I’ve stayed in touch with Abby from Licata Risk Advisors since posting our Business Interruption Insurance piece earlier this week and she just forwarded me a memo her firm released to clients.
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At the same time as all of this, each of us have all been balancing ordinary work (and thankful to have it) with family (even more thankful to have it) obligations.
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We decided to put our heads together on a broad set of policy recommendations that local, state, and federal government must act on immediately in order to limit any further harm to small business owners and their workers, and to help get us all back to work as soon as it is safe to do so.
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We have had dozens of conversations over the past serval days with both small business owners and landlords and one specific topic seems to be on everyones mind of late: Business Interruption Insurance (“BII”).
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These photographs prove that Boston can and will get through this…Dispersing is necessary and it’s proof that we are listening to our local agencies and scientists who are trying to fix our country.
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Food & Wine published a candid, forward-looking call to action from our dear friend, Chef Matthew Jennings.
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The challenges facing retail small businesses from COVID-19 aren’t limited to just restaurants.
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The major events of life, personal and professional, are celebrated in restaurants. Acquaintances become friends around a table in the safe and controlled environment of a restaurant. Individuals become lovers across a restaurant table, sometimes.
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What if there was a state program that pumped money into restaurants by buying back their liquor licenses at a fixed rate and replacing all such licenses with original issue, no-value, non-transferable licenses?
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Small businesses impacted by COVID-19 will have access to capital assistance.
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