If you're like a lot of our customers, you're worried. And that worry is broad-from concerns about the health and safety of your family, staff, and friends to wondering how long your business can handle being slowed-down (or shutdown entirely) during COVID-19 mitigation efforts. We've seen people in social groups flat-out say they're done-shutting their doors and giving up. And that's understandable. How can you make payroll? Or rent? How do you make payments on capital assets? How do you survive this? For local business owners, they aren't academic questions-they're realities.
The good news is there's a path forward, for everyone. But you must take action now. Enter the CARES Act. Considered to be the "third step" in the Federal Government's response to the COVID-19 outbreak (more are planned), the CARES Act is meant to inject massive liquidity into the US Economy, as well as give local businesses the resources they need to get through COVID-19 mitigation. Simply put, the Federal Government wants you to keep all employees paid even if they are idle-and they are giving some significant incentives to make it worth your while to do this.