PPP Loans: Timeline, Implications, and Next Steps

We are at a moment in time that economists, historians, journalists, psychologists, the medical profession, and politicians will be writing about and discussing for decades to come. The sudden and precipitous economic collapse was not caused by a supply and demand imbalance or financial deleveraging as in previous recessions but by an epidemic quickly turned …

Webinar Invitation: Maximizing PPP Loan Forgiveness – Your One Shot to Get it Right!

You may have heard, overnight the Senate passed the “Paycheck Protection Program Flexibility Act of 2020” and has sent it to the President for signature. This legislation updates PPP rules and regulations, including, but not limited to, a timeline extension and an increase in the percentage of loan proceeds that may be spent on non-payroll …

COVID Business Planning: Strategic Approaches

Strategic Planning is Imperative to Managing through COVID-19 COVID-19 and the draconian, oftentimes bungled measures taken to mitigate its impact have brought unprecedented challenges to businesses; challenges that they hopefully will never have to face again. While the PPP and Main Street Lending Program have been a lifeline for many, more recent legislative advances signal …

Checklist for Business Reopening and Resumption

This post was co-authored by Teresa Foltz and Christine Roach, Senior HR Consultants for vcfo. In January, the virus that was then impacting China was barely on individuals’ radars in the US. As we too became engulfed by its impact, a massive mobilization ensued across all aspects of society. Businesses were forced to make quick …

Coping with COVID: Recruitment Procedures And Virtual Interviews

In coping with the impact of COVID-19, business owners have had to make incredibly tough decisions– perhaps none more so than when they’ve had to furlough or lay off employees. Now, as some businesses begin to stabilize and widen their eyes to the longer term, new anxieties are creeping in. For many, this includes wondering …

Coping with COVID: Employee Development Ideas in a Paused World

The impact of digital transformation on business processes, cultures, and customer experiences is compelling large organizations to have Learning and Development teams rev up their development engines with increased training budgets and online learning investments. Small and mid-sized businesses that may not have dedicated learning and development resources are also feeling the pinch. For them, …

vcfo Joins Austin Chamber of Commerce for COVID Business Workshop Webinar

On Wednesday, April 15th, 2020 vcfo partnered with the Austin Chamber of Commerce to host the first-ever Business Workshop webinar. Ellen Wood, vcfo President and CEO and Bobby Jenkins, President of ABC Home & Commercial Services discussed protecting your cash and your people during the COVID-19 crisis. The discussion was moderated by Hahn Public Relations …

Coping with COVID – Business Leadership and Employee Fatigue

A lot has changed since January 21, 2020, when the U.S. announced the first confirmed case of the COVID-19 virus on its soil. Like every aspect of society, business leaders and their employees continue to cope with the impacts. And as weeks turn to months with no clear sign of when normality will resume and …