Tag: COVID19

Responding to COVID-19 | PA.GOV

On May 4, 2020, Governor Wolf provided guidance that details procedures businesses must follow to conduct in-person operations in counties that move to the yellow phase of reopening.

All businesses, including non-profits, permitted to conduct in-person operations are subject to this guidance. This guidance is based on the building safety and business safety orders, under which nearly all life-sustaining businesses have been operating during the red phase.

Under the yellow phase of reopening, life-sustaining businesses that could not conduct either all or part of their operations via telework will continue to conduct their operations in-person, and many non-life-sustaining businesses will be permitted to restart their in-person operations through the loosening of some restrictions under the stay-at-home and business closure orders.

Protecting Employees

All businesses that have been conducting their operations in whole or in part remotely through individual teleworking must continue telework operations for each of those employees.

All businesses

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COVID-19 Business Resource Center

COVID-19 Business Resource Center

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Updated daily, with real-world funding, resources, and support for small business owners adapting to the impacts of coronavirus. Hello Alice is the largest small business community helping owners launch and grow.

Apply for a COVID-19 Business for All Emergency Grant

What do you need help with?

Hello Alice is offering $10,000 grants being distributed immediately to small business owners impacted by coronavirus, as part of our broader mission to ensure Business for All. In addition to funding, grant recipients will receive ongoing support from the Hello Alice community.

Hello Alice is a free platform that helps businesses launch and grow. Learn more at helloalice.com

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Hello Alice is a free platform that helps businesses launch and grow. Learn more at helloalice.com

COVID-19 Business 

Resource Center

Updated daily, with real-world funding, resources, and support for small business owners adapting

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COVID-19 Emergency Assistance Eligibility Wizard

The COVID-19 outbreak is causing extraordinary disruption for companies
and non-profits across the Garden State.
The NJEDA wants to make it easy for organizations to understand what support
programs are available to you to help stabilize your operations and
get back on a pathway to growth.

This is a beta version of the Eligibility Wizard that focuses on newly announced State Emergency
Assistance
programs and the SBA disaster loan program. We will be updating it regularly as new federal, state, local,
and philanthropic programs become available.

El brote de COVID-19 está causando trastornos extraordinarios para las empresas y
organizaciones sin fines de lucro en todo el estado de New Jersey. Es el deseo de New Jersey
Economic Development Authority (NJEDA) facilitar que las organizaciones comprendan qué
programas de apoyo están disponibles para ayudarlas a estabilizar sus operaciones y reanudar
su crecimiento.

Esta es una versión beta del Asistente

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Businesses and employers – Coronavirus COVID-19 Response

The U.S. SBA offers the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan and Advance (EIDL and EIDL Advance).

More about Paycheck Protection Program (PPP):

The SBA has resumed accepting PPP loan applications from approved lenders. The PPP is a loan program for small businesses, self-employed, independent contractors, nonprofits with a maximum of 500 employees, and it is intended to keep workers paid and employed. The loan amount is calculated based on payroll expenses with a maximum amount of $10 million at a rate of 1% for up to 2 years. The loan is forgivable if 75% of the loan amount is used for payroll, and no employees are laid off, or if laid-off employees are rehired before June 30, 2020. In addition to payroll costs, allowable expenses include mortgage interest, rent, and utilities. Submit your application as soon as possible, even if you need to rehire

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How COVID-19 Could Affect Your Life Insurance Coverage

It’s mostly good news.


3 min read

Opinions expressed by Entrepreneur contributors are their own.


The coronavirus pandemic has many of us thinking about worst case scenarios. It’s only natural that people are considering whether, in the event of their absence, their loved ones would be financially protected. If you’re reading this, you’ve probably given it some thought yourself. 

Here’s the good news: 

If you have an active life insurance policy and you were to die of a pandemic illness such as COVID-19, your family would receive the death benefit — even if you had traveled to an area with a known outbreak of the coronavirus. 

The only situation in which that might not be true is if you were just recently approved and you failed to disclose certain information on your application about your travel plans and/or exposure to the coronavirus. 

Also, if you keep your 

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Covid-19: Finance Minister says businesses to shift to ‘safe’ economic activity under alert level 3

Minister of Finance Grant Robertson says the focus for businesses will move away from “essential” economic activity to what is “safe” under alert level three.

Finance Minister Grant Robertson

Minister of Finance Grant Robertson
Photo: Pool / NZME

Robertson made his comments in a speech to Business New Zealand this afternoon.

It follows an announcement made earlier today that small businesses will get a $3 billion boost through tax breaks to help them ride out the impending economic crisis.

Robertson broke down the response to the Covid-19 crisis in three waves; fight the virus and cushion the blow, kickstart the economy, and reset and rebuild the economy.

The government’s response was not about distinct phases that followed one after the other, he said.

“They are waves that are all under way at once, lapping over and under each other,” he said.

“Much of the work we have done and continue to do on the

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Degree of Future COVID-19 Revenue Impact Is ‘Simply Unknowable’

Chubb Chairman and CEO Evan Greenberg insists the global P/C insurer has strong fundamentals, but warned at the same time that the ongoing pandemic crisis will spur unpredictable revenue challenges affecting many lines of coverage.

Broadly speaking, the insurer will likely take hits on the liability side and earnings via at least a temporary reduction in premium revenues, Greenberg explained during an April 22 investor call held to discuss Chubb’s Q1 2020 earnings.

“Our growth momentum, particularly in our commercial [property/casualty] business globally, continued into April, and we continue to experience improved rate to exposure,” Greenberg said. “As we go forward, offsetting that, will be a meaningful impact to growth from the health and economic crisis as exposures in important areas shrink for a time, with the impact varying by country,” Greenberg said.

Consumer-related lines including travel insurance, A&H “discretionary purchases” and automobile insurance will all take hits, as customers

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COVID-19: Finance professionals worry over impact of the pandemic on businesses

Finance professionals working in organizations, large and small in the public and private sectors, have expressed deep concerns about the impact of Covid-19 on people, productivity and cashflow of businesses.

The dreaded disease which the World Health Organisation has described as a global health emergency, is taking toll on families and their businesses, leading to pay cuts and posing threat to job security.

A  new global research conducted by Association Of Chartered Certified Accountants (ACCA) among 10,000 finance professionals, including an expert panel of 227 in Nigeria turned out startling revelations.

Respondents in Nigeria say the most severe impact of the virus is employee productivity being negatively affected, with 55 percent saying this was the case, followed by cash flow problems hitting business viability.

33 percent of the respondents, according to the research, stated that the virus is really an impact while  a third of the respondents explained they were

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