More critical than ever in the COVID pandemic, Small Business Saturday

A sign at a bar in Washington, D.C., alerts customers that it's closed due to the coronavirus outbreak. Lawmakers are considering big moves to assist small businesses.

More critical than ever in the COVID pandemic, Small Business Saturday

The “Small Business Saturday” of this year could be the most critical one ever. As the coronavirus pandemic is affecting many small businesses.

On Saturday, the small business commissioner of New York City will visit the five boroughs. Including Marcy Square, urging individuals to get out and help local businesses, whether in person or online.

Weekly Update: Global Coronavirus Impact and Implications

The “Manhattan Mom & Pop Tax Relief Act” was passed on Saturday by State Senator Brad Hoylman and Assemblyman Harvey Epstein in honour of the holiday.

The act would abolish the collection of industrial rent taxes from small companies with a base rent of less than $1 million per year during the COVID-19 pandemic.

COVID-19 has struck Mom and Pop companies hard, as any New Yorker can see from the skyrocketing amount of storefront vacancies in Manhattan,” Hoylman said It is unacceptable that only small businesses south of 96th Street are expected to pay the Commercial Rent Levy, so we are tossing a lifeline with the Manhattan Mom & Pop Tax Relief Act for around 5,500 of them.

Support For Shops On Small Business Saturday More Critical Than Ever – CBS Pittsburgh

Tory Johnson posts sales and steals that can be added to their gift list by anyone.

What The Mayor Said?

Blasio launched an effort this week to offer interest-free loans of up to $100,000 to small businesses.

Blasio said that they have to support local entrepreneurs. The city has done it from grants and loans, they have done it long before the federal government. To offer free PPE to keep shops and their customers safe to open streets and sidewalks for outdoor dining to open retail markets. All things that make a difference.

Starting on Nov. 30, company owners may register for a part of the $35 million grant.

And city authorities are not the only ones asking for small enterprises to be sponsored. Hamilton actor Lin-Manuel Miranda took to Twitter on Saturday to demonstrate his support.

Research by the NYC Alliance showed that a third of the 230,000 small businesses could be forced out of place. As the pandemic took foot traffic and tourism to a standstill.

Coronavirus: Small Businesses Need Money Quickly To Survive : NPR

An experiment of ‘COVID checked’ flights from three U.S. airports would soon be allowed by Italian authorities to remove the mandatory 14-day quarantine for passengers arriving in Italy, Rome’s main airport said Thursday.

On Saturday, the small business commissioner will stop in Flushing and then make his way about 1 p.m. to Marcy Square. Handing out PPE and urging individuals to come out.

 

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