Assessing the state of and options for your business during COVID-19 fallout

C.J. Marwitz •
BenefitsPro
AntonioGuillem

In these days of “unprecedented times,” during which American businesses have been hit hard by COVID-19, business owners are struggling to determine how to be proactive and arm themselves for the economic threats that are still to come. Following is guidance based on my experience as a Chapter 11 bankruptcy attorney representing businesses and creditors

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Microbusinesses could be the key to surviving the COVID-19 recession

STEVEN MELENDEZ •
Co. Create
Prostock-Studio

People’s online microbusinesses and side hustles might be helping their hometowns’ resilience during the COVID-19 pandemic, a new study by the web-hosting company GoDaddy suggests. That includes people such as Nashville-based Chef Zach Sass, who was laid off as a result of virus-related restaurant closures. As a stopgap, he started a coronavirus-era business as a

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How to prepare self-insured businesses for rising pharmacy costs

Paul Wilson •
BenefitsPro
BackyardProduction

Before the novel coronavirus hit, employer health benefits were already expected to rise 5% this year, according to the National Business Group on Health’s (NBGH) 2020 Large Employers’ Health Care Strategy and Plan Design Survey. The survey estimated the total cost of health care to be $15,375 per employee, including premiums and out-of-pocket costs for employees

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Emerging from the pandemic: How small businesses can begin to recover

Dennis Jaffe •
Forbes

As small businesses plan strategies for reopening and recovery, the new business landscape offers little more than painful choices. Being shut down or running minimal operations may turn out to be less stressful than facing the challenges ahead—new rules for safe operation, huge debts, uncertain ability to retain a workforce, working productively with social distancing,

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