skip to Main Content

Steps to Take If Your Business Is Burglarized or Vandalized

  • Reporting the crime and documenting losses are crucial steps if your business is burglarized or damaged by vandals
  • Businesses should also be prepared to respond to cybercrime
  • Losses from riots or civil disorders are generally covered by insurance policies, though this could change after widespread unrest this summer
Read more

Small Business Owners Show Cautious Optimism In COVID-19 Impact Poll

  • Jessica Moser visits the Small Business Radio Show to discuss the latest results of a Met Life/U.S. Chamber of Commerce poll on COVID-19 impact
  • Most small businesses said they had fully or partially reopened at the time of the survey
  • Small businesses show more optimism about future revenues and ability to rehire employees
Read more

Thousands of Theaters Join Call to “Save Our Stages”

  • Live music venues call on fans to join call to “Support Our Stages” with bipartisan $10 billion relief bill
  • Theaters have been hard-hit due to show cancellations and a lack of viable revenue alternatives during COVID-19 pandemic
  • National Independent Venue Association estimates nine out of 10 theaters may close in the next couple of months if situation continues
Read more

$180,000 in Grant Funding Available for Partnerships Promoting Eastern Connecticut Tourism Opportunities

  • State funding will support public-private partnerships to promote tourism destinations in eastern Connecticut
  • Initiative looks to encourage cooperation among sectors to promote an area
  • Applicants to be accepted on a rolling basis through Oct. 31
Read more

School Reopening Decisions Poised to Impact Small Business Workforce

  • Employees at small businesses may be eligible to seek leave if schools offer virtual classes for all or part of the fall semester
  • Parents may struggle with child care options if they have already used up available FFCRA leave
  • In Connecticut, reopening decisions are being left up to individual districts
Read more

Unemployment Extension Hits Partisan Roadblock As Enhanced Benefits End

  • Democrats reject Republican proposal of short-term extension of enhanced unemployment benefits as insufficient as supplemental $600 a week expires tonight
  • Many states have already distributed their last enhanced unemployment checks
  • With several unemployment options on the table, congressional and White House leaders set to continue negotiations
Read more

1 in 3 Small Business Owners Tapped Personal Funds to Stay Afloat During Pandemic

  • Thirty-five percent of small business owners in recent CreditCards.com survey say they used savings or personal credit cards to help cover expenses during COVID-19 pandemic
  • Seventy percent use some form of assistance, such as PPP or business savings account
  • Most small businesses are hoping for increase in sales to stay in business or meet growth targets
Read more

Dunkin’, McDonald’s, Starbucks To Close 1,400 Locations

  • Sharp decline in sales forces major fast food and coffee chains to shutter 1,400 locations
  • Revenues fall as much as 38 percent during COVID-19 pandemic
  • Companies plan investments in models allowing better response to future pandemics
Read more

Fed’s Main Street Lending Program Extended Through End of Year

  • Federal Reserve lending facilities that were set to expire on Sept. 30 extended through Dec. 31
  • Extension occurs amid rising jobless claims and severe contraction of U.S. GDP in second quarter of 2020
  • Substantial five-year loans offered at low interest rates, but with several restrictions
Read more

What The Proposed Coronavirus Relief Bills Would Do For Agriculture

  • Both the HEALS Act and HEROES Act propose billions of dollars in funding for agricultural producers affected by COVID-19
  • Bills include relief for meat producers forced to euthanize healthy animals due to backlog in animal processing
  • Agricultural processors such as textile mills and ethanol plants would also see financial support
Read more