Small business stimulus is a disaster. With no money released yet, lawmakers fail to pass additional stimulus or funding for small business. The need is incredible, the consequences severe, and yet Washington is unable to get things done. What seems like a bi-partisan win has turned into yet another bout of Republicans and Democrats publicly…
Author: andrewbarten
Economic Stimulus a Pipe Dream
Economic Stimulus a Pipe Dream Small business, government-backed funding continues to be an economic stimulus pipe dream. As we enter day 26 of the New Jersey quarantine directive, small businesses are making zero money and the government clearly does not understand the need at which fiscal policy needs to be mobilized. Could you imagine if…
PPP Underfunded & Unavailable
Have you filed your Payroll Protection Program Application (PPP)? Expect to wait. Currently the PPP is underfunded and basically unavailable. How are you planning to deal with the increasingly long waiting period we all expect to experience? The payroll protection program continues to be another bureaucratic disaster filled with a lot of paperwork and few…
Two Different Coronavirus Strategies
Does it appear there are two different Coronavirus Strategies taking place? There is a growing disconnect between the Federal government’s response to the Covid-19 pandemic versus the state responses? There are still 9 states that have not issued a shelter-in-place style directive. Reviewing the other 41, there are states that issued this order weeks later than…
Small Business Relief Remains Elusive
Small business relief remains elusive to most. Promises continue, however the results thus far seem to be non-existent. This continues to demonstrate the growing disconnect between our elected officials and the common person. As we deal with the Coronavirus small businesses need help. The government loves to tout small business growth, protection, and it’s economic…
Entrepreneurs impacted by Covid-19
Entrepreneurs, your small business is being impacted by the Covid-19 Pandemic. Are you noticing changes in customer trends as the Covid-19 pandemic drags on? As the Coronavirus continues to grip our globe, here in the United States we are slowly developing two distinct categories. Those people who are positively impacted by the outbreak and those…
Coronavirus, Day Twenty-One
Is your business operating? What does your company morale feel like? What steps are you taking to keep employees engaged and productive? The current business climate is challenging. Business owners and entrepreneurs are having to tread lightly and balance keeping their businesses afloat and revenue generating while considering the well-being of those around them. In…
Coronavirus, Day Twenty
How is your business directly impacted as an entrepreneur? What steps are you taking to prepare for the immediate and long-term future of your business? The federal government has extended unemployment benefits to include self-employed individuals, however it is unlikely, if you have staff, assets, liabilities, etc. that such a safety net will allow your…
Coronavirus Day Nineteen 😷
What are your thoughts on a government backed jobs program? At the moment of this writing, the New York Times is publishing author-less, ‘Live Updates’ regarding the Coronavirus pandemic. The top of the page reads, “Amid fears of “the mother of all financial crises,” Washington considers an infrastructure program to create jobs.” The fear is…
Coronavirus Day Eighteen 😷
The SBA has substantially streamlined their economic injury relief loan application in response to the inadequacies and unpreparedness of their site for such a wide ranging inundation of businesses scrambling to find assistance. The new process is much simpler and straight forward than the long form application in place less than a week ago. In…
Marketing through the Coronavirus Pandemic
Do you have a revised business and marketing plan for the next 90 days? Now is the time to market your business. If you have resources available use them. If you are able to use them in a manner that generates revenue, that would be my focus, however if you cannot use them for revenue…
Coronavirus Day Seventeen 😷
As an entrepreneur, the use of legislation and integration of public-private small businesses and banks is confounding. Why are we creating unnecessary intermediaries and middle-men, slowing down the national response to this crisis? Neither the small businesses asked to provide weeks of unplanned, paid leave to team members, nor the banks asked to facilitate programs…