The Paychex Business Series Podcast with Gene Marks - Coronavirus
Looking to Sell Your Business? Bob House of BizBuySell.com Says Don’t Rule It out Because of the Pandemic

Looking to Sell Your Business? Bob House of BizBuySell.com Says Don’t Rule It out Because of the Pandemic

June 30, 2020

Whether they are looking to retire or have decided to move on from the increased complexities that have been brought on by COVID-19, there are many business owners who are considering selling. But is right now, in the middle of a pandemic, the right time to make a move? Bob House, president of BizBuySell.com and BizQuest.com says it just may be. Listen in as he talks with Gene Marks about why it may be a good time to sell, including a unique opportunity from the Small Business Administration to encourage buyers and the increased demand in essential businesses that is catching to the eye of prospective buyers. Bob also shares his advice on how to get yourself and your business ready to maximize your return and make it a smooth transfer of ownership.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Get Creative With New Insurance Opportunities to Help Cut Costs During COVID-19

Get Creative With New Insurance Opportunities to Help Cut Costs During COVID-19

June 26, 2020

As businesses work to navigate the many challenges brought on by the COVID-19, finding ways to cut costs is top of mind for most. Insurance expert and Director of Virtual Sales at Paychex, Rob Ryan, says that with the unique circumstances brought on by the pandemic, business owners can look to their insurance policies for ways to save. Listen in as Rob talks with host Gene Marks about how to reduce workers’ compensation rates, why cyber insurance is more important than ever, and how to rethink health insurance offerings.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Post-COVID-19 Shutdown, the Key to Protecting Your Employees and Your Business is Clear, Well Thought Out Policies

Post-COVID-19 Shutdown, the Key to Protecting Your Employees and Your Business is Clear, Well Thought Out Policies

June 24, 2020

Coming out of the COVID-19 shutdowns, business as usual is not what it once was. As companies start planning their reopening or begin bringing back employees, there is a lot to think about. Paychex Compliance Analysts, Kate Hill and Rachel Dowling, share with Gene Marks some best practices and considerations that employers should look at in order to protect their business and keep their employees safe. Hear as Kate and Rachel touch on topics such as handling health concerns and ensuring safety, confidentiality and employee rights, how to handle questions about telework continuation, and the importance of communicating clear, how well thought out business policies to help guide you.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

 

Why CPA.com’s Erik Asgeirsson Thinks the Coronavirus Pandemic is a Defining Moment for Accounting Firms

Why CPA.com’s Erik Asgeirsson Thinks the Coronavirus Pandemic is a Defining Moment for Accounting Firms

June 22, 2020

Throughout the coronavirus pandemic, accounting firms have played a key role as advisors for their clients. For many firms this has been a defining moment, being able to continue operating remotely to help their small business clients navigate these tough times. In this episode, CPA.com President and Chief Executive Officer, Erik Asgeirsson, talks with Gene Marks about the importance of technology and cloud-based platforms as it relates to the accounting industry. Listen as Erik talks about how accounting firms who had technology in place have fared during the past few weeks, how COVID-19 has pushed other firms to invest and build their technology offerings, and what the future holds for accounting firms working as trusted advisors for businesses moving forward.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

Robert Cresanti of the International Franchise Association Explains How Ingenuity and Strength Are Helping Franchise Owners Emerge From COVID-19

Robert Cresanti of the International Franchise Association Explains How Ingenuity and Strength Are Helping Franchise Owners Emerge From COVID-19

June 19, 2020

As the nation begins to come out of the current coronavirus pandemic, and businesses, including franchises, start to reopen, the true effects of the shutdowns are emerging. In this episode, Gene Marks talks with President and CEO of the International Franchise Association (IFA), Robert Cresanti, and Senior Vice President, Government Relations and Public Affairs of the IFA, Matt Haller, about the effect of the pandemic on franchise owners across the country and how they used their creativity to making it through. Robert and Matt give insights and advice for franchise owners moving forward, including using communication as a foundation of managing change, how to encourage employees to return to work, whether they see the economy rebounding, and the opportunity for both existing and prospective franchise owners.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Jim Gaffigan is Playing the Long Game on YouTube

