Binghamton SBDC Virtual Lunch & Learn: Break-Even Analysis
As the impacts of the COVID-19 Crisis have far reaching impacts for your and your business, how do you evaluate the new break-even for your products and services? SBDC Advisor Liam McMahon will help you understand best practices for evaluating the new break-even point for today's new business model.
In addition, we will be reviewing the latest updates on PPP Forgiveness.
Feel free to submit questions during the registration process.
Tuesday, June 9, 12:00pm
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Delaware County Travel Guide Released
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We were very excited to produce the 2020-2021 Delaware County Travel Guide this year. We were thrilled to roll out a new design, size and format. We had finished the content in March and were just finalizing the printing options when the stay at home orders went into place. As a result of the pandemic and the general pause we are experiencing in spending and marketing to visitors,
we have decided to launch the travel guide in a digital format only at this time
.
When we are permitted to market again and we feel confident that the content in this guide will be as accurate as possible, we will proceed with printing and distributing. We anticipate updating this book before we go to print, realizing we may have many changes and we anticipate this version will be a guide that can promote our area through 2022.
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Hear from the Tax Foundation's Garrett Watson, Senior Policy Analyst and Jared Walczak, Director of State Tax Policy, as they discuss the fiscal challenges at the state and federal level and how government can reform tax policy to support economic recovery efforts.
Tuesday, June 9, 2020 - 11:00 - 12:00 PM
This presentation is available at no cost. Webinar access information will be emailed directly to all registered participants in advance of the event. Questions about this event can be directed to michael.kracker@unshackleupstate.com.
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SBA Releases PPPL Forgiveness Application
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The U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application.
The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). SBA will also soon issue regulations and guidance to further assist borrowers as they complete their applications, and to provide lenders with guidance on their responsibilities.
The form and instructions include several measures to reduce compliance burdens and simplify the process for borrowers, including:
- Options for borrowers to calculate payroll costs using an “alternative payroll covered period” that aligns with borrowers’ regular payroll cycles
- Flexibility to include eligible payroll and non-payroll expenses paid or incurred during the eight-week period after receiving their PPP loan
- Step-by-step instructions on how to perform the calculations required by the CARES Act to confirm eligibility for loan forgiveness
- Borrower-friendly implementation of statutory exemptions from loan forgiveness reduction based on rehiring by June 30
- Addition of a new exemption from the loan forgiveness reduction for borrowers who have made a good-faith, written offer to rehire workers that was declined.
Click here
to view the application and instructions.
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Delaware County is in Phase Two of Reopening
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The Phase 2 guidelines apply to non-essential businesses in regions that are permitted to reopen, essential businesses throughout the state that were previously permitted to remain open, and commercial and recreational activities that have been permitted to operate statewide with restrictions. If guidance has not yet been published for your specific industry, but you are permitted to reopen, please refer to the
NY Forward Safety Plan template
.
Pursuant to the Governor’s Executive Orders, the following businesses remain closed:
- Malls; specifically, any indoor common portions of retail shopping malls with 100,000 or more square feet of retail space available for lease; however, any stores located within shopping malls, which have their own external entrances open to the public, separate from the general mall entrance (e.g. strip malls), may open;
- Dine-in restaurant or bar service, excluding take-out or delivery for off-premise consumption;
- Large gathering/event venues, including but not limited to establishments that host concerts, conferences, or other in-person performances or presentations in front of an in-person audience;
- Gyms, fitness centers, and exercise classes, except for remote or streaming services;
- Video lottery and casino gaming facilities;
- Movie theaters, except drive-ins; and
- Places of public amusement, whether indoors or outdoors, including but not limited to, locations with amusement rides, carnivals, amusement parks, water parks, aquariums, zoos, arcades, fairs, children’s play centers, funplexes, theme parks, bowling alleys, family and children’s attractions.
For help determining whether or not your business is eligible to reopen, use the reopen lookup tool
HERE
Guidance for Phase 2 Include:
Business Owners must read the detailed guidelines and provide their digital signature affirming that they have read and understand the document.
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Restaurants Can Now Offer Outdoor Dining
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New York State announced that restaurants that are able to offer outdoor dining can begin outside table service effective June 4th.
