Many organizations have begun to find how to help small women-owned businesses affected by the pandemic. In addition to donations and funding, some have offered resources to help entrepreneurs stay informed as well as webinars to help them navigate different aspects of the COVID-19 crisis. TheT...
Small businesses in sectors which are most affected by COVID-19 and least financially resilient (such as accommodations and food services; educational services; and arts, entertainment, and recreation) employ 20 million workers and earn 12 percent of US business revenue....
And while the situation is taking a real toll on global businesses, these measures are absolutely necessary in order to halt the spread of COVID-19. But there are still things you can do to support local businesses, especially when we live in the age of shopping online. Advertisement...
LAI LINYUAN, a steamed bun shop owner in Nanshan District, never expected that one message he left in the WeChat account of Shenzhen Municipal Health Commission would save his small business, and his story has encouraged many othe...
COVID-19Small businessCARES ActThis note provides new evidence on how small business owners have been impacted by COVID-19, and how these eects have evolved since the passage of the CARES Acdoi:10.2139/ssrn.3584745Humphries, John Eric
To the extent that these lower expenses reflect the relative inability of businesses in these industries to attract and serve customers over the summer months, their owners might be even more inclined to limit payments facing the challenges in upcoming winter months. Notably, by...
The CARES Act included provisions to support small businesses affected by the COVID-19 (coronavirus) outbreak beyondsmall business loansfrom the SBA.Learn moreabout the other parts of the CARES Act, including tax breaks and debt relief, that can offer some financial relief to your business. ...
Almost two years into the Covid-19 pandemic, many small businesses are still struggling. Whilefinancial assistancefor those impacted bythe crisishas ended, some of the hardest-hit industries, including gyms, hotels and restaurants, are pushing for more relief. For many, the omicron surge dealt ...
The CARES Act provides relief to businesses affected by COVID-19 in the following ways: The Small Business Administration’s Economic Injury Disaster Loan Program (the “Disaster Loan Program”) The Disaster Loan Program provides qualifying small businesses with working capital loans of up to $2 ...
Here is a list of resources available to small businesses impacted by COVID-19. Please check back often as we will update these resources as new programs and information become available. The State of New Jersey has launched its official site for information regarding COVID-19 and the financial...