The eligibility period for small businesses to apply to the Paycheck Protection Program (PPP) has been extended until Aug. 8, according to NPR. The program, which extends potentially forgivable loans to businesses negatively affected by COVID-19, was set to expire …
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To understand how COVID-19, shelter-in-place restrictions and customers’ new expectations for safe, reliable home improvement shopping were impacting the industry, the North American Retail Hardware Association (NRHA) recently deployed the COVID-19 Business Impact Survey. In total, nearly 300 independent home …
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Great leaders rise up in times like this. They elevate because leadership excellence in times of crisis is very much the same as it is in normal times. However, no one is perfect, and there are some nuances to crisis …
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Target has announced plans to increase its minimum wage for employees to $15 per hour, up from its current rate of $13, CNN reports. The new pay rate will apply to 275,000 part-time and full-time employees at its retail spaces, …
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Julie Schweber, senior knowledge adviser with the Society for Human Resource Management, says keeping your business on track during the COVID-19 pandemic is critical. One way to maintain continuity with your business is by upholding traditional HR activities, like performance …
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An executive order signed into law by California governor Gavin Newsom in April is causing concern among many independent home improvement operators in the state, who say the law is ambiguous and lowers the margins on thousands of common home …
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As a part of the CARES Act, small businesses across the U.S. were able to apply for Paycheck Protection Program (PPP) loans to help stabilize their businesses amid COVID-19. Since the program’s start, more than 4 million loans have been …
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Though Paycheck Protection Program funds are still available to small businesses struggling amid economic hardships brought on by COVID-19, some borrowers and lenders are concerned about ambiguous terms of the loans. In an effort to help answer small business owners’ …
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