Advice from Verne
March 30: 16 key infrastructure industries &
who is deemed an essential worker during Covid-19
The above was released Saturday night from DHS, Cyber security and Infrastructure Agency in collaboration with State and Local Gov and Industry. It describes the 16 key infrastructure industries AND who is deemed an essential worker. Go right to page 4 for a diagram of the 16. This is valuable information for anyone seeking opportunities if you’re already in an essential industry, or for companies who may be able to pivot.
March 27: Best Summary/Guides to Gov’t Resources/CARES Act for US & Asia
Download the PDF above for the best guide to decipher the CARES Act for biz owners – thank you Greg Crabtree, author of Simple Numbers, for sharing.
And for those in the Asia Region, Arowana has compiled the best list of government sources of support https://arowanaco.com/government-measures-to-counteract-the-economic-effects-of-novel-coronavirus-covid-19/
Important CARES Act Details
$2 Trillion US Economic Rescue Package passes Senate – and other countries are sponsoring similar rescue packages. #1 priority — assign someone in your company the accountability to gather, track, and help employees and company get all the aid to which you’re entitled.
Above is a section-by-section summary of the CARES Act – which includes a Payroll Protection Program (PPP). This is being streamlined through lenders. Anyway, the key point – someone needs accountability for this – someone detail oriented who finds “strength” in ferreting out this information and acting quickly on it (might be a different person).
In the news
Panic is contagious – but so is leadership, as the entrepreneurs behind these small businesses are showing. Verne sheds light on the small business owners who are taking care of employees in need during the coronavirus crisis in this CNBC published story.