Business News
May 11, 2020
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Letter Sent to Governor Wolf: Huntingdon County will Reopen
Governor Wolf said that businesses may lose licenses if his order is defied. He will also withhold discretionary funding from counties that defy his order.
Click here to watch his announcement. We will keep you posted as we learn more.
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Conversation With a Tax and Payroll Professional
Courtney Lang,
EA, MBA
Members are invited to join us on Monday, May 11, 2020 at 2:00 p.m.
to discuss the employee retention tax credit
and the deferred payroll tax payment opportunity
Register in advance for this meeting:
After registering, you will receive a confirmation email containing information about joining the meeting.
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Main Street Lending Program Guide
As a result of the CARES Act, the Federal Reserve created the Main Street Lending Program to provide a total of $600 billion in financing for small and medium-sized businesses.
Click here
to check eligibility, calculate borrowing parameters (loans start at $500,000), and learn how to apply for one of the program’s three new lending facilities using the U.S. Chamber's new Main Street Lending Program Guide.
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U.S. Chamber Institute for Legal Reform (ILR) Releases New Report Examining COVID-19 Litigation Impact
Last week, the U.S. Chamber's Institute for Legal Reform (ILR) released a new report—
Federal Liability Problems and Solutions
—as part of its ILR Briefly COVID-19 Series created to highlight how litigation, if left unchecked, will challenge our economic recovery after this pandemic.
The report specifically details four main areas of law that the plaintiffs' bar is expected to target or, in some cases, is already targeting:
- Exposure Liability: Where essential businesses that have stayed open during the pandemic and businesses that have begun to reopen are sued for allegedly exposing a patron, employee, or member of the public to coronavirus.
- Product Liability: Where manufacturers of products designed to protect against, treat, or test for the coronavirus are sued when these products fail to perform perfectly.
- Medical Malpractice: Where frontline responders to the coronavirus are sued for care decisions they made or did not make when rendering COVID-19-related medical services.
- Securities Litigation: Where companies are sued for allegedly failing to give sufficient warning of the economic fallout of the coronavirus to investors in time for them to avoid related losses.
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How Will Sports, Entertainment, and Restaurants Manage the Return to Work?
U.S. Chamber looks forward to hosting you on
Thursday, May 14 at 3:00 p.m. EST
for an important discussion on
how high-density consumer industries, such as
movie theaters, restaurants, and sports leagues
, are planning for reopening
—how to start that process, how to keep employees and consumers safe, ensuring consumer confidence, and what the “new normal” might look like as we start to reopen the full American economy.
Speakers include:
Michael Kaufman, Partner, Astor Group; and Former Chairman, National Restaurant Association
Rick Roman, Owner, Roman Theatre Management
Suzanne Clark, President, U.S. Chamber of Commerce (Host)
More speakers will be announced soon. You won't want to miss it.
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Free Webinar on Local Business Recovery
for the Grand Reopening
Most states have stay-at-home restrictions that are expiring soon, and some have already begun lifting business restrictions. How will reopening our local economies affect your business? We want to help guide you to better ensure that your business will be in the best possible position to resume serving your customers.
We’ve invested in resources which conduct research in our local market to help business owners make informed decisions with their reopening strategy. That is why Seven Mountains Media and CapCity Communications are teaming up with Gordon Borrell to examine what businesses have been thinking about the reopening. What strategies appeal to them most and how are they planning to get back in the game?
Gordon Borrell is a much sought-after-speaker for conferences and company meetings and is the local media industry’s leading analyst. He is ranked in the top 2% among Gerson Lehrman Groups’s 150,000 consultants worldwide and is quoted frequently in The Wall Street Journal, Forbes, and other publications. He has appeared on TV and radio programs discussing trends and forecasts for local media.
Our FREE webinar, “Local Business Recovery for the Grand Reopening” will take place on Thursday, May 14th, 2020, at 10 am. If you are a business owner, we encourage you to attend, virtually, to hear some factual data on what you can do to keep your business top of mind, relevant, and vital to customers today.
This is a free webinar but space is limited so please click on the link below to register today to reserve your spot.
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PA Chamber Launches 'Bringing PA Back' Initiative Website
Guidance from trusted sources on workplace readiness – such as cleaning and safety standards; employment opportunities; industry-specific guidance; and policy recommendations that will help to revive Pennsylvania's economy.
Map of the Commonwealth – identifying which phase of the re-opening process each county is currently in – along with an overview of the Wolf administration's guidance for each phase.
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Click here to register for the Dale Carnegie Training..
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Strategy to Resume Operations Assistance
The Central PA Chapter of
SCORE
is offering to assist any company or non-profit organization in its service area to develop a strategy for resuming operations after being curtailed by the ongoing coronavirus pandemic. The chapter’s service area consists of Centre, Mifflin, Clearfield, Clinton and Huntingdon Counties.
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Your copy should address 3 key questions: Who am I writing for? (Audience) Why should they care? (Benefit) What do I want them to do here? (Call-to-Action)
Create a great offer by adding words like "free" "personalized" "complimentary" or "customized." A sense of urgency often helps readers take an action, so think about inserting phrases like "for a limited time only" or "only 7 remaining!"
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U.S. Chamber Provides New Documents
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Click here
to download the Independent Contractors Guide
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to download
the Small Business Guide
& Checklist.
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No more applications are being accepted.
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DISASTER ASSISTANCE PROGRAMS
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The U.S. Small Business Administration
is offering designated states and territories low-interest federal disaster loans of up to $2 million for working capital to small businesses suffering substantial economic injury as a result of COVID-19. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%.
Currently not accepting applications.
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The Coronavirus Aid, Relief, and Economic Security (CARES) Act has allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to eligible small businesses during this time.
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Huntingdon County Strong:
Business and Community Resources
Click graphic below.
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Contact Us
Yvonne Martin
President/ CEO
MacKenzie Huntsman
Program Director
Phone: 814-643-1110
Fax: 814-643-1115
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Looking to start an endowment or to support community efforts? Click the logo above to learn more about the Huntingdon County Foundation.
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