upstate entrepreneur ecosystem · los angeles / memphis / mexico city / miami / milwaukee /...

Upstate Entrepreneur Ecosystem2020 WORKSHOP I I IA WEDNESDAY, JULY 22, 2020

SERIES SPONSORS

Connect: Post in ChatYour nameYour organization

What, specifically, have you felt most unprepared for over the last 4 months?

Why?To increase the Ecosystem’s

- ability &

- capacity Entrepreneurs be more- successful - faster

Who? Anyone or any entity that supports

entrepreneurship & the many different types of entrepreneurs

Today’s Activities: Best Practices

• Learn• Connect• Empower

people + culture = everythingTRUST

The Entrepreneurial Ecosystem Playbook, Draft 2.0, 2018, The Kauffman Foundation.

2020 WorkshopsQuarter 2

Digital Audits and Support During

Covid-19

Quarter 3

July - Financial Statement Preparedness

Entrepreneur Resiliency: tools

Quarter 4

Global Entrepreneurship Week

???

Announcements Events on TATT Website – send your events to

[email protected]• UpstateVibe365

Previous Webinars and Workshop on the Economic and Entrepreneur Vitality TATT site• Driver areas > Economic & Entrepreneural Vitality > scroll

down

mailto:[email protected]

https://www.tenatthetop.org/event-calendar/

https://www.tenatthetop.org/driver-areas/economic-entrepreneurial-vitality/

Start:Grow Business Resource Connection (under construction)

Short videos featuring resources - posted online- metatags for searching

Survey = Strength Profile

Survey Answers = baseline resource list & how featured on videos

September 15-16 and 29, 2020VirtualSept. 7 registration deadlineESHIPsummit.Kauffman.org

https://eshipsummit.kauffman.org/home-eship2020/

Global Entrepreneurship WeekNovember 16-22, 2020

Learn: Legal Minute with Michael

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Presented by

© 2020, Ogletree Deakinswww.ogletree.com

COVID-19 – Return to Work Issues (Part 2)

S. Michael Nail

Atlanta / Austin / Berlin / Birmingham / Boston / Charleston / Charlotte / Chicago / Cleveland / Columbia / Dallas / Denver / Detroit (Metro) / Greenville / Houston / Indianapolis / Kansas City / Las Vegas / LondonLos Angeles / Memphis / Mexico City / Miami / Milwaukee / Minneapolis / Montréal / Morristown / Nashville / New Orleans / New York City / Oklahoma City / Orange County / Paris / Philadelphia / Phoenix / PittsburghPortland (ME) / Portland (OR) / Raleigh / Richmond / Sacramento / San Antonio / San Diego / San Francisco / Seattle / St. Louis / St. Thomas / Stamford / Tampa / Toronto / Torrance / Tucson / Washington, D.C.

Last Time

Families First Coronavirus Response Act (FFCRA) EPSL E-FMLA

CARES Act PPP Unemployment

Workers’ compensation presumption law Possible liability protections Best Practices – How to Keep Employees Safe and Applicable Guidelines


This Time

What happens if an employee gets sick?“The Why”


Sick Employees (Highlights) Among other things, ask employees to evaluate themselves for signs/symptoms of COVID-19 before coming to work and

to stay home if they are not well. Also establish a protocol for managing people who become ill in the workplace and cleaning and disinfecting spaces the ill

person has occupied to prevent exposure to other workers, customers, or visitors. Be transparent with other employees, without providing names. Employees who may have been exposed to the virus or are exhibiting symptoms should stay home and/or get tested. Sick employees should follow CDC/SCDHEC-recommended steps to help prevent the spread of COVID-19. Employees

should not return to work until they have met the criteria to discontinue home isolation and have consulted with a healthcare provider.

Employers may conduct COVID-19 tests in the workplace “if applied in a transparent manner applicable to all employees (i.e., non-retaliatory).”

Employers can conduct work site temperature checks or other health screenings “if applied in a transparent manner applicable to all employees (i.e., non-retaliatory).” OSHA reminds employers to “maintain confidentiality, as required by the Americans with Disabilities Act.”

Keep records! Disinfect!


What if an employee has been exposed but is not showing symptoms? (Highlights)

Employees may have been exposed if they are a “close contact” of someone who is infected, which is defined as being within about 6 feet of a person with COVID-19 for a prolonged period of time:

Potentially exposed employees who have symptoms of COVID-19 should self-isolate and follow CDC recommended steps.

Potentially exposed employees who do not have symptoms should remain at home or in a comparable setting and practice social distancing for 14 days.

All other employees should self-monitor for symptoms and wear cloth face coverings when in public. If they develop symptoms, they should notify their supervisor and stay home.


What if an employer finds out several days later, after an employee worked, that they were diagnosed with COVID-19? (Highlights)

If it has been less than 7 days since the sick employee used the facility, clean and disinfect all areas used by the sick employee following the CDC cleaning and disinfection recommendations.

If it has been 7 days or more since the sick employee used the facility, additional cleaning and disinfection is not necessary. Continue routinely cleaning and disinfecting all high-touch surfaces in the facility.

