While the program is technically a loan, the terms of the loan state thatif you retain all employees on payroll for a total of 8 weeks, and that money is used only for expenses related to payroll, mortgage interest, rent, and/or utilities,the loan will be forgiven in its entirety. Can...
COVID-19 affected a lot of small businesses, as customers who patronize them were indoors trying to protect themselves against the virus. But, even with that, some small businesses who have an online presence were able to operate. Goods and services were exchanged for money online. That's on...
In MoneyWatch, a new survey conducted by Goldman Sachs 10,000 Small Businesses Voices initiative reveals that 79% of small business owners are concerned about the ongoing pandemic while 13% say they have been forced to temporarily close or scale back operations during the pandemic. Joe Wall, na...
Several Democratic House members alsosent a letterto PresidentJoe Bidenearlier this week calling for more targeted relief for small businesses, including reopening the fund and the Shuttered Venue Operators Grants. Additionally, they asked for other at-risk sectors centered on in-person gatherings be ...
To find help navigating the options available, Sullivan suggests reaching out to your localChamber of Commerce, localSmall Business Development CenterorSCORE,a network of volunteer business mentors. SIGN UP:Money 101 is an 8-week learning course to financial freedom, delivered weekly to your in...
"No one is showing up and we are firmly operating in the red now, but people are buying gift cards and ordering online, for which I am really grateful," Marshall told CBS MoneyWatch. For small business owners suddenly deprived of customers, such support from patrons can can spell the diff...
“Tracking time for employees who work at home” And hundreds more. You don’t need hundreds. Just have enough to be a resource for small business owners, professionals and retired readers. #3. Get local! For more search engine power, add in informationspecific to your state, county and ...
"Democrats have been using a playbook of hurt businesses then try to make it up by trying to dump money on them throughout the whole pandemic," the aide also said. "How do you prep for the 2022 fiscal year as a small business with no certainty from the government ...
"We just can't afford to lose more money. We already lost too much. No business here for far too long as nobody comes here. I decided to break losses and to do something else," Teo said. For now, Sun is still hanging on. When asked about his next move, Sun remained silent for...
This isn’t very promising for entrepreneurs who had been having issues securing capital before all small business owners began to need it. Women-owned businesses have been particularly impacted by the pandemic. They need our help to survive. Photo Credit: Brooke Lark- Unsplash ...