Pausing business operations may have stretched companies in 2020, but reopening is proving challenging in its own right. Public health leaders, governments, and businesses are considering phased reopening as their countries pass peaks of COVID-19’s initial wave, but 44% of businesses polled in a Gartner survey were unsure how a return to work will play [...]
Treasury and the U.S. Small Business Administration (SBA) released new Paycheck Protection Program (PPP) guidance Friday night that provided some clarity on several loan forgiveness questions but didn’t address the two parts of PPP that arguably have generated the most concerns among the millions of small businesses and other entities that have received funding. Two [...]
The economic impact of the coronavirus pandemic came so quickly and hit so hard that companies worldwide are trying to stabilise their business to the point where they can recover. When Deloitte surveyed CEOs, senior managers, and HR leaders in China, which was affected by the coronavirus first, 66% said they were unable to serve [...]
The IRS released guidance (Notice 2020-32) to explain that a taxpayer that receives a loan through the Paycheck Protection Program (PPP) is not permitted to deduct expenses that are normally deductible under the Code, to the extent the expenses were reimbursed by a PPP loan that was then forgiven. The PPP was created by Section [...]
Companies that are preparing to reopen in the coming weeks still need to be in "survival mode" if they want to outlast the impact of the coronavirus pandemic. That's according to Marilyn Landis, CEO of Basic Business Concepts, which provides CFO services to small companies. Landis spoke at the National Small Business Town Hall, a live webinar hosted by Inc. and the [...]
Here’s how you can take control of your brain’s knee-jerk reactions to distressing situations, says psychology researcher Lisa Penney. This post is part of TED’s “How to Be a Better Human” series, each of which contains a piece of helpful advice from people in the TED community; browse through all the posts here. Question: When you’re under [...]
More than half of employees at businesses in the UK do not think their merits are being properly recognised. The survey by Gartner company Capterra found that almost all (94%) employees saw employee recognition as being key to retaining talent and that most (78%) found recognition to be a strong motivator. But only about 50% [...]
There’s a reason dysfunctional workplaces are often referred to as toxic. Similar to a home with a small gas leak, an office that allows gossip, pointless meetings, favouritism, and bullying to go unacknowledged will gradually become uninhabitable. Early signs that your office is becoming toxic include an increase in absenteeism, uninspired job performance from team [...]
With great power comes great responsibility. Organizations can mitigate the risks of applying artificial intelligence and advanced analytics by embracing three principles. DOWNLOADABLE RESOURCES Artificial intelligence (AI) is proving to be a double-edged sword. While this can be said of most new technologies, both sides of the AI blade are far sharper, and neither is well [...]
A vaguely written and poorly formatted email will most likely get lost in the shuffle or ignored (at least for a couple of days). So if you want to start writing strong emails that command attention, look no further than the U.S. military. For decades, the U.S. Air Force has relied on “The Tongue and Quill,” a manual on [...]