Small Business Resiliency Virtual Workshop
On October 27th, the New Mexico Tourism Department is partnering with New Mexico's Small Business Development Center Network and Law 4 Small Business to host a FREE virtual workshop designed to assist New Mexico’s small tourism businesses in forecasting the most beneficial outcome for their business and related assets in response to the long-term economic effects of COVID-19.
Small Business Resiliency Virtual Workshop was held October 27, 2020, 9:00am-4:45pm.
Watch session recordings below.
9:00 Welcome and The Outlook for Tourism in a Post-COVID World - view recording
Jen Schroer, Cabinet Secretary, New Mexico State Tourism Department
9:10 State of the Industry - view recording
Kathy Komoll, CEO, New Mexico Hospitality Association
9:30 Industry Economic Projections - view recording
Victoria Gregg, Research Director, New Mexico Tourism Department
9:50 Financial Modeling and Resiliency Planning Resources - view recording
Ivan Corrales, Deputy District Director, Small Business Administration
Russell Wyrick, Executive State Director, Small Business Development Centers
10:10 Support for Workforce - view recording
Ricky Serna, Deputy Cabinet Secretary, Department of Workforce Solutions
10:30 Morning Break
10:45 You Don’t Know What You Don’t Know: Obvious and not-so obvious considerations for small tourism business owners - view recording
Larry Donahue, Partner, Law 4 Small Business and panel
Vanesa Lewinger, Human Resource Advisor
Stephanie Schaeffer, Bankruptcy and Foreclosure Attorney
Ian Alden,Tax Attorney
11:45 Lunch Break
Reoccurring each hour at 12:30, 1:30, 2:30
1. Conflict and Dispute Resolution: From leases and landlords, to customers, to partners and more, this panel will talk about how to troubleshoot, negotiate, avoid and resolve common problems with third-parties, and what to do when threatened with a lawsuit.
Panelist: Larry Donahue, Law 4 Small Business and Kathy Komoll, New Mexico Hospitality Association
Facilitator: Cody Johnson
2. Financial Pitfalls and Solutions: This panel will provide the answers that small business owners usually have to dig to find. Attendees will engage in high level dialogue about tax, foreclosure, and bankruptcy pain points and best practices to determine immediate next steps.
Panelist: Ian Alden and Stephanie Schaffer, Law 4 Small Business
Facilitator: Lucy Stanus
3. Human Resource Management: Running a business comes with many challenges, one of the biggest being the human component of the business. In this session we will dive into some of the most common HR frustrations to offer guidance and best practices.
Panelist: Vanesa Lewinger, Law 4 Small Business and Ricky Serna, Department of Workforce Solutions
Facilitator: Felicia DePaula
4. Pivoting Operations: Should I downsize inventory, diversify my customer base, create a new product or maybe even start a new business? Come to this panel prepared with your burning questions for how to creatively strategize for success.
Panelist: Dr. Sandra Taylor Sawyer & Trish Livingston, SBDC; Dave Vedera, WESST; Walter Paul, SCORE; Richard Coffel, VBOC
Facilitator: Holly Kelley
3:30 Afternoon Break
3:45 SBA Resource Financial Modeling Counseling: What to expect, what to bring, where to book - view recording
Russell Wyrick, SBDC; Ivan Corrales and Shelley Brown, SBA; Dave Vedera, WESST, Walter Paul, SCORE; Richard Coffel, VBOC