On June 15th, almost 15 months after the first shutdown orders were issued in the Bay Area, California “fully reopened” its economy. This is an important milestone and an opportunity for us to both reflect and plan. As we look forward and discuss what the reopening means for business, at ClearPath we believe it is important to keep each new challenge in the context of the past 15 months. Just one year ago, business leaders were fighting for survival: setting up remote networks, struggling to obtain everything from PPE to laptops, adapting to constantly changing restrictions, obtaining PPP loans and other financing, and above all trying to protect the health and livelihoods of their employees. We overcame those challenges and more, both business and personal. The problems business leaders face in the second half of 2021 are small by comparison.
Paycheck Protection Program – Week One Review The Paycheck Protection Program was supposed to help small businesses retain employees. The goal was to provide both reassurance to business owners and a quick cash infusion for payroll needs. To accomplish this, the law used the private sector to issue loans instead of an SBA-issued grant. To
Dignified employment transitions As businesses adapt to changing market conditions, layoffs and other terminations may be necessary. ClearPath understands the stress that can accompany employment transitions and has a range of outplacement services allowing employers to offer dignity and support to displaced employees. Most organizations are well equipped in recruiting and talent acquisition, but few can
ClearPath has adapted Orion, our Strategic Planning and Execution Program, to help leaders identify top priorities and develop execution plans for the next 14, 30, 60 and 90 days.
On March 6th, additional SBA disaster relief funding for COVID-19 was approved so that businesses in many California counties are now eligible and further appropriations are expected. At ClearPath, we’re working alongside all of our clients during this unprecedented time, and looking for every possible way to help. To that end, we have recently researched
Hiring the right people is one of the most important things you can do to help create a healthy business. The right people strengthen your culture and the wrong people destroy it. As Peter Drucker said, “Culture eats strategy for lunch.” With the introduction of new recruiting tools, some of the heavy lifting in the recruiting process
As independent business owners look further into 2018, some ask if this is a good time to consider selling their business. At ClearPath Business Advisors, we counsel our clients on the importance building a sellable business — optimizing your systems, resources and processes — for higher performing continued growth and/or higher value sale. We
When it comes time to sell your business, there’s a lot more that goes into the equation than simply pricing it high and hoping to work with the top bidder. Selling a business involves selecting your team, working with the right buyer, establishing a value based on market conditions and considering the financial impact resulting