Q: What are the main components of the recently enacted PPP Flex Act? After passage by the U.S. House of Representatives and the Senate on May 28 and June 3, respectively, President Trump signed the Paycheck Protection Program Flexibility Act of 2020 into law on June 5. Following the enactment of the PPP Flex Act,…

Read More

In recent years, employers have been in a difficult market: the low unemployment rate left them with fewer applicants for job openings, while talented employees were often quick to jump to new opportunities. Businesses compensated by overhiring—not a sustainable strategy. At least for now, though, that dynamic has shifted. It’s time for businesses to rethink…

Read More

It’s become cliché: an organization is only as strong as its people. But it’s also true! It takes the whole team to create success. With the challenges of the past months, it’s the perfect time to show your employees how much they mean to you. It’s all about creating a culture that properly values each…

Read More

Many states have already begun or are preparing to reopen after lengthy shutdowns due to the Covid-19 pandemic. No matter what your business is, you have been affected. New safety guidelines, remote working, employee furloughs, even complete temporary shutdowns. But what do you have to do to get back up and running again? That’s the…

Read More

Q: As an entrepreneur, I often have new ideas for business opportunities. What is the best way to evaluate my ideas before developing a formal business plan? In previous weeks we have discussed financial relief opportunities for small businesses, marketing and business planning measures, and changing consumer behaviors or expectations. Amid the Coronavirus (COVID-19) pandemic…

Read More

We’ve all seen how Covid-19 has impacted businesses in the past few months. Millions of people have lost their jobs. Many more are furloughed. Still more are working from home, struggling to figure out a new normal. But what will the impact of the pandemic be on the labor market in the medium- and long-term?…

Read More

With so many employees working from home, and using personal computers and new applications and tools to complete their work, there are also new opportunities for hackers and fraudsters to attempt to gain access to business’s data and financial information. There has actually been an increase in phishing scams, attempting to trick employees into giving…

Read More

Q – As a small business owner, how can I adapt or appeal to changes in consumer behavior spurred by the pandemic? In last week’s post, we began our discussion of changing consumer expectations by introducing the idea of 4 categories of consumer sentiment post restrictive orders. The question becomes, how can a small business…

Read More

Covid-19 has dramatically impacted every business in 2020. But even as businesses look to reopen and return to something like normal, what goes for “normal” has changed. The labor market is in a completely different place from a few months ago, and employers will need to engage with employees in new ways. ADP is hosting…

Read More

Q: As a small business owner, what can I anticipate about consumer behavior as restrictive orders across the country are lifted? Previously, we discussed reevaluating and revising marketing plans. In doing so, questions may arise regarding a business’s target market, and how consumers’ spending habits may have been impacted by the Coronavirus (COVID-19) pandemic. The…

Read More