This includes restaurants in the seven regions that have already entered phase two - the Capital Region, Central New York, the Finger Lakes, the Mohawk Valley, the North Country, Western New York and our region, the Southern Tier. Outdoor tables must be spaced six feet apart, all staff must wear face coverings and customers must also wear face coverings when not seated.
Additional guidance from State Liquor Authority:
Pursuant to the Governor’s order, effective Thursday, June 4, 2020, all licensees in regions that have entered phase 2 of reopening and which have on-premises service privileges under the Alcoholic Beverage Control Law (ABC Law) may, subject to the guidance below, resume outdoor, on-premises service of alcoholic beverages and/or food. This guidance shall continue until July 3, 2020 but may be extended or reduced depending upon the circumstances.
To aid in prevention of the spread of the coronavirus and assist businesses impacted by the current state of emergency, the Governor has ordered the Chairman of the State Liquor Authority (SLA) to promulgate guidance on a streamlined process for expansion of licensed premisses for service of alcoholic beverages.
The State Liquor Authority offers the following guidance:
Consumption:
Any consumption of food and/or beverage must happen in outdoor, open-air areas, without a fixed roof (besides a temporary or seasonal awning or cover).
Any consumption of food and/or beverage must happen while seated at a table, bar, counter, or similar contrivance.
All tables must be 6 feet apart; any seat at a bar, counter, or similar contrivance must be 6 feet apart.
All staff of the licensed business must wear face masks at all times.
All customers must wear face masks at any time they are not seated.
Any consumption shall be subject to all other relevant executive orders, guidances promulgated by the Department of Health, and/or any other relevant agency guidance.
Expansion of Premises:
Section 99-d of the ABC Law, under normal conditions, governs the process for substantial alterations of a licensed premises. Pursuant to this guidance, however, a licensee may, for the duration that this guidance remains in effect, use any outdoor, open-air part of its existing premises for which it has control by deed, lease, management agreement, or other agreement of control. Provided however that if a licensee’s existing license is subject to a stipulation with a municipality or other entity limiting the use of certain parts of the premises, such licensee must submit a letter from the municipality or other entity with which it has stipulated approving such additional outdoor use of premises.
Any licensee that expands its premises pursuant to the immediately foregoing paragraph shall within 5 business days of doing so submit an updated diagram to the SLA at temporaryalterations@sla.ny.gov. Failure to do so shall subject a licensee to disciplinary charges for illegal extension of premises.
Should any municipality elect to make available to licensees any municipally owned lands (e.g. sidewalks, streets, etc.) contiguous to the licensed premises for service of food and/or beverages (a “Municipal Extension”), and should such municipality want or expect the SLA to have jurisdiction over a licensee’s operations over such Municipal Extension, such municipality must submit to the SLA a plan for such municipal outdoor dining area on the following form and deliver to the SLA the written acceptance of responsibility for such Municipal Extension from each implicated licensee by also including the following form. Service that occurs in a municipal dining area for which a municipality has not submitted a form and licensee written acceptance shall be outside the jurisdiction of the SLA.
Any movement of an existing point of sale while keeping the number of currently licensed points of sale the same must be noted in the diagram submitted pursuant to this guidance, the addition of a new point of sale in excess of the number of currently licensed points of sale shall require application to the SLA for and additional bar license.
A reminder: outside of this Guidance, the restrictions put in place by Executive Order 202.3 (as continued by subsequent executive orders) remain in effect; any licensed business found to be operating in violation of the Governor’s orders restricting on-premises service of alcoholic beverages, including the SLA Guidance with respect to take out and delivery service, shall face a monetary penalty (retail maximum of $10,000/manufacturer maximum of $100,000), and/or suspension, cancellation, or revocation of its license.
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Face Masks and Hand Sanitizer Available
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Face masks and hand sanitizer are available at no cost for use at businesses and non-profit organizations, through donations by Delaware County Electric Cooperative and Rotary International.
Items will be distributed by Delaware County Emergency Services at the County Public Safety Building, 280 Phoebe Lane, Delhi, Mondays through Fridays, from 9:00 am to 3:00 pm.
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Get Latest Reopening Information from New York State
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Prepare for the phased reopening of our economy.
