by Andrea | May 12, 2020 | Blog
In light of Elon Musk declaring that the automaker will be restarting production at the Tesla Fremont factory because the services were considered non-essential; I wanted to shed a light on how automotive franchises are performing during the shut down. In the past...
by Andrea | May 1, 2020 | Blog
I have been watching the docuseries, “The Last Dance” about Michael Jordan’s career and the Chicago Bulls team of the 1990’s. Watching Dennis Rodman rebounding skills really had me thinking about post pandemic and the economic rebound. In basketball, rebounding is one...
by Andrea | Apr 21, 2020 | Blog
Franchisees like many other business owners have to navigate the uncertainty of COVID-19, and its effect on businesses. Business owners are dealing with challenges such as meeting payroll, loss of revenues going, managing employees, pivoting to other revenue streams...
by Andrea | Apr 11, 2020 | Blog
To launch or not to launch? That is the question. Now many business owners can relate to how Shakespeare felt! We are now one month into the COVID-19 pandemic and there seems to be the feeling that this is the new normal. Many companies who were planning to launch new...
by Andrea | Apr 3, 2020 | Blog
I have been an entrepreneur for three decades now. I bought my first auto repair business during the recession of 2008. Those times were challenging and we were able to survive through it. Although those were difficult times, the impact of COVID-19 has been global and...
by Andrea | Mar 26, 2020 | Blog
Effective March 18, 2020, new relief measures for qualified businesses include: • Working capital loans of up to $2 million with flexible terms and payment postponements for up to 6 months for qualifying businesses; • Postponement of payments for up...
