Incidents can strain a small business's financial capacity to make payroll, maintain inventory and respond to market fluctuations (both sudden drops and surges in demand). Businesses should prepare by exploring and testing their capital access options so they have what they need when they need it.
Incidents have just as much impact on your workers as they do your clientele. It’s critical to ensure they have the ability to fulfill their duties while protected.
While the possibility could be remote, it is a prudent preparedness measure to ensure you have either adequate supplies of inventory for a sustained period and/or diversify your distributor sources in the event one supplier cannot meet an order request.
Depending on the incident, there may be a need to enhance the protection of customers and staff by increasing the frequency and intensity by which your business conducts cleaning of surfaces frequently touched by occupants and visitors. Check your maintenance contracts and supplies of cleaning materials to ensure they can meet increases in demand n.
Many businesses have business interruption insurance; Now is the time to contact your insurance agent to review your policy to understand precisely what you are and are not covered for in the event of an extended incident.
Depending on the incident, there may be access controls or movement restrictions established which can impede your customers from reaching your business. Additionally, there may be public concerns about public exposure to an incident and they may decide not to go to your business out of concern of exposing themselves to greater risk
It’s critical to communicate openly with your customers about the status of your operations, what protective measures you’ve implemented, and how they (as customers) will be protected when they visit your business. Promotions may also help incentivize customers who may be reluctant to patronize your business.
As a business, bring your staff together and prepare a plan for what you will do if the incident worsens or improves. It’s also helpful to conduct a tabletop exercise to simulate potential scenarios and how your business management and staff might respond to the hypothetical scenario in the exercise.
You have questions, we have answers! Email, Call or reach out on WhatsApp for quick solutions as we work through this together.
The Small Business Administration indicates that " In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.
Economic Injury Disaster Loans are also available to residents in declared disaster areas."
This process is fairly straight forward; however, we are here to accelerate the process and will be available anytime to help with any questions you may have.
Baxter Boyer is made up of current and former business owners, accredited investors, executive officers and business professionals with decades of experience in different fields.
Our philosophy is as ancient as business itself and through Trust, Confidence, Communication, your interests will always remain confidential and non-disclosed throughout the process.
We came together to create an environment of multi-cultural individuals who understand the needs of the business world and can use their talents and work ethic to represent clients in a manner which set their minds at ease.
In 1996, after graduating with a Business degree, James founded Axiom Inc, an enterprise digital media company, which he sold to Microsoft in 2004. After successfully selling a second company to Microsoft in 2010, he spent the following nine years buying, building, and divesting companies in a wide range of categories and valuations. As a partner and co-founder at Baxter Boyer, James’ proven ability, and understanding of an owner’s perspective, has contributed to more than 200 successful transactions in mergers and acquisitions.
Bob Visse spent 22 years at Microsoft Corporation where he held multiple positions in sales, marketing, and business management throughout his career. While at Microsoft, Bob managed 2 different businesses with P&L responsibility of over $1 Billion dollars. Bob has sat on the boards of MSNBC, Nine MSN, along with 3 other startups. Bob has invested, owned and sold multiple businesses since leaving Microsoft. His education background includes a Bachelor of Arts from Western Washington University and his executive MBA from Kellog.
Charles has over 30 years of leadership experience. In his 18-year Microsoft tenure he was a Principal leading multi-million dollar budgets, working with fortune 500 companies and governments. He’s led organizations in Windows Media, Server and Tools, TechNet, MSN and Enterprise Marketing divisions. The results included fantastic revenue, and raised satisfaction with millions of IT Professionals, a dozen patents and ubiquitous Internet video, email and collaborative solutions for businesses, network operators, and consumers. Since Microsoft, he’s run small businesses, been a board member and adviser performing due diligence for investors, and angel-invested in multiple sectors from manufacturing and food and beverage, to mining, high tech and software.
Mr. Anderson was formally trained on Wall Street as an Underwriter. During his career in the Fortune 500 Financial Services Sector, he rose to management positions with $25MM in underwriting authority.