Other employees may have been exposed to the virus if they were in “close contact” (within approximately 6 feet) of the sick employee for a prolonged period of time.

If an employee is confirmed to have COVID-19, employers should inform fellow employees of their possible exposure to COVID-19 in the workplace but maintain confidentiality as required by the ADA.

Those who have symptoms should self-isolate and follow CDC recommended steps. In most workplaces, those potentially exposed but with no symptoms should remain at home or in a

comparable setting and practice social distancing for 14 days. Employees not considered exposed should self-monitor for symptoms. If they develop symptoms, they should

notify their supervisor and stay home.


Resources

OSHA Guidance https://www.osha.gov/Publications/OSHA4045.pdf

CDC Guidance https://www.cdc.gov/coronavirus/2019-ncov/community/general-business-faq.html

SCDHEC Guidance https://scdhec.gov/infectious-diseases/viruses/coronavirus-disease-2019-covid-19/businesses-

employers-covid-19 Scenario Chart

https://scdhec.gov/sites/default/files/media/document/DHEC_Interim_Guidance_for_COVID-19_Scenarios_for_Businesses_7.9.20.pdf

https://www.osha.gov/Publications/OSHA4045.pdf

https://www.cdc.gov/coronavirus/2019-ncov/community/general-business-faq.html

https://scdhec.gov/infectious-diseases/viruses/coronavirus-disease-2019-covid-19/businesses-employers-covid-19

https://scdhec.gov/sites/default/files/media/document/DHEC_Interim_Guidance_for_COVID-19_Scenarios_for_Businesses_7.9.20.pdf


Ogletree Resources

Flat fee menu of template documents and surveys FFCRA compliance documents Ogletree Coronavirus resource center for clients/publicFAQsArticlesPodcasts

.

Presented by

© 2020, Ogletree Deakinswww.ogletree.com

Thank you!

S. Michael Nail

Expecting More: Financial Literacy in the Upstate Entrepreneurial Ecosystem

Earl Gregorich, CBAGreenville Area Manager

Poll Question

Do you ask clients to see their financial statements?

COVID Impact

• I can’t qualify for funding because I don’t have any employees…• I’m not sure what my sales are… What are COGS?• My bookkeeper hasn’t given me the numbers yet…• I only “do numbers” when I “do taxes.”• The “big companies” are getting all the money, why can’t I get some?

Unfortunately, this has been the accepted norm in many circles (including OURS!)

Poll Question

How important are financials in your role serving entrepreneurs?

How do we change the culture?Establish a common financial baseline

• Income Statement• Balance Sheet• Cash Flow • Breakeven• Running 18 month projections

We are not trying to make them all accountants –

Entrepreneurs and Business Owners just know what is needed to run a business more effectively

Chat Comments

What are the biggest obstacles to obtaining financials from your clients?

How do we change the culture?• Encourage use of standardized tools (QB, Xero, Excel)

• Explain the advantage of working with an accountant / bookkeeper

• It’s not just for start-up, growth or crisis management

• Financials are the core from which all other planning begins

• Regularly benchmark the business against industry trends• Profitability (Gross, Net)• Expense allocations• Sales growth• Sales per employee• Pricing comparison

Poll Question

Will you now start asking for financial statements in client meetings?

Possible Related Topics

• How to overcome obstacles when asking for financial data…

• What to do with financial data when you get it…

• Setting up KPIs to encourage the use of financial data…

• Tools for clients and consultants to improve financial literacy…

• How we measure the effectiveness of improved financial literacy expectations…

CONTACT US. WE CAN HELP

√ Free private consulting

√ Business plans

√ Financing Options

√ Marketing strategies

√ Financial analysis

√ Employee management

√ Government contracting

√ Veterans business

√ Exporting business

√ Low-cost business seminars

√ Resources and referrals

CLEMSON AREA SBDCCounties served: Anderson, Oconee and Pickens864.710.4717

GREENWOOD AREA SBDCCounties served:Greenwood, Laurens, Abbeville,Edgefield, McCormick and Saluda 864.941.8092

GREENVILLE AREA SBDCServing Greenville County864.370.1545

SPARTANBURG AREA SBDC Serving Spartanburg County864.592.6318

BENNY SMITHClemson Area Manager

[email protected]

BEN CALHOUNGreenwood Area [email protected]

EARL GREGORICHGreenville Area Manager

[email protected]

KOSTAS IOANNIDISBusiness Consultant

[email protected]

KATRINA MEEKSSpartanburg Area [email protected]

SHERRY PITTINGERGovernment [email protected]

JILL KESLER-McCOLLUMClemson Region Director

[email protected]

ANDREA GALEHOUSEOffice Manager

[email protected]

Thank You!

Staying ConnectedSend your events to Justine: [email protected]

Upstate Entrepreneur Ecosystem Slack ChannelUpstate Entrepreneur Ecosystem:https://upstateentrep-fi74224.slack.com/https://slack.com

mailto:[email protected]

https://upstateentrep-fi74224.slack.com/

https://slack.com/

Thank You!Additional questions & discussion

upstate entrepreneur ecosystem · los angeles / memphis / mexico city / miami / milwaukee /...

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