How Sole Proprietors and Independent Contractors Can Apply for the Paycheck Protection Program
Beginning April 10, sole proprietors and independent contractors can apply for the Paycheck Protection Program (PPP). This is the forgivable loan that is available through your bank. What qualifies is slightly different.
There are specific guidelines if you have a business with no employees. You can borrow 2.5 times your average monthly “payroll costs.”
Payroll costs are defined […]
How the Federal Government Can Get Money to Small Businesses Now
To say that the programs that were rolled out by the Federal Government and the SBA were a mess is an understatement. While the intention of the $349b Stimulus Program though the forgivable Paycheck Protection Plan (PPP) and the existing Economic Injury Disaster Loan (EIDL) were right, the implementation to get money in the […]
What Will the Coronavirus Economic Recovery Look Like?
As most of the small business owners and their teams are either working from home or out of work as a result of the many statewide “shelter in place” rules, I keep thinking about the coronavirus economic recovery will look like. It’s hard to predict this since alot of the economy is still locked down, […]
When Disaster Strikes: Advice from Captain “Sully” Sullenberger
On my interview yesterday with Amber Mac, technology strategist, she told me about Captain Chesley “Sully” Sullenberger’s advice during a disaster that is very relevant during the “Corona Economy”. As the pilot (the business owner), what are the critical things you need to do right now when disaster strikes and you have to land […]
Guest Post: Coping Emotionally with Corona as a Global Pandemic
There are a few things I am doing to deal with stress and anxiety on a physical, mental, and spiritual level that are helping me cope with the global pandemic.
Daily affirmations, Meditation and Prayer
In support of the cliché “mind over matter”, I am a firm believer in that a single thought elicits a series of […]