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Relief Options for Small Businesses During COVID-19

Relief Options for Small Businesses During COVID-19

When disastrous events like pandemics strike, the consequences for businesses and workers can be massive. If you’re an owner or a manager of one of the more than 30 million small businesses across the United States, you know the challenges: reduced access to capital forpayroll, limited workforce capacity, inventory and supply chain shortfalls, and unexpected repair and maintenance costs, among otherthings. Workers also know the stress and strain from these incidents, from getting laid off or furloughed to having to take pay cuts, reduced hours, or additional risks during the workday.

The world has been experiencing enormous economic struggles at the hands of COVID-19. Report after report has been borderline apocalyptic, but there’s positive news as well:relief measures taken by the federal government have helped struggling businesses and workers on an unprecedented scale.

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