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Listen to Crisis Management and Recovery Workshop Recording
GrowthWheel for Crisis Management is a tool designed to help you make good and helpful decisions during a crisis. These tools encourage you to identify personal challenges, look for financial warning signals, and establish a solution plan. It includes decision sheets specifically designed to improve the operational aspect of the crisis.
Chamber member GrowthWheel is a worldwide recognized visual tool to help entrepreneurs make decisions and take action.
All webinar participants will receive 20 one-page worksheets at no cost for your use. Additionally, we have created a team of trained volunteers who have offered to guide you through the worksheets to find the ones that are most useful to your business.
This workshop is for business owners and managers, and will help guide participants through how make the best decisions in business during these stressful times.
Register to receive a copy of the recording
here.
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Bold Gold Media Offering Matching Advertising to Chamber Members
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Bold Gold Media Group, broadcasting at Thunder 104.5FM in Hancock, is matching dollar-for-dollar advertising from businesses affected by the crisis. Call Dawn Ciorciari, General Manager at 845-794-9898 x301.
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FREE Workforce Training Available
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CDO Workforce
has made Metrix Learning® available to all unemployed and underemployed residents of Chenango, Delaware, Herkimer, Madison, Oneida, and Otsego counties. Metrix Learning® is a comprehensive platform that delivers career exploration tools, career pathways, job search tools, assessments, and online skill training. Customers will have the ability to virtually register, update job skills via e-learning courses, track their progress (e.g. course completions, hours, skill badges, etc.) and explore careers.
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SUNY Delhi
is offering 10 free non-credit classes through the online education platform Ed2Go. These are available from April 29 - June 30, 2020. Topics include website development, customer service, marketing, personal finance, fundamentals of supervision and management, job search skills, and individual excellence. Each class is a self-paced tutorial with 24 hours' worth of content that you can complete on your own time. Classes are for personal/professional development and cannot be applied toward a SUNY Delhi degree.
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Partnering with our friends at the MARK Project and our local chambers of commerce throughout Delaware County, we’re helping connect restaurants, farm stores and stands, beverage producers, bottle shops, and general stores with customers at
SisBoomYum.com
.
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Tips, Techniques and Exercises for Stress Relief and Self Care
The Chamber has partnered with Maia Wilde of
Maia Wilde Consulting
in Treadwell to provide stress relief tips and techniques for use in a business setting or at home.
This three part video takes you through a variety of poses, exercises and planning tips created to release tension from the body and the mind and help us navigate the uncertainties we are facing due to the Covid-19 pandemic.
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The New York State Office of Mental Health Emotional Support Helpline provides free and confidential support, helping callers experiencing increased anxiety due to the coronavirus emergency. The Helpline is staffed by volunteers, including mental health professionals, who have received training in crisis counseling. Call
1-844-863-9314.
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The Chamber has partnered with New Haven Consulting Group, Inc. to provide our members with an online
“Preventing Sexual Harassment"
workshop that meets the requirements of the new law.
This program is available at a Chamber-member reduced price of $20 per participant.
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FREE WORKSHOPS
Our partners at New Haven Consulting Group are also offering two FREE online workshops:
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FREE (Virtual) One-on-One Business Counseling Sessions
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The Small Business Development Center (SBDC) is offering FREE comprehensive programming to provide management and technical assistance to small businesses in Delaware County!
Specializing in direct one-to-one counseling, the SBDC offers assistance in the following business areas:
- Start-up assistance
- Business Plan Development
- Accounting and Financial Projections
- Sources of Financing
- Marketing
- Business Expansion
- Relocation and Agribusiness
There is no cost for the counseling services of the SBDC.
Reservations are required for the one hour appointments. To make your reservation for
Tuesday, June 30 (10:30 a.m., 11:30 a.m., 1:30 p.m. or 2:30 p.m.) email us at info@delawarecounty.org.
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The Delaware County Chamber is a private, non-governmental, not-for-profit membership organization. We believe that healthy communities begin with healthy businesses. By focusing on key areas–community and economic development, advocacy, tourism promotion, and business engagement–we partner with municipal leaders, community organizations, and local companies to present a unified voice of business for the improvement of our communities.
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5 1/2 Main Street
Delhi, New York 13753
Give Us A Call: 607.746.2281
DelawareCounty.org
GreatWesternCatskills.com
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