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Should You Require That Your Employees Get a COVID-19 Vaccine Before Returning to In-Person Work?

  • U.S. Equal Employment Opportunity Commission guidelines say employers can legally require employees to receive a COVID-19 vaccine to physically return to work
  • Employees can request exemptions, and must be granted reasonable accommodations for safe in-person work
  • Businesses have generally preferred incentivizing vaccines to requiring them
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As COVID-19 Restrictions Ease, Many Minority-Owned Businesses and Restaurants Continue to Struggle to Make Rent

  • Survey by the small business resource Alignable finds that 37 percent of small businesses were unable to pay their June rent in full
  • Minority-owned businesses, restaurants, arts and entertainment, and travel and lodging were among the other categories with an elevated share of respondents struggling to make rent
  • A majority of respondents said their revenues are half of pre-pandemic levels, and nearly half were having trouble bringing back customers
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Finding an Investor That Matches Your Company’s Unique Needs

  • An investor is an important partner to have, but the relationship can sour if the fit is not a good one
  • Tips on how to choose an investor who is a good match for your company
  • Looking at the investment history, finding an investor with complementary skills, and more
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U.S. Chamber: Small Business Optimism Improves as COVID-19 Vaccinations Proceed

  • Survey from the U.S. Chamber of Commerce and MetLife finds more small business owners believe the worst of the COVID-19 pandemic has passed
  • Optimism surges from the Q4 2020 amid easing business restrictions and vaccination efforts
  • Three-quarters of small business owners plan to keep precautions in place until the pandemic is over
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Business News Roundup, June 18, 2021

A new federal holiday, train on the SBA, recreational marijuana legalization in Connecticut, and a donation from offshore wind partners are among the top business news items this morning. National Some employees are getting an unexpected day off today after…

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What Changes Does the Budget Implementer Bill Make to Connecticut’s Small Business Express Program?

  • Budget implementer bill that passes Connecticut General Assembly includes significant changes to the Small Business Express program
  • Types of financial assistance expanded, funding priorities eliminated, and eligibility requirements updated
  • Cap on revolving loan fund for minority-owned businesses raised from $100,000 to $500,000
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Small Businesses Identify Lower Sales, Lack of Qualified Employees as Key Challenges

  • ADP’s Small Business @ Work Survey finds that reduced sales revenues and lack of qualified workers are the key challenges facing small businesses
  • Supply chain disruptions, higher costs, and difficulties in areas like cash flow and capacity are also creating problems
  • Survey suggests that new technology and career shifts during the pandemic are contributing to labor shortages
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Amazon Launches “Black Business Accelerator” with $150 Million Commitment

  • Amazon announces the launch of its Black Business Accelerator program to assist Black-owned businesses that are third-party sellers on its site
  • Program includes a $150 million commitment and financial assistance including $10,000 grants and credits toward certain services
  • Coaching, marketing, and brand promotion also available
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Survey: Average Employee Believes They Lost Nearly $10,000 in Raises During the Pandemic

  • Thirty percent of respondents in a recent survey of remote workers say they have experienced a delay or denial of an expected promotion, with 21 percent saying they experienced a promotion freeze
  • Most respondents picked up their efforts during the COVID-19 pandemic in an effort to earn a promotion
  • 40 percent said they are considering a change in career, return to school, or long break in the next six months
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Business News Roundup, June 17, 2021

Anticipated rate hikes, higher than expected unemployment claims, another vote on recreational marijuana in Connecticut, and a new advanced manufacturing center are among the top business news items this morning. National Data released by the Federal Reserve on Wednesday shows…

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