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Moving Forward With Business Lessons Learned

May 26, 2020 / by Craig Feltner posted in Business Continuity, Greater Cincinnati Ohio


Many of us are emerging from COVID-19 shutdowns with a greater appreciation of how important business relationships are to a company’s success. Read these tips on strengthening your relationships with your employees, vendors, customers and support networks.

Working Remotely Is No Longer the Future
Because the situation was forced on them with little warning, many businesses struggled to adapt to a remote workforce. It’s understandable if that created a negative first impression. But forward-thinking business leaders have since recognized that the remote-work model offers many advantages that they can retain once they resume normal operations. As Magnus Nicolin, CEO of Ansell, a major supplier of personal protective equipment, told the Wall Street Journal, “The way this company's going to be managed post-COVID is going to be quite different from the way we managed it before. We are probably going to be traveling less, because we've learned we can actually run this company virtually, quite nicely. We're probably going to have smaller offices, and the offices are going to primarily be for meetings and training and technical support and far less for sitting and doing your job. If our customer service teams can work from home with good system support, then why not let them?”

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Coronavirus Relief Options for Your Small Business

April 6, 2020 / by Craig Feltner posted in Business Continuity, Greater Cincinnati Ohio


With both the coronavirus pandemic and the government's response evolving on a daily basis, it's undeniably a stressful time to own a small business.

Fortunately, several forms of relief are available or will be soon. Unfortunately, business owners are applying for them in record numbers. That means navigating the application process as quickly as possible, with all the proper financial records ready to go, is critical.

Weighing Your Options
Your two primary options for federal assistance are the existing Economic Injury Disaster Loan (EIDL) program and the new Paycheck Protection Program (PPP) that is part of the $2 trillion Coronavirus Aid, Recovery and Economic Security (CARES) Act. Under certain conditions, any business that uses a PPP loan to pay employees for eight weeks will have the loan forgiven.

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