Adjusting your business model in response to the current economic crisis

Natwest – Business Builder is a digital tool designed to give you the right support, at the right time for you and your business.

Ugenie x Hatch: Power of the pivot: how to adapt your business model in time of crisis – We spoke to Susan Kabani, founder of Ugenie  to talk about pivoting business models. 

Acumen Academy free on-demand finance course (2.5hs)Through this online resource you will learn how to read basic financial statements – balance sheet, income statement, and cash flow statement – to unlock vital insights into your business performance, spot strengths and weaknesses and plan for immediate and future cash needs, and you’ll begin making informed decisions to maintain financial health, and plan for growth

NatWest interactive 90-day cash flow forecast tool – This downloadable excel spreadsheet will help you test different scenarios around sales, margins and overheads as your business adapts.

Where to find and how to access funding from funders, alternative funding resources and other opportunities.

Edge Fund – A useful list of sources of funding for charities or social enterprises

Good Finance – Fund map: list of social investors and advisers

Virgin Start Up – If a startup loan could help your business in these challenging times, get in touch with Virgin StartUp for an initial conversation. £500 – 25,000 per founder can be obtained.

Charity Excellence Funding Finder – Various funders for Small Charities & Community Groups and 50+ downloadable grant lists

Field Guide to Relationship-Based Fundraising – The Guide is an extremely accessible fundraising toolkit designed for non-profits of all sizes and experience levels. It provides a set of activities, case studies, tools and best practice templates to help organisations build strong relationships with high-value audiences such as Trusts and Foundations, Governments, Multilaterals, Corporates, and Individuals

School for Social Entrepreneurs – How to Run a Successful Crowdfunding Campaign [webinar]

The Digital Fundraising Book – a great book about how to make way for digital fundraising

Helpful resources to make use of when managing a team or to prep yourself for hiring

Acas – Example letters, forms, policies and HR documents for company owners and HR managers to download and adapt for their own workplace.

Charlie HR – guidance for anyone who employs others who need to understand sick pay obligations and how to manage and support your team during this time

NatWest Mentor – Stay legally compliant with these free up-to-date HR templates tailored to your business, offered by NatWest Mentor

Guides and support for legal aspects like contracts, insurance, data protection, health and safety and more.

GoCompare – A guide to setting up as self employed when it comes to your legal, tax and insurance obligations. 

qlegal – Free legal advice, workshops and resources to tech start-up companies and entrepreneurs. They provide resources which cover a wide variety of topics, including: confidentiality; various subjects related to intellectual property; General Data Protection Regulation (GDPR); patent protection; trade marks; an overview of company structures in the UK; and guidance for kickstarting a business in the UK

Charity Excellence – A guide to setting up as a CIC vs a charity with key questions to consider and useful information for avoiding time and workload that would be involved in the registration

Tools and resources you can use to support you or your team working remotely.

Hubble – The Hubble Pass gives you access to hundreds of amazing coworking spaces, private day offices, and meeting rooms around the world. They’re offering the Hatch community 6 free credits per person to try it out for free (£30 value)—giving you at least one free coworking pass! You can claim the offer here and someone from the Hubble team will be in touch

Tally Market – a flexible and low-cost workspace solution that meets the individual needs of each of your team members. Enable your team to book individual and group workspaces across the UK and only pay for what you use. Simple to set up and easy to use. They take the admin out of providing you with truly flexible workspaces. Tally Market are giving Hatch founders a Tally Market subscription for up to 3 users for 3 months (includes free day passes at 40+ venues)

Notion – Organise your projects and working with stakeholders in one workspace.

Remote Starter Kit – some mighty-fine tools that will help you to power your team’s virtual collaboration and happiness.

Slack – Non-profit organisations of any size are eligible to receive 3 months of Slack’s Standard or Plus subscription free of charge.

Superhighways– 5 top tips for making best use of accessibility options in Office 365

Communities of entrepreneurs where you can connect with other business owners.

Digital Candle – prioritising support and assistance for charities looking for urgent help to ensure business continuity (remote working, tools to support their communities).

Social Enterprise and Social Good – a group for people passionate about responsible business and social value being at the heart of things. People over profit.

Tools and opportunities to upskill yourself and help you lead your business with more confidence and impact.

Good Life Goals – personal actions that everyone around the world can take to help support the Sustainable Development

Discoverylane  this document is designed to help you navigate what opportunities might meet your needs and amplify your social impact.

Amazon Small Business Accelerator  – a free, online educational programme for anyone who wants to start a new online business or grow an existing one.

Google SkillshopDevelop skills you can apply right away, with e-learning courses designed by Google product experts. Learn at your own pace and get Google product certified.

Acumen Academy: The World’s School for Social Change – They are offering free courses from social impact analysis to Human Centred design. 

Resources to help you manage your own wellbeing and take care of your most vital asset – yourself and your team!

Mental wellbeing

Slow, deep breathing lowers stress in your body & mind and stops you from engaging with distracting and negative thoughts. Take 3 minutes of your day to focus on your breathing using Calm’s bubble.

Compassionate Cuppa
A community interest company that offers mentoring.  Their sessions are 1:1, to listen and understand your concerns and needs.  There may be some learning element which helps you gain new insights.  With the learning, you decide what needs to happen to that is useful or helpful to you.

Talk for Health
A social enterprise that demystifies effective therapeutic talk, making it accessible to all.  People get plenty of time to reflect on and share about their lives and struggles, and they learn how to respond to each other using peer counselling.

ABC Life Support – A Social Enterprise company delivering physical and mental health first aid training for all ages to individuals and organisations across the UK.

The Black, African, Asian and Caribbean Network – Home of the largest community of Counsellors and Psychotherapists of Black, African, Asian and Caribbean Heritage in the UK

Frontline Therapist –  Affordable and accessible counselling service for individuals who struggle to access culturally sensitive counselling and who may not be able to access counselling due to cost.

Physical Wellbeing

Supply Yoga – Our Impact fellow Abi is an advocate for whole community wellness and has started a social purpose subscription service offering inclusive, affordable yoga classes that transcend barriers to access.

Dare Bee – Free no-equipment visual workouts, fitness programs and challenges, training and running tips, recipes and nutrition advice.

Tools for burnout, when taking time off is tricky

School for Social Entrepreneurs – This webinar will help you understand the signs of stress and burnout before it’s too late.

Journify – Every morning track your sleep, motivation, and energy, and use the burnout test to keep your stress in check.

Bullet Journal – Unload your messy thoughts and to dos into the Bullet journal and allow your mind to focus on what’s important.

Our 1:1 Consultations Programme gives you business support in the areas that you need the most.

By signing up, you’ll get 1:1 virtual business support for 1-2 hours, delivered by an expert with experience in your key business areas along with any challenges.

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