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Great Falls Development Authority offers assistance for businesses affected by COVID-19

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Posted at 4:32 PM, Apr 03, 2020
and last updated 2020-04-04 08:36:31-04

GREAT FALLS — The Great Falls Development Authority is offering several new resources for businesses that may be struggling during the Coronavirus pandemic.

Business owners can visit the GFDA website to get labor and employment help, access webinars, including sessions offering one-on-one advice, be a part of a virtual meetup series, and access a crisis toolkit.

GFDA president Brett Doney says that some businesses are able to survive during this pandemic because the virus has not had that much of an impact on their production and sales levels.

For the businesses that mighty be struggling, he advises that they consider adopting a “hibernation” strategy. This would, in theory, allow them to remain operational while also minimizing the amount of money that they are losing while the majority of the city, state, and country are stuck indoors.

Another option is a change to business structure and plan. Businesses like Smoked American Barbecue adopted a takeout and delivery only policy before it was required by the state of Montana. Although this method may not be ideal for every business, it does have the potential to keep businesses afloat, when the alternative would be indefinitely closing their doors.

The GFDA is also offering advice about loans, the job market, and other topics on their website during this unprecedented time for businesses. Click here to visit the GFDA website for more information.