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Review - 2 – Initial Business Assessment

(Last Updated: 6/15/2020)

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It is important to look at the impact COVID-19 has had on your business and if you are prepared to move forward.
  • Have you fully considered whether to reopen, close, or sell/merge your business?
  • Are you willing to change your current business model to make it more sustainable long-term?
  • Are you prepared for the extra demands that recovering your business will place on you, both personally and financially?
  • Will there still be a demand for your product during and after the current crisis?
  • Have you investigated the potential liability in reopening?

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Get Started with a Business Advisor

To help sort out your responses, reach out to the New York SBDC nearest you in order to schedule a confidential, one-on-one session with an advisor.