© 2020 by Barracks Row Main Street

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CORONAVIRUS RESOURCES FOR BUSINESS OWNERS

SBA RESOURCES AND LOANS

The Small Business Administration (SBA) released a toolkit offering guidance for businesses and employers to plan and respond to Coronavirus. They also offer the Economic Injury Disaster Loan program that provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. Read about the Three Step Process! Also, check out their Emergency Preparedness Guidance. Read a letter from DSLBD Director Whitfield about these programs here

US DEPARTMENT OF LABOR RESOURCES

The U.S. Department of Labor provides information on common issues employers and employees face when responding to influenza, pandemics, or other public health emergencies. Find information on their website about the Fair Labor Standards Act and the Family and Medical Leave Act and how they affect your business now. 

US CHAMBER OF COMMERCE RESOURCES

The U.S. Chamber is working to inform and equip businesses with the most important and up-to-date information to prevent the spread of the virus and prepare businesses for the near and long-term impact.

LOCAL DC GOVERNMENT RESOURCES

On March 17, 2020, The DC Council has approved the “COVID-19 RESPONSE EMERGENCY AMENDMENT ACT OF 2020.”
 
This Emergency Act includes the following provisions that are most applicable to businesses:  

  • Extends employment protections under DC Family Medical Leave Act.

  • Extends the March 31 real property tax for hotels to June 30, 2020 and allows other businesses to defer February and March sales taxes to July 20, 2020.

  • Creates small business grant program, including grants to non-profits and independent contractors (if they do not qualify for Unemployment Insurance).

  • Allows for pick up or delivery of beer and wine (in a sealed container) to be consumed in the home from a restaurant if ordered with food. Email us at info@barracksrow.org to tell us about your operating status

  • Extends time for filing of biennial corporate filing.

  • Provides DISB flexibility for health insurance and matters regulated by DISB.

  • Extends public benefit programs such as Alliance, TANF, and SNAP.

  • Limits price gouging and stockpiling.

  • Prohibits utility companies from shutting off service.

Stay up to date on the measures the District is implementing on their specialty site, coronoavirus.dc.gov

TIPS FOR BUSINESS OWNERS

GET CREATIVE! Could your restaurant offer delivery of raw ingredient packages (Blue Apron style) with recipe instructions for your more popular dishes? 

✓ Use time wisely! If you are going to have down-time, make the most of it! Now could be an excellent opportunity to take inventory, cross train staff, re-arrange your products, or analyze sales numbers from the past few years and identify the best products for when you re-open. 

✓ If your business is staying open, publish commitment to public health and outline actions for ensuring a clean facility and healthy staff; have hand sanitizer available for customers and latex gloves available for employees

✓ Offer digital gift cards that customers and patrons can buy now and use later

✓ Start, maintain, and enhance business webpages, online shopping opportunities, and social media presence

✓ Keep customers updated on new experiences or products you'll offer when conditions improve

✓ Develop customer membership programs, such as “subscribe and save” on delivery or pickup of coffee beans, fresh produce, etc.

✓ Develop online shopping list services. For example, many grocery stores offer grocery pickup or delivery to customers who submit shopping lists online.

✓ Offer digital services and support to virtually sell, answer questions, and provide customer service

✓ Keep it lively! Offer trivia nights via livestream and provide virtual tours of your shop