Information and Resources to Help Small Business Owners Navigate COVID-19

small-business-resources-covid-19

In an effort to support business owners, here is the latest news about COVID-19 as it pertains to small business and I’ve included an updated list of resources. So, how does the US Small Business Association (SBA) define a small business…

A Small Business Is Defined As:

Depending on your industry, a small business could be defined as a business with a maximum of 250 employees or a maximum of 1,500 employees. They’re privately owned corporations, partnerships, or sole proprietorships that have less revenue than larger businesses.

For those of you in Georgia, Governor Brian Kemp announced yesterday that Georgia has received an official statewide disaster declaration from the U.S. Small Business Administration. This declaration will provide assistance in the form of SBA Economic Injury Disaster Loans (EIDL) to impacted small businesses in all 159 counties in Georgia.

This opens the door for small businesses and nonprofits in Georgia to now apply for economic injury disaster recovery loans.  The loan can be up to $2 million per business to assist small businesses impacted by COVID-19. 

The application is now live, and Georgia small business owners can go directly to the SBA for assistance and to access the application.

Not in Georgia… no worries, use this link for information and the application for every state that has received the disaster declaration from the SBA.

Required Documents for SBA for EIDL loans: 

  1. Profit and Loss and Cash Flow Statements for 2019 and 2020 on annual basis and year to date basis.
  2. Tax returns from the past 3 years, both personal and business 

Loans are available for small business and non-profit organizations. While terms will be established on a case-by-case basis, many will have a thirty-year repayment term with first payments not due for up to twelve months. Businesses should expect to provide a tax transcript, financial statements, and a profit and loss statement. Interest rates will range from 2.75% to 3.75%.

In addition to the above, I suggest you reach out to your lending institution to see if relief programs are being offered during this time: delaying payments; interest only payments.  

To learn more about the EIDL program:


sba-small-business-roundtable-covid19

Join Small Business Roundtable with SBA Administrator Jovita Carranza and CEOs of the leading small business organizations. They will discuss the needs of small business owners during the economic fallout resulting from the COVID-19 outbreak.

Friday, March 20th, 2020 at 2:30 pm ET

Click Here to RSVP

****This Just In****

(1:15PM March 20th) At this time, due to some last minute scheduling issues, we are working to reschedule this webinar for another day and time. Our goal is to have something next week. Timing might be better as we expect to know more about the next round of legislation.


empty-office-space-working-from-home-small-business

This is something every business owner should ask their staff who are working from home, before moving into the meeting agenda of the call. Discover what it is here


Learn How to Manage a Manage a Work-From-Home

  • TODAY – March 20: Learn from nationally recognized experts on How to Manage a Work-From-Home Workforce Teleconference with a FREE webinar. This resource is open to any business in the region and is hosted by Council for Quality Growth in partnership with Forsyth County Chamber. Register here.
  • Next Week: Georgia Commute Options is hosting a Telework Webinar Series to share information about managing objectives and deliverables while teleworking, collaborating through technology, supporting good working habits and more.

IRS Tax Relief information

The IRS has established a special section of the agency’s website focused on steps to help taxpayers, businesses and others affected by this coronavirus. Their page will be updated as new information is available.  

Guidance for Businesses and Employers with Regard to COVID-19

The President’s Coronavirus Guidelines for America – 15 Days to Slow the Spread

The Centers for Disease Control and Prevention (CDC) offers the most up-to-date information on COVID-19. This interim guidance is based on what is currently known about the coronavirus disease 2019 (COVID-19). For updates from CDC, please see the following:


Well that’s it for now… 

But please leave a comment with any information and resources that you’ve found useful as you’ve navigated the COVID-19. And don’t forget to support the local small businesses in your area any way you can.

Living Full Out

Radio Show Guest Appearance

I had a great time appearing with Nancy Solari on her nationally syndicated radio show, Living Full Out!tom-martin-coaching-living-full-out-radio

 

My Living Full Out episode, When You Believe You Can Overcome Limitations as You Live Full Out, originally aired on February 10th. Nancy and I discussed overcoming adversity and finding hope in the most challenging of circumstances. Plus we talked about the life lessons I’ve learned from battling merkel cell cancer three times and how this was a catalyst for me to leave the automotive industry and become a certified executive coach.

You can listen to the Living Full Out show using the Spreaker Audio player below. And you will find my two segments with Nancy starting at the 15-minute mark of the show. 

            

I share my story to share the life lessons I’ve learned along the way and even offer hope. You are not alone, and feel free to reach out with questions. You can learn more about my cancer journey on my blog and also in the Huffington Post feature, Voices of Strength – Stories of Survival  

Defining Moments

If we take time to examine our hearts we will find moments in our lives which define us. Typically these defining moments are found at the end of a long road of pivotal circumstances. And those pivotal circumstances, positive or negative, can leave our lives forever changed.

defining-moments-leverage-your-life-now

Several years ago Jeff Goins was promoting his new book, Wrecked, he asked people to share stories of when their lives had been “wrecked.” Jeff published the story I submitted and today I share an excerpt of Damage Goods with you today.

Early on we both knew where we were tracking as a couple. Our relationship was so rich, the conversations were so natural, and our values and beliefs were totally in sync. We were confident the path we were on would lead to marriage some time in the fall of 2011. Our plans were for an extended courtship, not because we weren’t ready to get married, rather because we wanted to do everything we could to protect and ensure Shari’s teenage sons had time to adjust to a new man being in their lives. 

