As I write this, the world is in the crisis of dealing with a worldwide pandemic. The Coronavirus (COVID-19) continues to spread and from day to day childcare providers all over the world are having to make decisions regarding their businesses.
In California, my home state, we have heard our public officials give daily revisions to guidelines. Recommended crowd sizes have changed and a panic that has driven the population to buy out food and supplies. And as we await a teleconference call in the next day, we are not certain what the immediate future holds for our businesses.
What about the Coronavirus and Childcare?
With all the uncertainty of when this crisis will end, many of us are saddled with the additional concern of what will happen financially if we need to close our business.
What will happen if parents stop bringing their children? What will happen if licensing or the health authorities advise providers to close? What can we do to make sure our childcare business financially survives the Coronavirus pandemic? Be sure to read to the end for SBA Disaster Loan Info.
