In a time where we are impacted by COVID 19
This time is extremely tenuous for small business owners, freelancers, entrepreneurs, and contractors.
I will be searching and sharing resources and information in how to prepare, navigate and keep moving during this time.
My hustlers are hit by this and it affects their ability to live and be ok during the shift.
Many companies are canceling and going completely digital. There are strategies to save contracts, further position yourselves to survive this if you have a shortfall.
Freelance Resource Here
FOR NYC SMALL BUSINESSES
There is access to no-interest loans if your business is suffering a loss of 25% in revenue.
Mayor Bill de Blasio announced on March 8 that the City will provide relief for small businesses across the City seeing a reduction in revenue because of COVID-19. Businesses with fewer than 100 employees who have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help mitigate losses in profit.
The City is also offering small businesses with fewer than 5 employees a grant to cover 40% of payroll costs for two months to help retain employees. Eligible owners who would like to learn more about these programs should fill out our interest form.
One question posed was “Is it ok to lay off staff if there’s no business coming in due to the virus?“
The Mayor announced employee retention grants of up to 40% of payroll costs will be available to help businesses with under 5 employees pay their staff. Sign up at on.nyc. gov/COVID19Biz to receive more information as it becomes available. Under the NYC Paid Safe and Sick Leave Law, employers with five or more employees who work more than 80 hours per calendar year in New York City must provide paid safe and sick leave to employees. Employers with fewer
than five employees must provide unpaid safe and sick leave. Covered employees have the right to use safe and sick leave for the care and treatment of themselves or a family member. Employers and employees can visit nyc.gov/sbs or call 311 (212-NEW-YORK outside NYC) for more information. While we hope that you do not have to reduce the number of people you employ, there is a layoff process that must be followed. Please visit the NYS Department of Labor website to learn more: dol.gov/agencies/eta/layoffs.
Unemployment Benefits due to Coronavirus/COVID19
A link for unemployment due to the Coronavirus/Covid19
I am making sure my small biz community has access to any assistance as so many are reaching out to me with canceled contracts, postponed payments, a complete shift to digital experiences.
I’ll share what we can do to pivot and stay sustained through these trying times. Our capacity to provide for our families is at stake in many instances but I believe this about us, we are capable, resourceful and able to move through and past obstacles.