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
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
Coronavirus COVID-19 cases spreading across the world! Interest rates slashed! Stock market falling! Oil futures plunge! US-China Trade War looming! Recession signals flashing! These are just some of the recent headlines that have bombarded our collective consciousness. Over the past year, we continue to hear reports that an economic downturn is on the horizon. These