ceo vista bank - john steinmetz's 6 tips for sustaining small business during covid-19

10
Sustaining through prolonged COVID-19 6 Tips for Your Small Business to Survive Our Masked Economy VISTA BANK CEO, JOHN STEINMETZ

Upload: johndsteinmetz

Post on 23-Oct-2020

2 views

Category:

Economy & Finance


0 download

DESCRIPTION

John Steinmetz, CEO Vista Bank, provides the most useful insights based on his experience, for small businesses to navigate through one of the most toughest economically challenging times of COVID-19.

TRANSCRIPT

Page 1: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

Sustaining throughprolonged COVID-196 Tips for Your Small Business to Survive Our MaskedEconomy

VISTA BANK CEO, JOHNSTEINMETZ

Page 2: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

2020 - A challenging year MOST IMPORTANT TIPS

PPP ForgivenessPPP Round TwoMain Street Lending ProgramCash is KingPivotCommunicate with Your Creditors

Page 3: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

Tough times for businessesHOW CAN THE LEADERS ACT?

John Steinmetz explains how leaders should help their team andclient base navigate these times of great unrest and uncertainty

Page 4: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

PPP ForgivenessIF YOUR COMPANY TOOK OUT APPP LOAN, DON’T WAIT TO PAY ITOFF

Your bank should have a plan in place, so reach outto them sooner rather than later and get started.

Page 5: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

PPP Round TwoSET SOME GOOGLE ALERTS ORNOTIFICATIONS FROM CNBC OR THE WALLSTREET JOURNAL

Prepare your business for the possible second round of assitance

Page 6: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

Main StreetLending ProgramA VIABLE ALTERNATIVE

Vista Bank is a participant but If your bank is notparticipating in the Main Street Lending Program,speak with a bank that is.

Page 7: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

Cash is KingCUT UNNECESSARY EXPENSES

Take all the necessary measures, including pay andbonus cuts, including yourself as a leader, to giveyour company a fighting chance.

Page 8: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

PivotBE CREATIVE

Find innovative ways to solve the problems of yourexisting and new customers.

Page 9: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

Communicate with YourCreditorsA CRITICAL REQUIREMENT

If they see you cutting expenses and paying everything youcan, they are more likely to work with you towards yourultimate success.

Page 10: CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19

GET IN TOUCHhttps://www.linkedin.com/in/johndsteinmetz

https://twitter.com/johndsteinmetz

https://www.facebook.com/johnsteinmetzpage

https://www.instagram.com/johndsteinmetz/

http://johndsteinmetz.com/