Consider These 10 Adjustments Before Making Payroll Cuts | Best Company
Consider These 10 Adjustments Before Making Payroll Cuts - Best Company
The economic impact of COVID-19 and related stay-at-home orders has reached nearly unbelievable proportions. As of April 10, 31 percent of Americans were furloughed or had lost their job because of virus-related events, according to a survey by Freedom Debt Relief.
But many businesses are hoping they can hang on to their employees until they can secure Paycheck Protection Program (PPP) funds to temporarily cover payroll costs or the economy reopens to begin the long process of recovery.
To business owners looking for every possible place to cut costs and preserve cash before initiating layoffs, there are several budget adjustments to consider.
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"Congratulations to the Blend of Seven Winery, a member of IMS for 6 years, for being the best winery of 2018 according to Reader's Choice Awards. They were also the runner up for best beer/wine carryout in the same year as well as the runner up for best event venue. On Facebook, they received a 4.9 rating, 4.5 on Yelp, and 4.9 on Google. No wonder it is ranked #5 in the list of Best Things to Do in Delaware referenced by Trip Advisor! Well done on your high rankings! "