In a rare display of bipartisanship on June 5, President Donald Trump signed into law the Paycheck Protection Program Flexibility Act, which makes some favorable modifications to the PPP loan program.
Sometimes, a particular case does take years to reach a resolution. But in many cases, leverage can be gained at the outset of a case, which might push the parties to a resolution.
When leaders have time to look beyond the immediate decisions of salary reductions, layoffs, and furloughs, distance leadership is one of the next topics that needs attention.Â
Main reasons for restructuring or reorganizing a business involve the departure of a key person, overlapping roles or new business objectives, such as entering a new market.
Compounded by the fears of the virus, business owners of color are being disproportionately left out of the federal bailout Paycheck Protection Program.