Jim Gaffigan is Playing the Long Game on YouTube

June 18, 2020

In this two-episode podcast, Gene Marks talks with comedian, actor, and independent business owner, Jim Gaffigan, about his experience with the current coronavirus pandemic. Listen in as Jim talks about what the shutdown has meant for his live appearances and comedy shows, how it has pushed him to use social media platforms he had not previously taken full advantage of. Hear how YouTube is helping him in all aspects of his career, despite the current pandemic - from building awareness and reaching likeminded people, to creating a community and establishing relationships like never before. This is Part 2 of this fun, wide-ranging interview.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

How the Signature Dish From One City in Upstate New York Has Helped Jim Gaffigan’s Business Survive the Pandemic

How the Signature Dish From One City in Upstate New York Has Helped Jim Gaffigan’s Business Survive the Pandemic

June 17, 2020

In this two-episode podcast, Gene Marks talks with comedian, actor, and independent business owner, Jim Gaffigan, about his experience with the current coronavirus pandemic. Listen in as Jim talks about what the shutdown has meant for his live appearances and comedy shows, how it has pushed him to use social media platforms he had not previously taken full advantage of, and why Rochester’s famous Nick Tahou's Garbage Plate™ has helped his business survive. This is Part 1 of this fun, wide-ranging interview.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

The Next Stimulus Bill is Coming Soon…How Will it Affect Your Business?

The Next Stimulus Bill is Coming Soon…How Will it Affect Your Business?

June 15, 2020

With two stimulus bills already passed, there is much talk over the possibility of a third stimulus bill. Thad Inge, Senior Manager, Government Relations for Paychex, talks with Gene Marks about what both the Democrats and Republicans are each looking for as they work towards passing a bill. Listen in as they discuss funding for state and local governments, an extension of the extra $600 a week in federal unemployment as presented in the proposed Heroes Act, and business liability and possible direct stimulus checks, as being discussed on the Republican side. Thad shares what he’s hearing in Washington about the next stimulus bill, what he thinks will make it into the bill, and when he expects it to pass.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Compliance ‘Trifecta’: Federal, State, and Local Laws Key in Reopening

Compliance ‘Trifecta’: Federal, State, and Local Laws Key in Reopening

June 12, 2020

As businesses make their way through the current coronavirus pandemic, the path to reopening can be a challenging one. Whether they have a Business Continuity Plan (BCP) in place or not, there is a lot that business owners need to be aware of as they begin planning. So, where should they start? Paychex Compliance Analyst, Kate Hill, says first and foremost, you need to be aware of the compliance ‘trifecta’ – federal, state, and local laws. Kate says that now is the time to look at what has stayed the same and what has changed, to help ensure you are on the right track. Listen in as she talks with Gene Marks about designating a return to work team, ensuring you are on top of changes to paid family leave, wage and hour issues, and more. And for more information on returning to work, be sure to visit the Paychex Return to Work: Getting Back to Business page, featuring state guidance, FAQ’s, best practices, and other valuable tools.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Everything You Need to Know About Last Week’s PPP Changes

Everything You Need to Know About Last Week’s PPP Changes

June 10, 2020

Since the Paycheck Protection Program (PPP) application process opened on April 3, 2020, a lot has changed. Most recently, on June 5, President Trump signed into law, the PPP Flexibility Act. In this episode, Paychex Compliance Analyst, Connor Mykins, talks with Gene Marks about the complexities around the PPP and what has changed with this most recent act. Listen as he discusses everything from the extension of the forgiveness period, the new percentage requirements for eligible expenses, what qualifies for acceptable nonpayroll costs, guidance on restoring headcount, and much more.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Why CPA.com’s Erik Asgeirsson Thinks the Paycheck Protection Program Has Been a Success

