Small businesses facing economic challenges brought on by the COVID-19 pandemic can get a lifeline.
The Small Business Center at Wayne Community College is offering counseling to support existing businesses impacted by the pandemic and help new businesses take advantage of emerging opportunities.
The Center can provide experts to assist with:
- General business guidance
- Assessing the economic impact of the pandemic
- Strategies for scaling business operations
- Break-even and cash flow analysis
- Marketing plans
- Review of financial obligations
- Communication with creditors
- Loan package preparation
- Business resilience strategies
- Making referrals to other sources of assistance
The Center is able to provide this aid through the end of the year thanks to $51,724 provided by the State Board of Community Colleges.
The Board approved an allocation of nearly $3 million for Small Business Centers at the 58 colleges in North Carolina. The state funding was made possible by the 2020 COVID-19 Recovery Act.
“I’m appreciative that we got this funding that can help sustain people who are already in business and boost those who want to get started,” said Center Director Kimberly Wiggs Gamlin. “It is a great opportunity because there are a lot of people who need very specific counseling.”
Those seeking those services can contact Gamlin at 919-739-6941 or firstname.lastname@example.org.
The Small Business Center provides resources, free seminars, and one-on-one counseling for exploring business ideas, starting a business, or expanding an existing business. For assistance with business plans, licensing, taxes, federal and state government regulations, business ownership, loan and grant proposals, money sources, market research, cash flow projections, or business management, contact Gamlin.