Business recovery Toolkit

Recovery Plan - Financial Projections - Expert Session

After two years that have rocked our communities and economies, it is more important than ever for business owners to prepare for the challenges and opportunities of the coming year. But how can we plan amid so much uncertainty?

This recovery toolkit is designed to guide you through the process of planning for the new year and to prepare your business to not only recover from the economic impacts of 2020 and 2021, but to position yourself to thrive in the new economy that has formed as a result of the pandemic. It can also be used as a tool to assess the strength of your business when planning to pivot in response to change. This toolkit has been adapted from a workshop and is designed for Alaskan businesses that have been operating for a year or longer.

There are three parts to this toolkit: 

  1. Recovery Plan Template 

    The Recovery Plan Template will help you prepare both yourself and your business for the coming year. It will teach you why and how to prepare an exit strategy, how to assess the wellness of your business, and how to develop specific goals for the coming year. 

  2. Financial Projections Guide and Walkthrough

    The Financial Projections Guide and Walkthrough will show you how to project your future income and expenses for 2022, using your past financial data while acknowledging changing market trends. Your financial projections should reflect the goals that you develop in your recovery plan. 

  3. Expert Session 
    The Expert Session brings together Southeast Alaskan experts in tourism, taxes, exit strategy and finance to discuss the most important information that businesses owners need to know to plan for the coming year. The information from this panel can be used to inform your recovery plan and financial projections.