Brixey & Meyer Blog

"How will SBA review borrowers' required good-faith certification concerning the necessity of their loan request?"

Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

Imagine the following employee situation. MakeStuff Corporation is a Midwest manufacturer of widgets. MakeStuff employs 75 full-time workers, and you are the company’s Plant Manager. Carl, one of your top performers, walks into your office. Typically, he greets you with a smile and a corny joke. Not today. Carl enters with a confused and concerned look on his face. Carl says, “Sue. I’m scared. I just found out that my daughter is sick, and I do not know if it is COVID-19. I don’t know what to think anymore with all the confusion seen on the news. I think I need to take some time off.” What do you do? What laws apply? Family Medical Leave Act? Emergency Family and Medical Leave Expansion? Emergency Paid Sick Leave? What is the proper course of action? It is possible to understand various employment leave laws and build processes to address them. However, it is more difficult to manage specific situations when they arise. Hopefully, the following scenarios will help you address related employee issues.

Topics: Takeaways, culture, onboarding, hiring, Growing, Human Resources, Growth, workplace productivity, Success, Management, Coronavirus, COVID-19

Understanding the Families First Coronavirus Response Act (FFCRA) is a challenge in and of itself! What happens when an employer has their first employee request paid leave? Having the right information, tools, guidelines, and support is vital! Below, you will find several “Best Practices” related to proper administration and compliance. Compliance is important, but as I explored in my first part of this series entitled “Defining Long-Term Objectives Surrounded by Short Term Obstacles,” it is important to see this law in light of an organization’s long-term objectives. FFCRA tactics need created, but they cannot stand apart from an overall operational continuity plan. 

Topics: Takeaways, culture, onboarding, hiring, Growing, Human Resources, Growth, workplace productivity, Success, Management, Coronavirus, COVID-19

In full disclosure, I started writing this blog several times but each time I stopped. I either talked to a client and realized I had more questions than answers or the Department of Labor revised a previous regulation. I quickly learned that the only certain thing about this new law was the certainty that we would learn more! Now, the dust has settled (somewhat). Here is a synopsis of the law. Understanding the law is vital to properly administer it. 

Topics: Takeaways, culture, onboarding, hiring, Growing, Human Resources, Growth, workplace productivity, Success, Management, Coronavirus, COVID-19

I found myself riding in a Seahawk helicopter coming in on a ship. I was just a passenger, but there was a Chief who was training a new sailor to get qualified for his aircrew badge. This sailor’s job was to watch out of the door of the aircraft. His job, his ONLY job, was to watch a specific part of the rotors, and if he thought we were going to hit a line or a tower or anything else, to waive off, abort the landing and we would try again.

Topics: Takeaways, culture, Growing, Business Owners, workplace productivity, Success, Lessons, COVID-19, Military, Experience

On Friday, April 24, 2020, the President signed into law a $484 billion relief bill called the Paycheck Protection Program ("PPP") and Health Care Enhancement Act with additional funding for PPP, Hospitals, and Testing. 

Topics: ohio, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, SBA Disaster, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, CARES Act

JobsOhio, Peoples Bank and First Federal/Home Savings Bank announced a partnership to support existing small business clients with maintaining operations and payroll during the COVID-19 pandemic. JobsOhio has committed up to $50 million to assist Peoples Bank and recently merged First Federal Bank and Home Savings Bank. The program provides additional financing on favorable terms for local Ohio business customers in good standing that would otherwise not be able to access this credit on such terms due to the COVID-19 crisis.

Topics: ohio, workplace productivity, Management, 2020, Coronavirus, COVID-19, Small Businesses, Businesses, Employee Retention

The 2020 Q2 estimated tax payment date for businesses and individuals is extended from June 15^th to July 15^th under IRS Notice 2020-23. The relief applies to all taxpayers that have a filing or payment deadline falling on or after April 1, 2020 and before July 15, 2020, including individuals, trusts, estates, corporations and other noncorporate filers. 

Topics: Tax Planning, ohio, Tax Team, Business Owners, workplace productivity, Management, Taxes, 2020, Workplace Culture, Coronavirus, Stay at Home Order, COVID-19

COVID-19 is impacting your business, and we are here to help. Our Business Advisory experts are empathetic and diverse problem solvers that are here to assist where you need it most.  

Topics: ohio, Business Advisory, workplace productivity, Management, 2020, Workplace Culture, Coronavirus, Stay at Home Order, COVID-19, Loan, SBA, Small Business Administration, Small Businesses, Businesses, CARES Act

Projects/orders cancelled or delayed. Cash flow issues. Over-staffed departments. These are common problems many business face today due to the COVID-19 pandemic. Many options exist to “right-size” a business, but the chosen path should fit within a business’ long-term objectives. This pandemic will pass. Business will resume to a new normal. However, tough decisions must be made now regarding what to do when there is little to no work to be done. 

Topics: Takeaways, culture, onboarding, hiring, Growing, Human Resources, Growth, workplace productivity, Success, Management, Coronavirus, COVID-19