A Small Business Owner who is Whining or Winning?

NFIB is the organization fighting for your small business; and winning!

If you are not a member, you should be. As a membership rep (3A687) I am authorized to get you started at a very affordable rate. This is an election year as you know and it will determine the fate of many things for your small business and your business neighbors need your help. Together we can win. (Use the contact form on this page to contact me or use my cell number shown in images below). 

(Also, at the end of this article are two links which will help you capture and recapture monies for your business, much of which doesn't have to be repaid. To find out, click on the links or images to visit a secured site, answer a few questions and you'll see in moments what we can do for you. Then contact me and let's set up a discovery call). 

This is what was done just in one week on behalf of small business owners across America.

• On Tuesday, June 9th, NFIB Research Center released May’s Small Business Economic Trends survey. The Small Business Optimism Index increased 3.5 points in May to 94.4, a strong improvement from April’s 90.9 reading.

• Also, on Tuesday, June 9th, NFIB member Les Neilly, owner of Neilly Canvas Goods Company in Pittsburgh, PA, testified before the Senate Finance Committee on unemployment insurance issues during COVID-19. The hearing can be viewed here.

• On Friday, June 5th, the President signed into law the Paycheck Protection Program Flexibility Act of 2020. NFIB Key Voted in support of the bill. The new law:
• Lengthens the loan forgiveness period from eight weeks to 24 weeks.
• Lowers the amount of PPP funds that must be spent on payroll from 75% to 60% and allows 40% for other qualifying expenses.
• Allows PPP recipients to delay employer payroll tax payments.
• Exempts borrowers from the FTE loan forgiveness reduction if borrowers are unable to return to the same level of business activity as before Feb. 15th due to COVID-19.

• On Wednesday, June 10th, NFIB hosted a webinar explaining the new law, which can be viewed here.

• On Thursday, June 11th, Treasury and SBA released updated guidance revising the original PPP Interim Final Rule. The updated guidance can be viewed here. More guidance on forgiveness and updated applications and instructions are expected soon.

• NFIB will host a webinar next Wednesday, June 17th. You can register for the webinar here. The webinar, titled Overcoming Financial and Employee Challenges in the Covid-19 Era will include:
• Employment: Return to work challenges and how to surmount employee fear of Covid-19 exposure and worker resistance to losing enhanced unemployment benefits.
• Financial: Loan programs including PPP forgiveness updates, how to calculate forgiveness, and recent EIDL developments.
• Operational: Current and potential issues to think about now and how to pivot and expand your business’s strategy to be relevant to your customer’s and client’s needs now.
• You can get answers to your critical questions by submitting questions in advance to info@nfib.org.

• NFIB filed an amicus brief in support of the Occupational Safety and Health Administration’s (OSHA) current safety hazards, arguing against the need for an additional emergency standard issued from the Department of Labor. The brief was filed in response to the AFL-CIO’s petition for the Department of Labor to issue additional workplace standards.
• On Thursday, June 11th, a federal appeals court denied a petition from the AFL-CIO seeking a court order to force OSHA to issue an emergency temporary standard on infection control in the workplace.
• NFIB’s Legal Center responded, “We are pleased the DC Circuit ruled against the union’s attempt to mandate new safety standards on all small businesses.  Small businesses are working hard to follow government guidelines and take the necessary precautions to reopen and provide a safe environment for their employees and customers,” said Karen Harned, Executive Director of the NFIB Small Business Legal Center. “OSHA’s existing safety standards already provide reasonable guidance for small businesses. The last thing small business owners need as they are trying to reopen their businesses during this critical time is additional one-size-fits-all, static government regulations and red tape.”
• Please read the full press release here.

• The recording to the June 12th, SGR call on Unemployment Insurance can be found here:
• Matt Weidinger, AEI, spoke about unemployment insurance and referenced the Senate Finance Committee hearing linked here and referenced above.
• Kevin Kuhlman shared a Washington Post article on unemployment benefits and fraud.
• NFIB’s Small Business Resources in Response to Coronavirus can be found here.

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