For its annual research, Oasis, a Paychex Company, conducted a national survey of 300 business leaders who employed 5 to 99 employees from a broad cross-section of industries. The results are now available in its white paper 2021 Priorities for Business Leaders: A U.S. Survey, which reveal that workplace safety during the COVID-19 pandemic is […]
The first wave of payments from the Restaurant Revitalization Fund (RRF) is going out to more than 16,000 restaurants and other food and beverage providers, some of whom could see relief money in their bank accounts as soon as Tuesday. A week after opening the $28.6 billion RRF, the U.S. Small Business Administration (SBA) said […]
The U.S. House of Representatives passed, by a vote of 219–212, a $1.9 trillion COVID-19 relief package early Saturday morning that includes $1,400 stimulus checks to individuals, an extension of unemployment benefits, and tens of billions in aid for small businesses and not-for-profits. The bill, titled the American Rescue Plan Act of 2021, H.R. 1319, also […]
The second round of PPP funding has begun. Call it PPP2, if you will. And some banks started taking applications for the Paycheck Protection Program on January 11. The second round of PPP funding includes $284 billion, and $60 million of that is for businesses that didn’t get a loan the first time. PPP is a forgivable […]
Here are the rules by state: Alabama: Gov. Kay Ivey instituted a statewide mask requirement. Under the mandate, individuals will be required to wear a facial covering when in public and in close contact with other people through Dec. 11. However, social distancing guidelines were relaxed for restaurants, retailers, gyms and close-contact providers (such as barbershops […]
Even though there is more optimism from Pfizer and Moderna regarding their vaccines, consumers are still concerned. According to NMI’s Holiday Spending Insights Report, small businesses must implement proper sanitary procedures and touchless payment systems. This if they want to ensure their success during the 2020 holiday shopping season. In the report, NMI says 46% of […]
More financial relief is on the way for businesses taking repeated hits from the Covid-19 pandemic, under a series of programs announced by Gov. Gavin Newsom on Monday. The announcement arrives as many parts of California are on the cusp of seeing more restrictive stay-at-home orders return as Covid-19 cases are spiking across the state. California is developing a […]
Business life in the era of Covid has elements of both crisis management and an endurance trial. How can your business join the ranks of those that are succeeding in this environment? LJ Suzuki, founder and fractional CFO at CFOshare and I recently dissected this question together, with an eye toward the actionable steps you should be taking now–and the […]
This interim guidance is based on what is currently known about the coronavirus disease 2019 (COVID-19). COVID-19 is a respiratory illness that can spread from person to person. The outbreak first started in China, but the virus continues to spread internationally and in the United States. There is much more to learn about the transmissibility, severity, […]
Right from the start, the Paycheck Protection Program (PPP) has been full of surprises. Yesterday evening, the Small Business Administration (SBA) dropped another one: it released a third PPP Loan Forgiveness application – Form 3508S. This application is only for those who received $50,000 or less in total loan proceeds. The Application While it’s not the […]
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