Most U.S. small businesses expect to be out of business within 6 months. That’s from new research released today by SHRM (Society for Human Resource Management) warning that the state of small business could go from bad to worse. The survey examines the impact of COVID-19 and identifies significant, widespread […]
Tag: Coronavirus
COVID-19: Updated resources for small businesses
Florida SBDC at FIU has been closely following developments with the Coronavirus (COVID-19) and from time to time has been updating a list of resources for small businesses. We bring them to you: SBA Disaster Assistance Due to the hardships that so many of our country’s small businesses are suffering, […]
Applying for the PPP? Here’s some advice from the front lines
Roberto Castellon is a consultant at Florida SBDC at FIU who has been helping about 80+ small businesses hurt by the COVID-19 crisis apply for forgivable loans through the government’s Paycheck Protection Program over the past three weeks. That includes fielding the small business owners’ questions nonstop and learning about […]
Miami-Dade Beacon Council and County launch COVID-19 resource sites for businesses
The Miami-Dade Beacon Council, the county’s official public-private economic development partnership, is working closely with Miami-Dade County and other community partners to alleviate economic stress on the community as a result of the COVID-19 crisis. Two resource sites, have been launched and will be updated continuously: BizHelp.Miami is a one-stop online portal that […]
Navigating the COVID-19 crisis: A small business story
Pilar Guzman Zavala was still beaming with energy and excitement having just returned from an airport conference in Denver in early March. Her small business, Half Moon Empanadas, was preparing to expand nationally, and the interest at the large tradeshow was “amazing.” But what seemed like overnight, she and her […]
Communicate with your team with frequency, empathy and transparency during COVID-19 crisis. Here’s how
In times of crisis, the importance of your team shines through. That’s why you spent so much time choosing the right employees for your small business in the first place. Earlier this week, we brought you a post on communicating with your customers in times of crisis. Today we look […]
More community help for small businesses hurt by COVID-19
While Congress works on adding another $250 billion to its $349 billion small business loan program, which could happen as early as this week, local resources for small businesses are growing. NEW WEBSITE WITH HELP FOR BUSINESSES A new website, Axis South Florida (AxisHelps.org), has brought together a list of […]
Ready or not, ‘PPP’ small business loan program starts Friday
Bankers are preparing for a deluge of applications as the COVID-19 stimulus package’s Paycheck Protection Program loans for small businesses rolls out starting Friday. Don’t expect all bankers to be ready, however. Lenders have been sounding the alarm that they haven’t had time to properly prepare for the deluge and […]
Advice on navigating a COVID-19 downturn isn’t one-size-fits-all, so we offer all sizes
If you have been a regular GrowBiz reader – and we hope you are – by now you are fully versed on the small business loans and grants available from the federal and state government. You also know about other sources as small businesses fight back against the coronavirus assault. […]
COVID-19: More federal assistance for small businesses just became law
UPDATE: Since this was published, the SBA released its guidelines March 31 several aspects of the loans have changed. I updated the story and you can find the latest advisory from the SBA and Treasury here. To battle COVID-19’s unprecedented assault on public health and the economy, more federal […]