Business interruption insurance, in particular, is intended to cover losses directly related to events outside of your control that interrupt your normal business operations, such as natural disasters or vandalism. You may assume that a global pandemic would be a qualifying event, but that’s not necessarily the case.
While it may seem counterintuitive, incorporating a business during a period of economic uncertainty may be a smart move for several reasons. In this article, we’ve answered several common questions to help you make a more informed decision.
We’ve put together a guide to the states where such laws have been enacted, but keep in mind that these policies are subject to changes and extensions.
If you are a business owner or manager who is trying to reduce your workforce during the coronavirus pandemic, it is critical to understand the key legal differences between furloughing and laying off employees.
If you’re ready to set new goals for growth, take the time now to reflect on your small business resolutions and commit to change through 2020 and beyond.