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The Latest Links to Help You Navigate the Road to Recovery
We are dedicated to helping you stay up-to-date as you follow the Road to Recovery. Here are a few links that should help. Reach out to us. We're here for you. Families First Coronavirus Response Act – Department of Labor Employee Paid Leave Rights Employer Paid Leave Requirements All States’ Unemployment – Department of Labor Small Business Disaster Assistance Payroll…Read More -
VIDEO: COVID-19, The Road to Recovery – How to Survive and Thrive
On March 30, 2020, a panel featuring Managing Directors from Fahrenheit Advisors, hosted a panel to discuss and share experiences from SARS and Anthrax to turnaround situations and the great recession. Our goal is to answer your questions and help you focus on what you need to know to start planning your recovery post-COVID-19. Moderator: Jay Carpenter - Jay builds…Read More -
Help for Nonprofit Organizations is Available During This COVID-19 Pandemic
Nonprofit organizations experience particularly hard times during national crises as recently evidenced by the 2008 Great Recession, the 2001 Terrorist Attacks, and the Y2K fear leading up to the change of our millennium. And now, the Coronavirus/COVID-19 pandemic. In each instance, economic collapse results from enormous job losses, the evaporation of capital, and the decline of business revenue as demand…Read More -
Business Strategy – COVID-19 Quick Tips for Turbulent Times
Cash is King – Know your liquidity position, no matter what! Map out your cash flows for the next 30-60-90 days. Find ways to reel in what you are owed and manage what you pay out. Don’t Panic, but don’t ignore what’s going on around you – Writing down the things that have changed for you and taking your best…Read More -
FACT SHEET – The Family First Coronavirus Response Act
On Wednesday, March 18, 2020, President Trump signed the Family First Coronavirus Response Act into law. This action expands existing laws and creates new obligations for employers in an effort to assist workers affected by the spread of the COVID 19 virus. While there are provisions of this law that impacts employees – such as the providing of COVID 19…Read More -
COVID-19: What to Do When You Don’t Know What to Do
Wow! How did we get to this place of disruption so quickly? We’ve never been in this place before and it’s hard to know what to do first. The World Health Organization (WHO) declared COVID-19 (coronavirus) a pandemic on March 10, 2020 and it has literally rocked our world. As leaders in business, we’ve never been faced with this before.…Read More -
Are You a Joint Employer?
Companies that use a lot of subcontractors have long awaited clarification of the joint employer rules under the Fair Labor Standards Act (FLSA). Designation as a joint employer is a critical distinction, since joint employers are responsible for payment of wages and compliance with overtime rules. Historically this issue has been most important in the construction industry, where the use…Read More -
Are You a Joint Employer?
Companies that use a lot of subcontractors have long awaited clarification of the joint employer rules under the Fair Labor Standards Act (FLSA). Designation as a joint employer is a critical distinction, since joint employers are responsible for payment of wages and compliance with overtime rules.
Historically this issue has been most important in the construction industry, where the use…Read More -
How to Prepare Now for Looming Bookkeeper Shortage: A SMB Guide
The conventional wisdom for several years has been that bookkeeping and accounting clerk positions are doomed for extinction. Automation has been expected to take the place of many manual and repetitive tasks in the accounting world, reducing the need for these paraprofessional positions. A recent article in Strategic Finance magazine puts a different spin on this topic. It’s two major conclusions are:…Read More -
How to Make the Most of Your Multigenerational Workforce
Many of today’s businesses employ workers from across the generational spectrum. Employees may range from Baby Boomers to members of Generation X to Millennials to the newest group, Generation Z. Managing a workforce with a wide age range requires flexibility and skill. If you’re successful, you’ll likely see higher employee morale, stronger productivity and a more positive work environment for…Read More -
Acquiring a Business? Ask Yourself These Questions First
Completing a business acquisition can be very exciting and rewarding. Set yourself up for long-term success by hiring financial, legal and business advisors to walk you through the process. Here are three key questions to ask yourself in the preliminary stages of an acquisition and then several other items to consider as you move into due diligence. Before considering the…Read More -
How to Prepare Now for Looming Bookkeeper Shortage: A SMB Guide
The conventional wisdom for several years has been that bookkeeping and accounting clerk positions are doomed for extinction. Automation has been expected to take the place of many manual and repetitive tasks in the accounting world, reducing the need for these paraprofessional positions.
A recent article in Strategic Finance magazine puts a different spin on this topic. It’s two major conclusions are:…Read More