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Monthly Archives: June 2020

BooksGavel

Sole Proprietorships Not a Priority for Paycheck Protection Program

By Godfrey Legal |

If you own a small business, you may be excited to hear that President Trump implemented the Paycheck Protection Program. This program authorized $349 billion in forgivable loans to small businesses so that they could continue to pay their employees during the coronavirus crisis, despite having to shut down or see reduced revenue. This… Read More »

BusPlan2

Parting Ways With Your Business During COVID-19

By Godfrey Legal |

You may have been excited about owning a business several years ago or maybe even earlier this year, when the economy wasn’t so bad. However, with COVID-19 whipping through the United States and forcing quarantines and business closures, you may have changed your mind. No business has been left untouched. You likely have seen… Read More »

CommLease

Commercial Real Estate Market to See Changes Due to COVID-19

By Godfrey Legal |

Our way of life has been changing dramatically in the past month. With the coronavirus rapidly spreading throughout the United States, lawmakers are ordering residents to shelter in place. People must stay at home unless they need to run important errands. Employees should work from home whenever possible. Nonessential businesses are shut down. Schools… Read More »

Letter

Are Non-Competes Enforceable During the Coronavirus Crisis?

By Godfrey Legal |

More than 16 million people have been laid off from their jobs since the coronavirus pandemic started sweeping America in March. Chances are some of these employees had non-compete agreements in place. Non-compete agreements make it difficult for employees to take the information and skills they learned and use them to work for competitors…. Read More »

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