UPS and FedEx say the spike in deliveries means added costs, resulting in temporary coronavirus-related surcharges for shippers on certain type of packages.
COVID-19 makes raising capital harder
The impact on angel investing could be similar to the post-2000 dot-com decline and the 2008-09 recession, said the Center for Venture Research at the University of New Hampshire.
Seasonal firms face tougher time due to COVID-19
The coronavirus will make it more challenging for seasonal businesses to generate revenue amid stricter regulations, capacity limits and uncertainty about customer demand.
Employers could face wage issues as they reopen
If overtime exempt employees' roles and responsibilities have changed and their salaries reduced, it's possible that they now must be paid overtime.
Pandemic forces firms to reevaluate 2020 budgets
Budgeting during a crisis requires companies to become more nimble and flexible, experts say.
Questions businesses can ask workers during pandemic
Equal Employment Opportunity Commission has updated guidance for businesses including their ability to ask employees medical questions, require personal protective gear and conduct testing.
COVID-19-related tax credits an option for companies
The Credit for Sick and Family Leave and the Employee Retention Credit are available for eligible companies hurting financially, experts say.
Discounts, other incentives help small business survive, experts say
It's wise to look for alternatives rather than jumping to straight discounting, says Nicole Penn, president of EGC Group, a marketing and digital services firm in Melville.
Video conferencing comes with security risks
Users can take steps to take safety measures as platforms, including Microsoft Teams and Zoom, work to address vulnerabilities.
Small business: Generating cash flow during pandemic
Under the CARES Act, you can delay the 6.2% employer's portion of the Social Security payroll tax through Dec. 31, 2020 and then pay 50% by Dec. 31, 2021 and the other 50% by Dec. 31, 2022.
Experts: Business managers need to be open during pandemic
Leaders and managers have to ramp up communication to build trust and quell fear, say experts.