The current crisis will put many small businesses on life support. Karen Mills, who served as the Administrator of the SBA from 2009 - 2013 and has been advising policymakers on aid options, offers guidance to owners on the brink of ruin.
“This is the number one thing that we can do to keep our economy going during this particular crisis,” she says. “This is about helping small businesses, but it’s also about helping their employees and their families. They need to know that there will be a job and a paycheck when we get to the other side of this crisis.”
https://hbswk.hbs.edu/item/how-small-businesses-can-survive-the-coronavirus-outbreak