The COVID-19 outbreak has hit small businesses hard, including yoga studios and anyone who teaches in-person classes. Trust that you are not alone and there are people and organizations that want to help. Here are a few of the resources available to you during this difficult time.
Grants and Loans
- Reclamation Ventures Wellness Relief Fund
- Paycheck Protection Program (SBA)
- Economic Injury Disaster Loan Emergency Advance (SBA)
- Amazon Neighborhood Small Business Relief Fund
- GoFundMe Small Business Relief Initiative
- Facebook Small Business Grants Program
- Local Small Business Programs – check with your state and city governments (like NYC or Denver).
Tools for Online Classes
Other Resources
- Business insurance – check your policy for business interruption coverage.
- Review your contracts – click here for contract clauses to look for.
- Businesses with employees – review resources and recommendations from the Department of Labor.
Self-Care
- Calm: Guided meditations, yoga, and other resources
- Center for Disease Control: Health tips
- DoYogaWithMe: Free online yoga videos
- Headspace: Meditation app
- Smiling Mind: Guided meditations and other mental health tips
- Simple Habit: Meditations and yoga to ease Coronavirus anxiety
- Ten Percent Happier: Meditation app
Resources to Start Your Business
I’m really excited to announce a new affiliate partnership with Nolo. Stretchtopia has not partnered with any other company in the past, meaning we have only provided original products and content. However, I have been a writer for Nolo for some time and I know they have outstanding products to help entrepreneurs.
If you are considering starting your own business, I highly recommend any of the below books and templates from Nolo. They are incredibly affordable, and chock full of all the information you need to get started. Full disclosure: I do receive a small commission if you decide to purchase any of these resources.
- Make your business an LLC: Form Your Own Limited Liability Company provides you with the instructions and forms you need to create an LLC in your state.
- Get Your Contract in Writing: Whether you’re an independent contractor or a business hiring one, it’s important to put your agreement in writing.
Author: Christine Mathias
Hi, I’m Christine Mathias, licensed attorney and owner of Stretchtopia. With over ten years of legal experience, I use my skills to help businesses and nonprofits thrive. Using my experience running a workplace yoga organization, I am excited to help other yoga business owners tackle their legal issues and other organizational, financial, and marketing obstacles.