Why CPA.com’s Erik Asgeirsson Thinks the Paycheck Protection Program Has Been a Success

June 8, 2020

Signed into law by President Trump on June 5, 2020, the Paycheck Protection Program (PPP) Flexibility Act provides business owners with greater freedom for when and how loan funds must be spent. This new act increases the time borrowers have to spend their loan and reduces the percentage of the loan that must be spent on payroll. Listen in as CEO of CPA.com, Erik Asgeirsson, talks with Gene Marks about these new changes, as well as how this will positively impact businesses as they begin to reopen, how the PPP should be looked at as more of a grant program than a loan program, when you should start thinking about the forgiveness application, and his thoughts on the success of the PPP.  Visit Paychex WORX to learn more about the PPP Flexibility Act.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

For Small Businesses the Focus is on Customer Relationships Post COVID-19

For Small Businesses the Focus is on Customer Relationships Post COVID-19

June 5, 2020

As businesses begin to reopen, a legitimate concern for many owners is having enough customers to keep their businesses going into the future. Alice Bredin, founder of the market research company Bredin, says that the key to this potential problem is for businesses to get into the mindset of their customers – find out what they are worried about, come up with plans to help ease their minds, and get the word out to your previous customers and any possible new prospects. Listen as Alice shares the findings from the most recent Paychex COVID-19 snap poll with Gene Marks and explains what the data is telling us about how business owner concerns, how they are working to get people in the door, what they have learned over the past few weeks about efficiency, and how they plan to prepare themselves for a possible second wave of the coronavirus. Click here to find out more about the findings from the latest COVID-19 snap poll.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

IFA CEO Talks His Experience on the President’s Council for Reopening

IFA CEO Talks His Experience on the President’s Council for Reopening

June 4, 2020

Reopening businesses in the wake of the coronavirus pandemic is not an easy task. In fact, in order to provide direction to businesses on this, President Trump put together several Great American Economic Revival Industry Groups, made up of executives, economists, and industry leaders. Robert Cresanti, President and CEO of the International Franchise Association (IFA) was one of the industry leaders who was asked to help come up with a blueprint to guide businesses as they look to get up and running. Listen in as Gene Marks talks with Robert about some of the key takeaways, including how the CDC, OSHA, state, and local recommendations and regulations impacted the blueprint; what businesses should consider in terms of health and safety; and how the document will evolve as time goes on.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

CDC and OSHA Guidelines Provide Starting Point as Businesses Reopen

CDC and OSHA Guidelines Provide Starting Point as Businesses Reopen

June 3, 2020

As businesses across the U.S. begin to reopen, there are a lot of rules and regulations that they need to be aware of to ensure they stay compliant. The Occupational Safety and Health Administration (OSHA), the Centers for Disease Control and Prevention (CDC), as well as the state and local governments have laid out guidelines that business owners need to be sure to educate themselves about. Listen in as Paychex Compliance Analyst, Rachel Dowling, talks with Gene Marks about everything from social distancing and temperature and health checks, to creating new health and safety protocols and guidelines vary by state and industry. 

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

Alice Bredin Talks Optimism of Small Business Owners Amidst COVID-19

Alice Bredin Talks Optimism of Small Business Owners Amidst COVID-19

June 1, 2020

Optimism. With the current coronavirus pandemic, it’s hard to believe that any business, especially a small business, could use that word to describe how they are feeling about the future. But according to Alice Bredin, founder of the market research company Bredin, that’s exactly the outlook small business owners have as they begin the road to recovery. Listen in as Alice talks with Gene Marks about the findings of the most recent Paychex COVID-19 snap poll which gives insight into what businesses are thinking about the future, industry and location trends, and the ways they are changing how they do business moving forward. Click here to learn more about the findings from the latest COVID-19 snap poll.

For more information regarding COVID-19 and your business, including workplace health, business continuity, payroll processes, health insurance, financial assistance, new legislation, and more, visit our Coronavirus (COVID-19) Help Center.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.