Member blog submitted by Laurie Barr, owner of Barr HR Solutions
(These are challenging times for business. While closing your business is not a positive thought, it is, unfortunately, an option some businesses are needing to consider. Therefore, in the interest of being your helpful resource in good times and trying times we/WACC share this important information – Kevin Ferrasci O’Malley, CEO, Wilsonville Area Chamber of Commerce)
Unfortunately, as our economy has been hit devastatingly hard by this pandemic, some businesses are not going to rebound and are being faced with difficult decisions that have long term impacts to their employees. Some have been able to temporarily furlough employees and call them back as business rebounds. However, others may find themselves in a situation where they need to close the business altogether.… Read the rest
The Wilsonville Chamber of Commerce is committed to always try to act like afirst responder to the Wilsonville Business Community. In this time of economic uncertainty, the Chamber knows that the one thing you need right now to keep your business afloat is cash, period. To do something about this, we, along with over 90 chambers of commerce and business association, have joined the Save Small Business Coalition (SSBC).
Many businesses do not qualify for disaster loan programs and some can’t afford to incur additional debt. The SSBC believes that with a federally funded backstop to cover the business continuity expenses through defined grants to impacted business owners, insurance carriers and agents could potentially act as a distribution center for funds and likely help define the terms of the grants based on their experience as claims payors and policy writers.… Read the rest