ONE WORD 365 – Growth

iStockphoto © sefaoncul

My One Word for 2011 was “pause.” 

Who would have known this one word could have impacted my mindset throughout the most challenging and rewarding year of my life.

~2011 was a year where my dream of being a husband and a father became reality with one single “I Do.”

~2011 was a year where I faced cancer for a third time and battled to the best of my ability through five months of chemo and trusted God period for what I could not control.

~2011 was a year, had I not slowed down and paused through in the midst of every challenge and in every blessing I would have missed seeing God’s handiwork in my life and the lives of those who joined me in this journey.

My One Word for 2012…hmmm? My One Word focus for next 365 days err…325 days?

After much thought and deliberation it has to be Growth, a word that is so appropriate to focus on after the year I had in 2011. I want to take all the life lessons learned…the good, the not-so-good, and the awesome and grow from them. I want to share them with the hope they may help and influence others in a way that they too can grow from my experience.

For me I’m talking about total…across the board growth, both personally and professionally. Growth in the five areas which I feel encompasses a full and complete life.

Cancer Life Lessons

No one issued me my cancer playbook when I got the news I had cancer. But I soon found out there were plenty of cancer life lessons to learn before my treatment season began.

cancer-life-lessons

Reactions vary when you get the news cancer has entered your world but most the reaction is some form of fight or flight. Those who lean toward flight can withdrawal or move into forms of denial as it takes time to process this news. Those lean toward fight can be using it to mask their denial. Either way you most process the news fully before moving forward in a healthy way. Looking back now, I know moved into the “fight” mode too quickly and did not process how the news of my diagnosis would impact my life. I simply thought I would beat it by powering through whatever cancer through at me. So much like preparing for a big football game, I said let’s do this…Game On!

Scouting

Most football teams have scouts who learn everything there is to know about the opponent with the hope of finding weaknesses that can be exploited. Research was my way of scouting merkel cell cancer (mcc), unfortunately there is little published about this relatively new type of cancer, and there is even less focus by the cancer community from an awareness and funding perspective due to the low number diagnosed each year. Despite the limited information, my scouting/research confirmed enough of what had already been discussed with the medical team I was assembling to move forward with my game plan of surgery, skin graft, sentinel node dissection, and 6 weeks of radiation.

 Team Meeting

Another component of my Game On involved those difficult conversations with family and friends who needed to be told. I approached those talks under the false belief, that if my attitude was positive and upbeat it might somehow lessen their concern and worry. In my eyes I did pretty well; as I had my facts together what mcc was and what the medical team planned to do about it, that was until I spoke with my brother Mike. As I was telling him the news in my best upbeat spiel, an image of my 3 nieces flashed in my mind followed by another image where I was missing their proms, graduations, and weddings. I’m not sure if he caught me starting to choke up, but I’d have to admit that was the shortest of all my Game On conversations.

Intangibles

Work was a different type of Game On, similar to a player trying to convince his coach that despite being at 80% he could still contribute to the win. For me it was important to reassure the owners of my company that I regarded this only as a bump in the road with minimal disruption at the dealership. But I knew it would open the door, and for the first time in my career, where my ability to do what they hired me to do would be evaluated not only on talent but also on availability, something I  had little say or control over.

You Have Cancer

Tom, “You have cancer.”

you-have-cancer

When you find out you have cancer everything changes. There’s an expression, “you could have heard a pin drop,” not something people normally experience but something which describes those surreal moments in life. But on the day the doctor told me, “you have cancer, I swear you could have heard a pin drop. And when you find out you have cancer the pin which drops is more like the pin of a hand-grenade.

Defining moments are the times in our lives where time stands still, and one of my defining moments occurred when I was told I had cancer!

Your defining moment might have been when finally got your diploma, or it could have been the day you said “I Do”, or it maybe it was the day you held your first born child. These life changing moments become defining when the world as we know it is forever changed and our life takes on a new trajectory.

You Have Cancer Moment

Such was the case for me on December 12, 2009 when phone call led to a defining moment for my life. I was leaving a shopping mall after doing some Christmas shopping when I noticed I had a missed a call and there was a voice mail. I recognized the number as it was from a doctor who had recently done a biopsy for me and figured the call was a formality with news there was nothing to be concerned about. Unfortunately the message received was not what I expected as my doctor called, rather than her PA, with instructions to call her as soon as I possible.

Early Cancer Update

Let me start out with a quick cancer update my sister Molly prepared a few days ago that I never had a chance to share. Keep reading after her update to see what went on this weekend and will be going on tomorrow. 

Simpsons-blackboard-update

Hi everyone, 

Thought it was time for a cancer update on Tom. He got back the results today – out of the 25 or so lymph nodes that were taken out two showed Merkel Cell cancer – one was 6 centimeters and the other was over 5….which is considered quite large.

So what do we do next?

We spoke with several medical oncologists and found one we feel can handle this type of cancer. Because this cancer is so rare and doesn’t look like other cancers Tom’s received very different advice from three different oncologists on what the next step should be. Some say to do chemo and radiation and another says to only do radiation.

So first Tom has to heal for the next 5 weeks from the surgery before he can start treatment and he’s currently battling an infection so that needs to be taken care of.