CEO Vista bank - John Steinmetz's 6 tips for sustaining small business during COVID-19
                     VISTA BANK CEO, JOHN
STEINMETZ
Sustaining through 
prolonged COVID-19
6 Tips for Your Small Business to Survive Our Masked 
Economy
2020 - A challenging 
year 
MOST IMPORTANT TIPS
PPP Forgiveness
PPP Round Two
Main Street Lending Program
Cash is King
Pivot
Communicate with Your Creditors
Tough times for businesses
HOW CAN THE LEADERS ACT?
John Steinmetz explains how leaders should help their team 
and client base navigate these times of great unrest and 
uncertainty
PPP Forgiveness
IF YOUR COMPANY TOOK OUT A
PPP LOAN, DON’T WAIT TO PAY 
IT OFF
Your bank should have a plan in place, so reach 
out to them sooner rather than later and get 
started.
PPP Round Two
SET SOME GOOGLE ALERTS OR 
NOTIFICATIONS FROM CNBC OR THE 
WALL STREET JOURNAL
Prepare your business for the possible second round of 
assitance
Main Street 
Lending Program
A VIABLE ALTERNATIVE
Vista Bank is a participant but If your bank is 
not participating in the Main Street Lending 
Program, speak with a bank that is.
Cash is King
CUT UNNECESSARY EXPENSES
Take all the necessary measures, including pay 
and bonus cuts, including yourself as a leader, 
to give your company a fighting chance. 
Pivot
BE CREATIVE
Find innovative ways to solve the problems of 
your existing and new customers.
Communicate with Your
Creditors
A CRITICAL REQUIREMENT
If they see you cutting expenses and paying everything 
you can, they are more likely to work with you towards 
your ultimate success.
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