Governor Walz announced on March 25th, that Minnesota will join several other states in issuing a Stay at Home Order. The order will start today, March 27th, 2020 at 11:59 pm and run through Friday, April 10th. During the stay at home order, businesses deemed non-essential will need to close or work from home if

Over the past week, Congress has been working to finalize a stimulus package to help the country during the COVID-19 pandemic. The bill has finally been passed and this is a list of details included. Public: one-time payments will be given to individuals and couples based on income. $1,200 to individuals making under $75,000/year and

The Families First Coronavirus Response Act will help the United States combat and defeat COVID-19 by giving all American businesses with fewer than 500 employees funds to provide employees with paid leave, either for the employee’s own health needs or to care for family members. FFCRA becomes effective April 2, 2020 The legislation will enable

One of the hardest parts of owning a business is working out ways to preserve cash when crisis strikes. With COVID-19, businesses are having to move work to remote solutions, or close offices to comply with social distancing. Our team has worked out some 9 ways to preserve cash in a crisis. 1. Up to

As the saying goes, “Hope for the best, plan for the worst”. During trying times, it’s important to have a plan that ensures business continuity. Below are important items to consider. Financial and Business Review Review cash, loans, and capital structure to evaluate the financial health of your company. Review accounts payable and accounts receivable