PPP Loan Forgiveness Checklist
July 23, 2020
For a deeper dive into the forgiveness process, please see our earlier coverage, A Loan Recipient's Guide to PPP Loan Forgiveness. Below is a summary of the core pieces of information that you will need to support your submission.
Managing Covid-19 Stress & Anxiety
June 9, 2020
If you’re feeling stressed and anxious during these uncertain times, you’re not alone. According to a recent Gallup poll, nearly 60% of Americans reported daily stress and worry due to the coronavirus (COVID-19) pandemic.
Vacation Rental Cleaning Amid Covid-19
June 4, 2020
As the travel industry begins to re-introduce itself into the new normal, stringent cleaning measures will not only be vital to the health and safety of vacation rental guests, it will also be a key factor in your property’s success. A fundamental component is ensuring guests trust that the short-term rental has been properly disinfected and cleaned.
Business Survival Plan Part 2: Contingency Planning
May 27, 2020
Part two is about contingency planning to help you prepare for unexpected events and minimize their impact. In this article, we’ll explore how to create your own contingency plans, how to be proactive on decreasing the impact of risks, and why these are essential to the vacation rental industry.
Business Survival Plan Part 1: Guide to Finance
May 5, 2020
Our first article of this two-part series highlights the steps to take to be financially prepared for a crisis. Whether that is a second wave of COVID-19, a natural disaster or any number of other crises that could temporarily shut down your vacation rental business.
Finding Relief for Vacation Rental Property Owners
April 13, 2020
Coronavirus has become an unescapable weight halting the travel and hospitality industry. It has had a devastating toll not only on short-term rental property owners but also the communities they serve. Additionally, Congress enacted the CARES (Coronavirus Aid, Relief, and Economic Security) Act of 2020 to provide much needed relief for small business owners, including those in the travel industry.
On-Demand Webinar: 4 Key Ways to Protect Your Business from COVID-19’s Impacts
WATCH NOW - Tax & Employee Actions You Need to Consider Today
Our experts will address the following specific matters that your organization must address today, as well as any other relevant issues that emerge: Families First Coronavirus Response Act, Review of Paid Leave Requirements, How to Obtain Tax Credits, Benefit Plan Impacts.
On-Demand Webinar: Solutions for Managing Liquidity In Uncertain Times
Learn New Paths to Creating Profit & Reducing Go-Forward Expenses
Things are moving quickly and changing by the hour regarding COVID-19. That’s why you need to stay on top of the most critical issues that will – no doubt – affect your business. One of the most important issues to attend to now is managing your business’ liquidity.
Tips to Reel in Phishing Scams for Property Owners
April 7, 2020
An unfortunate result of COVID-19 is that cybercriminals are attempting to capitalize on the public’s desire to learn more about the outbreak. And with the majority of the population working remotely due to the coronavirus outbreak, phishing scams are becoming the fastest type of cybercrime.
Enhancing Emotional Health While Social Distancing
March 31, 2020
Our emotional wellbeing is often impacted by what’s happening in other areas of our lives. If stressful events are taking place in our community or if we are not feeling our best physically or if we have financial challenges, our emotional health can be negatively impacted. However, by making a concerted, deliberate effort to tend to our emotional wellbeing, we can develop the resiliency and mindset needed to navigate life’s challenges.
5 Ways to Grow Your Business in a Challenging Environment
March 23, 2020
With the travel industry unsettled and uncertain, it means we are all looking for ways to make the most of this downtime. We put together some ideas to share with you of how to keep your business growing during these challenging times.
CBIZ Vacation Rental Insurance COVID-19 Update
March 17, 2020
The health and safety of our customers and team members remains our top priority as we navigate the evolving COVID-19 global health challenge. We are closely monitoring the impact of COVID-19 and will continue to watch this situation closely, taking guidance from the Centers for Disease Control (CDC), WHO and local authorities.
Preparing for the Financial Impact from Coronavirus
March 5, 2020
With the volatility in the markets and the continued spread of the COVID-19 virus cases domestically, it is only a matter of time before U.S. businesses feel the financial ramifications of the new coronavirus. How much of an impact companies face depends on their sector, their geographic footprint, and their business continuity plan.
How to Get an SBA Coronavirus Emergency Payroll Protection Loan
The U.S. government recently passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help businesses, families, and individuals make ends meet during the coronavirus crisis. The bill allocated $350 billion specifically to assist small businesses, helping them maintain employees and giving them capital to keep things running. The US Chamber of Commerce provides a guide on which companies are eligible for these new loans, what lenders will be looking for from your company, how much you can borrow, how to have the loan forgiven and more.
Additional CBIZ COVID-19 Resource Center
CBIZ has made it a priority to stay on top of all of the COVID-19 issues affecting our clients. In response, we’ve created a resources page that addresses the most urgent matters businesses must take action upon to survive and remain in business, while also supporting their employees and maintaining legal compliance. Gain valuable insights regarding Tax & Legislation, Employees & HR, Financial Management and Rick & Operations.