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BenayInformer 10/20/2020

Updated: Oct 22

COVID-19


Is Your Business Eligible for Connecticut CARES Small Business Grant Program?


If you own a small business in Connecticut you may be eligible for a grant buy the Department of Economic and Community Development (DECD). The $50 million grant program is designed to help our small businesses in Connecticut recover from the impact of COVID-19.


Eligibility Criteria:

  • No more than 20 full time employees in 2019 across, or have total 2019 payroll of less than $1.5 million.

  • A 20% or more loss in revenue year to date as of September 30th, 2020.

  • Established by October 1, 2019 and still be active.

  • Home-based, sole proprietorship and some non-profit are eligible.

  • Must be in good tax standing.

Learn more.



How COVID-19 created the future of work


The pandemic has forced companies to work differently. Read Forbes' article "How COVID-19 created the future of work" to learn 5 ways leaders can extend those innovations to create a new work paradigm. Learn more.

#covid19 #innovation #management #businessgoals #Forbes #benayinformer



Unemployment was supposed to be temporary. Now, it’s permanent for almost 4 million

Worrying trends continue to emerge among the 13 million Americans that remain unemployed due to COVID-19. Check out CNBC's article "Unemployment was supposed to be temporary. Now, it’s permanent for almost 4 million" to learn more.

#COVID19 #unemployment #jobsearch #recession #benayinformer


Americans are ‘panic buying’ life insurance due to coronavirus pandemic

Life insurance is enjoying something of a renaissance as a result of COVID-19. CNBC's article "Americans are ‘panic buying’ insurance due to coronavirus pandemic" explains the situation among consumers, especially younger adults. Learn more.

#COVID19 #insurance #lifeinsurance #security #financetips #benayinformer


Some states overpaid coronavirus unemployment insurance. Now workers will have to repay the benefits


CNBC’s article “Some states overpaid coronavirus unemployment insurance” describes how workers who received benefits through the Pandemic Unemployment Assistance program are on the hook to repay some of the money they’ve received since March. Learn more. 

#coronavirus #unemployment #workfromhome #finance #benayinformer


ENTREPRENEURSHIP


Helping girls step up to entrepreneurship

After the pandemic forced parents to revise summer plans, interest surged in a virtual program called Girls With Impact, which aims to teach financial literacy. Read "Helping girls step up to entrepreneurship" by the New York Times to learn more.

#financialliteracy #womeninbusiness #girlboss #finance #NewYorkTimes #benayinformer


If your marketing plan doesn't have these 5 components, it's doomed

With more channels, content, touchpoints, and tools, coordination is key. Read Entrepreneur's article "If your marketing plan doesn't have these 5 components, it's doomed" to stay on top of competition in the rapidly expanding digital age. Learn more.

#digitalmarketing #digitalstrategy #smallbusiness #leadership #entrepreneur #benayinformer


8 financial tips for entrepreneurs launching a startup

Discover how to lay the foundation for a sustainable business with “8 financial tips for entrepreneurs launching a startup” by Entrepreneur. Learn more.

#sustainable #entrepreneurship #finance #businesstips #startups #financialplanning #benayinformer


ETHICS


How can we facilitate growth during turbulent times? Create forgiving cultures

To have a more forgiving work environment, individual people need to become more forgiving. Read Forbes' article "How can we facilitate growth during turbulent times? Create forgiving cultures" to learn more.

#workplacewellness #businessethics #culture #ethics #management #benayinformer


Why the golden rule must be practiced in business

‘Treat others as you would want to be treated’ is short, succinct, and powerful. Entrepreneur’s article “Why the golden rule must be practiced in business” explains how important it is to recognize that ethics are directly tied to a company's long-term success. Learn more.

#ethics #entrepreneurship #goldenrule #workhard #businessgoals #benayinformer


FINANCES


Young investors are going digital. Financial advisors need to adapt with them


Millennials and the younger Generation Z will occupy a bigger share of the financial advice market as their corporate and business careers develop. Read CNBC's article "Young investors are going digital. Financial advisors need to adapt with them" to learn more.

#millennials #genz #entrepreneurs #advice #smallbusiness #businessgrowth #benayinformer


An accelerated future for tax leaders

COVID-19 forced many companies to make fundamental shifts to their business models over a very short time period. Each of their pivots has downstream tax implications. Find out which trends are emerging in Forbes' article "An accelerated future for taxpayers." Learn more.

#taxes #finance #COVID19 #management #businessstrategy #benayinformer


TECHNOLOGY


The obsession that's helping e-commerce businesses make more money

Understanding metrics is the secret to realizing your company's full revenue potential. Entrepreneur's article "The obsession that's helping e-commerce businesses make more money" explains how you can measure your e-commerce metrics with a few simple steps. Learn more.

#analytics #metrics #ecommerce #digitalstrategy #management #businesstips #businessgrowth #benayinformer


How safe is your data while working remotely?


On the heels of the COVID-19 pandemic, cybersecurity has become a major source of concern for companies and individuals. Read Entrepreneur's article "How safe is your data while working remotely?" for further insight. Learn more.

#cybersecurity #datasecurity #workfromhome #management #finance #benayinformer


A survival guide for startups in the era of tech giants

Startups and established companies all face a dilemma when building new technology products. Read “A Survival Guide for Startups in the Era of Tech Giants” by the Harvard Business Review” to learn more.

#innovation #technology #newtechnology #businessgrowth #harvardbusinessreview #benayinformer

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