In the thick of the COVID-19 outbreak it is not just human lives at stake, but businesses as well. Many companies are overwhelmed with an abundance of state and federal mandates, as well as employee concerns that are changing the way we do business. 2020 started with owners and executives conducting business as usual. Managers were putting a pre-coronavirus business plan to action, accounting departments paid bills and issues paychecks while administrators and HR representatives focused on hiring and retention. Now, what happens post coronavirus, do we freeze up and hope things will just go back to normal, or should we be proactive in getting in-front of how we manage our business in this new world?
Today we have new legislation and state mandates being written every day that affects our businesses. CARES Act, Social Security Tax Deferral, furloughing vs. termination were not topics on the agenda a few months ago. As federal and state governments issue new emergency orders, and the government continues to provide economic relief packages, do you know how they may affect your business? Do you have professional support to help navigate payroll, benefits, workers comp, and HR issues as they relate to your business? What is your go-forward business plan?
Alex is a successful entrepreneur, marketer, and president of We Do Web Content, an Inc. 5000 business. His firm devises content and marketing strategies and produces online content for law firms, medical professionals, and small businesses nationwide.