Starting his own investment banking firm in 1998, Mr. Anderson has been exposed or involved in most aspects of corporate finance including, underwriting, private equity, venture capital, mergers, acquisitions, mutual fund development and management, board development, business plan development, strategic planning, road show and promotion, IPO and ICO. He has raised hundreds of millions in private equity and worked on transactions exceeding a billion. He has been interviewed and broadcast nationally and internationally, many times as an expert both on NASDAQ and at the NYSE. Prior to his work in corporate finance, Mr. Anderson served in the U.S. Marine Corps, including the elite Marine Reconnaissance Battalion. He held a Top-Secret clearance and also served operationally in the U.S. State Department at American Embassies overseas and at the U.N. in New York.
In 2002 John developed customer service skills which where sharpened by several years in sales leadership and management roles. In 2009 John studied computer science with an emphasis in network administration.
In 2014 he entered the beverage industry and by 2017 established a lead role as Chief Operating Officer and Vice President of a premium syndicated brand. John performed in high level negotiations and operations with business relationships and excelled in account-client management and confidentiality.
As Partner and co-founder at Baxter Boyer, Johnny's leadership as well as business development strategies are a huge asset to the strong foundation of the company.
Naomi graduated from the University of Washington with an B.A. in Comparative History of Ideas; and a minor in Law, Societies, and Justice. She desired to understand in greater depth how context, philosophy, and human creativity foster advances in society. With over 17 years of real estate investing and construction, she will provide clients with unparalleled market research. She is committed to making her clients the number one priority by helping protect their financial investments.
Madeleine Erhardt is an accomplished international business owner, investor and well-networked as a member of many Seattle area business organizations. She is the founder and President of Triple E Project C-Corp, which specializes in Real Estate investing and retail E-Commerce. In 2010, she co-founded the Academy of Interactive Entertainment, which is a programming, design and animation college in downtown Seattle and Lafayette, LA. She has held an array of community positions including board member in the Seattle Center and an organizer of the 50th anniversary of the Space Needle. She is also a board member at the Downtown Issaquah Association, as well as Chair Woman of the Issaquah Organization Committee. Madeleine is an expert in multicultural business. Having lived and worked in France, India, Lebanon, Malta and the United states she is pentalingual and holds a bachelors of science in Business and Communication as well as a Masters of Philosophy and Mythology for which she achieved a 500 hour Yoga Teacher Training Certificate in India.
Christian A. Codd, has been a licensed real estate broker working in the greater Seattle area since 2013, with a demonstrated history of working in the both the commercial and residential real estate industry, hospitality, development & community building as well as performing arts. He is a Strong professional with a diverse skillset bridging global resources in an international network. Specializing in boutique luxury hospitality and key community development from high-rise city center properties to housing communities, Christian's initiative is to activate abundance with sustainable profit margins, resilient community design, and profound transformative
Colton Ness has been a lifetime resident of the Pacific Northwest and became a Washington State University Cougar which he graduated at the top of his class focusing on Hospitality and Business Management.
Colton was the Chief Operating Officer of Access Seafood for 4 years and then started his own successful seafood business. After achieving his business goals he leveraged his position and sold the business to a competitor.
Colton’s experience of owning and selling of his own company gives him great perspective when consulting with buyers and sellers in business.
Colton’s first-hand business experience, and his ability to communicate with a broad range of constituents, gives him the ability to help his clients find sound investment opportunities for a long or short term financial picture.
Outside of the office, Colton enjoys golf, snowboarding, fishing, and rooting for the Washington State Cougars.
Sign up to hear from us about exciting new opportunities.
We strive to stay in communication with our clients. Have a question about how we can match your specific needs? Or perhaps you would like to join our team? Send us a message, or give us a call. We're always happy to meet new people!
10400 NE 4th Street Ste 05 Bellevue, WA. 98004
09:00 am – 05:00 pm
Copyright © 2019 Baxter Boyer - All Rights Reserved.