Although the PPP has been the most popular loan program for small businesses, it may not be the right solution for every business. There are other organizations offering loan programs, and even companies providing grants. Note that there are still elements you have to understand when applying for loans and grants. Read this article to learn more. If you need help reviewing your options, our team would be happy to assist you.
As we’ve "flattened the curve” of COVID-19 infection & as stay-at-home orders are gradually reduced, many business owners, possibly including you, are looking forward to returning to a new normalcy.However, this is a brand new territory for all of us & the risk of getting sick is still high, even possible lawsuits. As we shift to keep our business going, it is critically important to follow these guidelines to protect your business from liability while protecting your employee & customer health.
What the Coronavirus pandemic has brought us is battles toward staying healthy and sane when stuck at home and protecting our business to be fully operational in the midst of the crisis. Many business owners are now facing the tough decision of whether to persevere and keep their business going or to close it all down and walk away. If you are asking yourself this question right now, here are some things to consider before going down the bankruptcy road.
These past few months have been very challenging for all of us because of the COVID-19 pandemic that compels us to face our own fragility and mortality. Millions of people, of any age, healthy or with certain underlying medical conditions one day, got infected by the virus, confined in the hospital for several weeks, unable to pay their mortgage & bills, and unable to see their loved ones. Within our current reality, that "one day" has become an ever more real possibility.
Financial abuse of the elderly is on the rise and it is an unfortunate fact that predators emerge during times of upheaval to take advantage of people. That means the COVID-19 pandemic can leave your parents vulnerable in more ways than one. Even when things go back to normal, this chronic problem of financial exploitation will still be a risk so it is very important to take extra steps and educate your parents about the possible risks it may bring to their wealth and your future inheritance.
You're may be one of the many business owners who are finding it difficult to do the contractual obligations because of the COVID-19 pandemic. COVID-19 has greatly impacted businesses across the globe, causing unprecedented interruptions and closures. Situations like this only show how critically important it is to put a business plan in place and review any legal documents once in a while to ensure that all legal terms specifically fits your business situation, especially force majeure.
Nowadays, it is important to take extra care of yourself to protect your loved ones not only from the coronavirus disease but from accidents that may risk their lives. As we move toward a COVID safe world, it is vital to do everything you can to continue to protect yourself and your loved ones from getting sick. Getting a disability insurance ensures that you are financially protected in the event you become disable and that your family is free from financial burden. Read here to learn more.
Businesses are now reopening despite the uncertainty brought by the COVID-19 pandemic. As a business owner, one of the most important factors to include in your reopening strategy will be the customer and employee confidence. You're now in a critical role in managing new and unprecedented concerns - finding ways to allow your business to function without compromising the health of your employees and customers. These important objectives can help you navigate your business in the new normal.
The coronavirus has infected millions of people in the US, including parents of young children. This brought fear to every parent like you, that if worse could happen to you and your spouse at the same time, who would watch your children? Who would take care of them even just for a short period of time? Situations like this can be traumatic for your minor kids so it is critically important to devise a plan and name legal guardians to protect them in case the unthinkable happens. Learn more here.
The COVID-19 pandemic has impacted all of us and forced communities and businesses to reevaluate everything. As a business owner, you may already have traditional resilience planning but that may not be enough to combat this pandemic. But despite the unpredictability that has accompanied this global crisis, it is not too late to implement changes to protect you, your employees, and your business. Here are some tips and strategies to help you navigate these challenges and the ones to come.