THE HUSTLE, BY: TRUNG T. PHANG – August 31, 2020 For decades, the Securities and Exchange Commission (SEC) has only allowed “accredited investors” (individuals who are worth $1m+, or earn $200k+ a year) to invest in private markets. Now, the rules are being changed to allow people to get accredited if they can show “knowledge […]
The following Industry Advisory was received via the California Department of Alcoholic Beverage Control, June 5th, 2020. Delivery Minor Decoy Requirements Industry Advisory This Industry Advisory supplements the Department’s Industry Advisory on Delivery of Alcoholic Beverages that was issued on April 30, 2020, and discusses new enforcement rules the Department is employing to curb deliveries […]
A Lithuanian city is turning its streets into coffee shops. The Hustle, Michael Waters, April 29th, 2019 Real estate is so cramped that businesses are going al fresco. In Vilnius, the capital of Lithuania, restaurants are the new public square. As the city reopens this week, it’s putting in place basic social distancing rules: * […]
As small business operators ourselves, we understand first hand the trials and tribulations that you may currently be experiencing. You likely have many questions regarding how your business can operate and how to handle issues like revenue loss, employee layoffs, etc… as a result of COVID-19. To help you to navigate your business through this time, we have listed a few […]
Via US Chamber of Commerce The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency. Importantly, these […]
Via City of Santa Barbara: There have been several tax extension deadlines, changes to SBA loan payment expectations and other business resources released in the last few days. The following information provides details on those changes. For more information, visit the Economic Development Collaborative website, which is a frequently updated hub of information for employers […]
As business owners and landlords consider next steps during this crisis, one of the first actions they take should be reviewing key aspects of their commercial leases. Within some commercial leases are provisions which create exceptions to performance under the lease, including the demand for continuous operation or rental payments under force majeure or government […]
The California Department of Alcoholic Beverage Control has suspended enforcement of specific legal prohibitions to assist California’s alcoholic beverage industry during the COVID-19 pandemic. ABC released a Notice of Regulatory Relief on March 19, 2020 to help licensees with economic challenges brought on by the spread of the virus. Some of these changes under the […]
As businesses are suffering due to the COVID-19 outbreak, many are wondering will my insurance coverage help to cushion the blow to revenue loss? While many business insurance policies cover business interruptions, a significant number of the policies exclude compensation for communicable disease outbreaks. This was a change that many insurers made after the SARS […]
via Employment Development Department, State of California Coronavirus 2019 (COVID-19) An outbreak of respiratory illness caused by a new coronavirus (COVID-19) has been identified starting in Wuhan, China. There is no evidence of widespread transmission of COVID-19 in California at this time. While investigations to learn more about the virus are ongoing, workers and employers […]