CoronaVirus: 10 Things That Family Businesses Can Do Now
Author: David Deeds
Planning for Short and Long Term, Product Pivoting, Strategic Cash Management
Learn simple strategies to implement now, and how to adapt your business to survive and thrive once the crisis is over.
When crisis hits a family business the first reaction may be panic. But there are several short term and longer term strategies to have in place as you weather reduced revenues.
Join David Deeds, professor at University of St. Thomas, MN, for this crucial briefing as he steps you through what you can do now to preserve cash, strategize purchases and expenditures, and keep your key people.
During this live briefing you will learn:
1. The most important expenditures to keep and which to cut
2. How to help your employees stay afloat while your business is reduced or closed
3. Evolving and adapting so you’re business is viable when the crisis is over
Register For The Briefing
Tuesday, April 28, 2020
7:30 pm ET / 4:30 pm PT
David Deeds is a professor in the Department of Entrepreneurship, the Schulze endowed chair in entrepreneurship and research director of the Schulze School of Entrepreneurship at the University of St. Thomas Opus College of Business.
Prior to coming to St. Thomas, he was a professor at the University of Texas at Dallas School of Management and the academic director of the Institute for Innovation and Entrepreneurship. He has held faculty positions at the Weatherhead School of Management at Case Western Reserve University and the Fox School of Business at Temple University.
During his career, Deeds has published numerous articles in management and entrepreneurship journals, including the Journal of Business Venturing, the Strategic Management Journal, the Journal of Management, Research Policy, Entrepreneurship Theory & Practice and more.
Deeds is currently editor in chief of the Entrepreneurship & Innovation Exchange ( www.EIX.org ) and the related site www.Famillybusiness.org. These sites are dedicated to translating leading edge research and thought on entrepreneurship, innovation and family business into content that is easily consumed by practitioners, students and policy makers. In addition, Deeds is the founder and director of e-Fest, a national business plan competition for undergraduate students, which awards $250,000 in cash prizes annually.
Deeds was awarded the NASDAQ Fellowship in Capital Formation and was a named research fellow at the Stockholm School of Entrepreneurship. In 2007, he was awarded the Haniel Fellowship in Entrepreneurship at Humboldt University in Berlin, Germany. His current research interests include new venture growth and adaptation, technological discontinuities, strategic alliance, technology.