SCORE Cape Fear News
June 2020
BIZ SUCCESS TIPS
3 Tips for Properly Pivoting Your Business Model
Amid COVID-19, many businesses are hard at work pivoting their business models. If your small business is ready to pivot, here's what you need to know before getting started.
Reopening Guidance for Local Restaurants

The North Carolina Restaurant & Lodging Association (NCRLA) has developed the Count On Me NC guidelines to help businesses, and their guests, stay safe and get back on track.

UPCOMING WEBINARS
10 Principles to Running a Virtual Company Extremely Well
June 2 | 2 PM
Gain expert tips and insight on how to run a company virtually; from running productive meetings to how to know if your staff is actually working.
A Simple Recipe for Social Media Success

June 24 | 1 PM
In a time of such uncertainty, it's more important than ever to know how to be engaging and get results. Join this Webinar and get a recipe for social media that saves time and gets the results you need to grow your business.
AVAILABLE RESOURCES
Paycheck Protection Program (PPP) updates

May 15: Release of PPP Loan Forgiveness Application and detailed instructions .
May 28: The House passed legislation to help more small businesses qualify for PPP loan forgiveness. The bill extends the 8-week period during which PPP funds must be spent to 24 weeks; and reduces to 60% the rule requiring PPP borrowers to spend at least 75% of the funds on payroll costs.
This week: The Senate will consider the House-passed bill and may propose changes to it.
To keep up to date, please check SCORE and SBA on a regular basis.
SCORE mentors are ready to help!

Talk to a SCORE mentor for expert answers to any of your business questions; no question is too big or too small.
SCORE is a nonprofit association dedicated to helping small businesses get off the ground, grow and achieve their goals through education and mentorship. SCORE is funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All opinions and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.
CONNECT WITH US
on our website or on social media: