The Business Turn-Around Assistance Program is designed to augment and support existing local economic development efforts related to business outreach, growth and retention. The program helps businesses strengthen their operations and keep their workers employed.
In partnership with the SBDC, the program provides free advising and training sessions to help businesses with employee retention and the creation of layoff aversion strategies. Consultation services may include: cash flow analysis, loan packaging, marketing, accounting, operational business planning, capital sourcing, debt and equity financing, permitting, licensing, tax planning, and legal services. Businesses and workers may also receive training to improve their skills and competitiveness.