Dr. Michael Swanson, Wells Fargo’s Chief Food and Agriculture Economist, shares his outlook and impact of COVID-19 on Agriculturally based businesses and economies like ours. He will outline what lessons other global crises have taught about business execution and structural issues such as capital, labor, and technology.
CARES ACT Paycheck Protection Program (PPP)
The Forgiveness Application
Last month we brought you Paycheck Protection Program webinars Part I and Part II to help you navigate the program and make informed decisions. Now the SBA has released the Loan Forgiveness Application along with new information regarding the changes/clarifications included in the new application document. Mr. Gardner and Mr. Brown team up once again to bring you the most current update. They answer your questions during the webinar and help provide clarity while you prepare to fill out the necessary forgiveness forms.
This webinar covers:
- Loan forgiveness application instructions
- Changes, adjustments and new information regarding forgiveness
- Step by step details on how to accurately make your calculations
- Many specific questions answered regarding unique situations
Did you apply and take advantage of the CARES Act Paycheck Protection Program? Now, it’s time to make sure that the money you used to keep your employees paid is forgiven.
Earlier this month we brought you Part 1 of the Paycheck Protection Program Webinar that was presented by Riley Gardner, River City Bank. Mr. Gardner clarified details about the program in regards to what is available to your company, details on terms and loan forgiveness, and how to apply. Now Mr. Gardner teamed up with Ben Brown, CPA from B|F|B|A and presented details and information on what steps you need to do, track and take, in order to achieve maximum forgiveness. Over 80 questions were answered on this webinar!
This webinar covers:
- What qualifies for forgiveness
- How do you track headcount and make adjustments
- How to manage and document the funds for reporting
The Federal Government is providing emergency assistance to businesses affected by the COVID-19 Pandemic through the CARES Act. Specifically, the Paycheck Protection Program authorizes up to $349 billion in partially forgivable loans to small businesses to maintain their existing workforce and help pay other expenses like rent, mortgage interest, and utilities during the COVID-19 crisis. In this webinar, Mr. Gardner explains what is available to your company, details on terms and loan forgiveness, and how to apply.
P R O A C T I V E M E A S U R E S T O H E L P F A M I L Y B U S I N E S S E S
We are grateful to the professors at California State University Sacramento for leading our members through a webinar called Managing Your Family Business Through Uncertainty. In 2017, Sac State surveyed FBC members to understand family businesses and their resilience through a crisis. Now, in the midst of this unprecedented public health situation, we collaborated to bring members management strategies for the COVID-19 pandemic. Participants discussed disaster preparedness, strategies for effective communication to stakeholders, shifting to a remote workforce and creating plan to allow for safety directives while sustaining a family business. The webinar has been uploaded to our YouTube Channel and is now available to all family business members. If you want the full PPT please contact Stella Premo at firstname.lastname@example.org.
P R E S E N T E R S:
- Ryan P. Fuller, PhD, MBA – Assistant Professor, Management and Organizations Dept., Assessment Director, California State University, Sacramento, College of Business Administration
Joseph Taylor, PhD, MBA – Assistant Professor, Information Systems, California State University, Sacramento, College of Business Administration
Reena Haymond – Assistant Professor, School of Nursing, California State University, Sacramento, College of Health & Human Services
Nitin Roy – Assistant Professor, Department of Public Health, California State University, Sacramento, College of Health & Human Services
For more information on dealing with COVID-19 check out these timely articles below: