option?