An overwhelming number of the businesses we’ve talked to are eager to re-open. Despite some of the negative labels being hurled about, these people aren’t all denying science, nor are they all putting profit over health. These are entrepreneurs, independent contractors, and small business owners who have spent lifetimes building their businesses, brands, or skills. [...]
CVEP’s Small Business Forum continued virtually this month with a presentation on business entity types, common issues with partnerships, and employment law. The forum was conducted by David R. Roth and Vee B. Sotelo of Slovak Baron Empey Murphy & Pinkney, LLP, a law firm with a primary presence in Palm Springs. Roth is an [...]
CVEP is one of the founding partners of the Coachella Valley Economic Recovery Team (CVERT). But before our Valley can recover, CVERT members are assisting businesses with the more immediate task of staying afloat. Each founding partner seeks to help in unique ways. One of the actions CVEP is currently taking is assisting businesses with [...]
Updated 5/11/20: The new funding for the PPP & HCE Act became available on Monday, April 27 after original funding from the CARES Act ran out of money. While it was expected that funds might run out within a few days, as of the end of last week there were still over $1B in funds [...]
As COVID-19 continues to spread, the need for governmental assistance in the Coachella Valley grows. At the time of this writing, the resources available to help businesses survive this challenging time are just beginning to roll out. Among the currently best-defined programs is the Economic Injury Disaster Loan program through the U.S. Small Business Administration. [...]
As COVID-19 (coronavirus) continues to create financial mayhem to small business and individuals, financial institutions are offering special assistance to help mitigate the hardship. We realize there is a lot of information coming at businesses right now: this is just a sampling of resources. We will update this post as new information becomes available. At [...]
CVEP’s staff is now beginning our second week of sheltering in place. As the television reports of the growth of the virus is like a light bulb to a moth, there are permanent lessons we are learning from this experience. We continue to see how COVID-19 will change our lives for the long term. The [...]
Updated March 20, 2020: Today, Treasury Secretary Steven Mnuchin Tweeted: “At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties". Like so many other things in our world right now, resources are changing [...]
CVEP is diligently monitoring the responses by the United States and California governments to assist both people and businesses. Our goal is to communicate with the Coachella Valley's business community about what can be done within the framework of passed legislation to mitigate the negative impacts of the COVID-19 threat. To date there have been [...]
As you read this, you have already likely experienced firsthand the difficulty of preparing for a disaster once it is underway. Many stores are selling out of needed products within minutes of restocking their shelves. And although we are already in the midst of the Coronavirus pandemic, it is not too late to take basic [...]
