As restaurants and bars across the state experience pivot to delivery and takeout business models due to the coronavirus, here are immediate tasks and things to consider in order to address the temporary closure of onsite seating services.
The first two months of the year showed signs of economic improvement. However, this recession will not be caused by the typical factors: economic imbalances, excess, inflation and increasing interest rates. It will be caused by “black swans”, or shocks.
The Department released this emergency rule after Gov. Polis declared a State of Disaster Emergency on March 10. At that time Gov. Polis directed the Department to initiate immediate rulemaking to provide some employees with paid sick leave and to identify additional supports and wage replacement, such as access to unemployment insurance.
These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. Learn more about the process for accessing SBA's coronavirus disaster relief lending.
New cases of COVID-19 are being diagnosed daily. Employers across industries should immediately take stock of their policies and procedures and develop response plans to legally manage the concerns of their staff, ensure safety and health in the workplace and protect the privacy of individuals.
There isn’t day that goes by now that you don’t hear about the continuing spread of the coronavirus and the markets, of course, are reacting to this bad news. As an investor, what are you supposed to do? Sell everything and park your cash in treasury bills or ride things out and hope things get better soon?
