With businesses now on the cusp of reopening, employers are bringing back workers at a reduced capacity. Those who chose not to lay off or furlough workers need to make strategic cuts in order to stay afloat. One method of doing this is through a state-administered workshare program.
Imagine that you had a financial officer on your team that made sure your books and financials were up to date and readily accessible.
The PPP comes with its own set of instructions to limit how the money can be spent. Here are 5 steps to manage your PPP loan funds wisely.