As an alarm company owner, if you are anything like us, you are deeply concerned about the impact the current crisis will have on your business. The recently passed CARES Act may be part of the answer.

The country is locked down, millions are out of work, travel is restricted, people are working from home, sales have ground nearly to a halt, panic is in the air and short-term visibility for your business is about zero.

It’s like we are driving along at full-speed on a busy highway and suddenly we enter dense fog, all visibility is gone and cars are hurtling by in both directions.

How are we going to get through this foggy stretch without hitting another car, hitting an animal, ending up in the ditch”, or being killed?

cares act a foggy stretch for alarm company owners
We all hope and believe there will be clear highway ahead, but how long will it take to get there and how do we keep things together as we hurtle through the fog? Will we survive long enough to make it to the open road again?

New information is becoming available daily:

  • Sunday, March 29 the President announced the continuation of “social distancing” and “15 Days to Slow the Spread” guidelines for another month through at least April 30.
  • Tuesday, March 31 the White House will brief on results of the last 15 days and the next action steps for both the government and the public.
  • Friday, March 27 Congress passed and the President signed the $2 Trillion CARES (Coronavirus Aid, Relief, and Economic Security Act) Act.
  • The CARES Act includes massive aid for small business, likely an opportunity for your company to get access to capital through the SBA.

What does it mean for your Alarm business?

cares act may help you get money to keep your business alive

We at Larrabee Ventures, Inc. (“LVI”) are as concerned as you are to learn the ramifications of all these changes in our way of life and our economy.

As business owners, we are asking survival questions: “How long can I make payroll? Who should be laid off? Which bills can I delay paying? How can I keep the team together to get it all started again? Is there short-term financing available? How can I access the new government aid for my company?”

We are also asking opportunity questions: “How can I take advantage of this time and emerge as a stronger company than before?”

At LVI we are doing our best to find the answers and we will share them with you as quickly as possible.

In addition, we are available to help clear the fog, answer questions, provide you with the best information and assist you to better understand the ramifications for your business.

During this crisis period, certainly through at least May 1, we will NOT be charging for our services unless you and we agree on a specific project or engagement. That means you can call or email, request help, ask questions, talk about whatever you want and we will freely share our information and perspective.

Larrabee Ventures, Inc. (LVI)

LVI is staffed by highly experienced alarm professionals.

William Larrabee (“Bill”) has started three alarm companies from scratch, been president of five different alarm companies, and worked through crisis situations in numerous companies, either as an on-site executive or paid financial advisor. Bill knows the alarm business.

Michael Carter (“Mike”) has been a sales manager and vice president of sales and marketing for five of the largest alarm companies in the US. He also has ten years of experience driving sales and marketing programs as a consultant and coach. Michael knows sales, marketing, and sales management for alarm companies. For more information about LVI please visit our website: Larrabee Ventures.com.

Together we will answer your questions and help you get your business out of the fog and back on the open road.

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