The latest in notary, Apostille, and business news from New York, NY.
If you obtained a PPP loan, your covered period starts on the day the loan money was deposited. The covered period length could be from 8 to 24 weeks. The covered period would have been specified on your loan documents. Your deadline for submitting a PPP loan forgiveness application ends 10 months after your covered period ends.
The common ending date for the covered period for the first round PPP loan draws was October 30, 2020. Count forward ten months and that’s August 30, 2021.
Strategy is often taught in business schools as a cascade of choices around where to play and how to win. These choices are typically built into strategic plans that are devised and approved over a period of several months, and then executed over three or five years, before the cycle repeats. However, in a crisis, a strategic plan can easily become an anchor that locks an organization onto a path that is no longer relevant.
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Setting a masking policy is one thing; enforcing it is another. There have been numerous incidents nationwide where customers in revolt against masking have verbally or physically expressed their opinion to the harm of employees. Watch for “masking bullying” by employees trying to enforce a company’s masking policy and by customers refusing to follow company policy. The Customer Service Zone has some helpful suggestions on handling bullying and verbal abuse from and to customers that may be applicable to the enforcement of your masking policy.
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Digital receipts, online bank statements and cloud-based document storage are the norm in today’s business world. Some business owners may wonder whether they truly need physical copies of any documents at all these days. However, some important documents should always exist in both physical and digital form.
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Let’s face it, becoming an entrepreneur is hard. Even if you don’t have to deal with renting out an office space or dealing with customers face to face, there are still many challenges involved with establishing an online business. At some point, you are very likely to struggle with motivation, especially once the novelty period wears off and the day-to-day grind is staring you in the face.
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