Business Owner Update - Friday March 27, 2020
Today the Federal Government and Bank of Canada finally...
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New Business for Sale listed in Rural Mountain View County, Rural Mountain View County
Posted on September 8, 2017 by Rob Campbell
Here is a New Business Listing at #address. If you would like further information or a tour of the site please call me at (403) 259-8210 #.
8 Acres of Highway Commercial Land (C-LC Local Commercial District) Fantastic Highway visibility from Highway 27 in the County of Mountain View as you enter the Town of Sundre. There is over 700 ft. of highway frontage on this major transport route for the Oil & Gas, Logging and Tourism industries. There is 6 acres of compacted pit run that could possibly be used for a variety of uses, Service Station or Truck Stop, RV Sales or Car Dealership or a host of other Permitted and Discretionary Uses. There is a small 864 sqft house on the property that is currently rented out, as well as a 40x60 Quonset Bldg. that is also currently rented out. These can be rented out or used as office and workshop for all sorts of businesses. Both of these buildings are in good shape, the house has been renovated.
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In talking to many of you this week, the number one emerging issue is stress. The rapid rate of change being imposed on us, our employees, suppliers and customers is unprecedented. The uncertainty regarding our health, both physical and financial, stemming from a dangerous virus racing around the globe is overwhelming many people.
The result is often emotional – anxiety, fear, and depression. This in turn impacts morale and mental health, both yours and everyone you work with – the ones working on-site, the ones working remotely and the ones now on EI waiting to come back.
They need your leadership. This is not the zombie apocalypse because we can do a lot to get this under control. Four things to consider:
Human beings are hard-wired to be social. Remember to reach out to a friend, colleague, employee, customer or supplier to see how they are doing (phone, text, facetime, video meetings, email even). There is no reason physical distancing needs to become human isolation.
Here are three resources to help you deal with stressed out employees, colleagues, suppliers and customers. More in the coming days:
Employee Morale: Mental Health & Resiliency for your employees
"When you come to the end of your rope, tie a knot and hang on."
Franklin D. Roosevelt
Pete Baran | 403-973-3531
Chief Business Mechanic | Blueneck Consulting Inc.
Here is a new listing that I am happy to post at 5019 1 ST NW in Calgary.
Huge opportunity! Solid bungalow located in the northwest community of Thorncliffe on a large lot with west facing backyard. The upper level features two bedrooms, main four-piece bathroom, kitchen, dining, and living room. Large windows allow for loads of natural light. Hardwood floor throughout the main level. The partially developed basement is divided up into a rec-room, potential den or home office, storage room, and laundry room. Rear deck overlooks the large west facing rear yard. Carport parking is accessed from a front driveway. Ideally located steps from multiple schools, numerous parks, multiple amenities, public transit, and only minutes from the downtown core. This property requires some TLC but is perfect for a homeowner, renovated or investor, view it today.
For employers, we are getting more detail on the payroll subsidy:
For those who were considering using the job-sharing option, this is now, for most businesses, a better option.
Next Steps: I have started building detailed 90-day business financial plans for some of you. This provides a specific list of actions based on your own financial P&L statements that includes estimating the impact of using the government programs and includes a list of other actions you can do to help your business weather the storm. If any of you are interested in having this done for your business, contact me.
If any of you will need a business loan to survive a prolonged event, but would not otherwise qualify for a loan, there is money available from the government. https://www.bdc.ca/en/pages/special-support.aspx.
Small businesses with a payroll between $50K to $1M should look to the Canada Emergency Business Account https://www.canada.ca/en/department-finance/news/2020/03/additional-support-for-canadian-businesses-from-the-economic-impact-of-covid-19.html As described in my emails last week, this if interest-free, $40,000 where you can be forgiven up to $10,000 if you pay it back before the end of 2022.
Here is a description of the application process and the questions you will likely be asked https://www.krp.ca/lending-rules-for-bdc-covid-19-relief-program-take-shape
This is the last week you have to re-plan your businesses for the next 2-3 months to stay in front of the situation. If you don’t know what you need to be doing and how much of it you need to be doing, please contact me. I want to see you all survive this event as best as possible!
Next 2 weeks, the focus will need to shift to full-implementation of that plan and start looking for short-term business opportunities with customers who are less impacted by COVID-19. This is a very tactical that looks a lot like war-time situation management. Even with a plan, the situation going forward will be fluid (some good, some bad).
Later in April, your planning will need to focus on re-positioning your businesses to be ready to sling-shot out of this event!
Please continue to pay strict attention to all of the hygiene/safety recommendations and emotional/mental health issues discussed here over the past two weeks! Let’s do everything we can to keep our employees, customers, suppliers an colleagues healthy so we can all get back to work faster!
Pete Baran | 403-973-3531