If you’re one of the many small business owners who applied for the Paycheck Protection Program, known as the (PPP), you’ll want to know how getting that loan forgiven actually works. In short, borrowers will have their loans forgiven if they use the money for designated expenses. Total payments for payroll over the 6 months after the …
Aside from fewer cases being reported, one good thing we’re seeing from the otherwise crippling coronavirus pandemic is that it has revitalized a greater appreciation and enthusiasm in support of local, small businesses. Approximately 75% of consumers plan to support local merchants as much as possible once restrictions on non-essential businesses are lifted. This data …
Consumer Spending Habits Change in Greater Support of Local Business Read More
Summer 2020 is just about here. Sure, it won’t be like the summer we’re used to, but it will be one we’re going to remember. But there’s good news! As the warm weather approaches, small businesses will begin re-opening and more people will start heading out. With that in mind, local health and government officials …
As Memorial Day approaches, so does the slow and cautious re-opening of businesses throughout the nation. Public officials in each state have implemented strict guidelines to contain the spread of COVID-19, with some make face covering a requirement. Some states have even mandated employers to screen employees’ body temperature with thermal scanners to avoid symptomatic …
As lockdown restrictions loosen, businesses slowly (and cautiously) see employees return to the workplace. Of course, the office employees left, won’t be the same they return to. Making the workplace safe and making employees feel safe, will require new office policies and rules to limit the potential spread of the coronavirus. Business owners, HR personnel, …
The “New” Office – How Companies Will Make Them Safe Read More
One of the most enticing features of the Paycheck Protection Program (PPP) loan is the thought of not having to pay it back. A small business with a PPP loan has just eight weeks to use it for qualifying expenses such as payroll, rent, mortgage interest and utilities. However, as small-business owners found out, the …
PPP Loan Forgiveness – How You May Not Have To Pay It Back Read More
New York Governor, Andrew Cuomo’s “PAUSE” order expires this Friday – making way for the state to begin a soft” re-opening, limited to 3 regions only. The (3) three regions in NYS include The Mohawk Valley, Finger Lakes, and Southern Tier. Each has so far, met the criteria made up of 7 metrics required to …
Most of NYC on “Pause” As 3 Regions Set to Re-Open Read More
How did the historic $669 billion Paycheck Protection Program (PPP), intended to be a lifeline for small business owners during the COVID-19 pandemic, go from being salvation to the opposite? WHAT HAPPENED? At the center of the program are Secretary Steven Mnuchin and other politicians and pundits who (in their haste) did not anticipate or …
Like many places around the nation, the workplace office looks empty. With many employees furloughed or working from home, what will the office of the future look like post-COVID-19? The risk of opening too soon gives rise to worries of another spike in new coronavirus cases. Before people get back to work, companies will need …
How COVID-19 Will Change The Workplace You Once Knew Read More
Starting in the early morning of May 6, between 1 a.m. and 5 a.m., the MTA will close the public transportation system for the first time in its 115-year-history. Gov. Cuomo ordered the MTA to shut down and disinfect all city trains in order to limit the spread of the coronavirus. “It is a massive …
