Blogs

Supply chain disruptions affect small business owners in different ways, resulting in reduced revenues, inflated costs, delayed production and delivery of products, which ultimately affects their ability to serve customers and make profits. We’ve compiled a list of strategies for entrepreneurs to help mitigate and manage supply chain disruptions in their businesses.

The federal government created the Employee Retention Credit (ERC) in response to the detrimental effects of the COVID-19 pandemic on small businesses. As part of the CARES Act, the ERC offers tax credits to encourage more businesses to retain employees during the pandemic, as a temporary measure. Below you will find more information about the tax credit and its eligibility requirements.

Now that the Paycheck Protection Program’s (PPP) loan forgiveness is underway, the U.S. Small Business Administration is making changes to its forgiveness process to help streamline the review of revenue reduction documentation. While small businesses await further guidance from the agency, here are some key things to keep in mind as you navigate the PPP loan forgiveness process.

Consumer spending habits have changed drastically during the COVID-19 pandemic, and a new reliance on online shopping is prompting small businesses to rethink their marketing strategies. We’ve compiled a few ways for small business owners to effectively utilize digital marketing to engage with their audience in this new post-pandemic landscape.

Cyberattacks are a growing threat for small businesses, and a recent U.S. Small Business Administration survey estimates that an astonishing 88% of small business owners are concerned about being vulnerable to cyberattacks. Many entrepreneurs don’t have the capability to afford IT professionals or don’t know where to start, but it’s important to learn about common threats, understand where your business might be vulnerable, and take concrete steps to improve your cybersecurity. 

With COVID-19 restrictions easing around the country, small businesses are reopening their doors to the public and preparing for a busy season. Many business owners are looking for information about how to reopen safely to reduce the likelihood of COVID-19 transmission in the workplace, and preparation is key for a smooth transition. Here are four ways you can help educate your employees as they return to the workplace.

Small businesses are looking for ways to grow their businesses and connect with their consumers online. With this in mind, we put together a checklist for entrepreneurs to review as they pivot their businesses and build their online presence.

Many California small businesses would like to offer retirement options to their employees—to help attract a talented workforce and boost employee morale—but can’t afford the overhead and administrative costs. The state now requires that all businesses with five or more employees facilitate employee participation in CalSavers if they don’t already have a retirement plan in place.

We know many small business owners may have questions about what this means for their business’s own requirements, and what they need to do to keep their customers and employees safe. We’ve put together a preliminary list of reminders for businesses to take into account when considering your business strategy given the changes in COVID-19 guidance.