Sales and marketing, Small business

CARES Act and Small Business Loans, Grants: Resources to Know

: MJ Shoer
Author: MJ Shoer

Information about the CARES Act is coming out daily. There are a tremendous amount of resources available online to help. The following links represent what I believe are the best currently available resources to help MSPs and SMBs understand the CARES Act and what relief provisions may be available to you.

If you know of additional resources worth sharing, please let me know and I will update this post. Good luck, stay safe and stay healthy!

ASCII Group: If you are a member of The ASCII Group, be sure to register for this webinar on Wednesday, April 1st: Don't Get Fooled - What MSPs Need to Know About the CARES Stimulus Act.

Guest speaker Rayanne Buchianico of ABC Solutions spent the past weekend reading and summarizing the CARES Act. She has really gone above and beyond putting together a totally selfless benefit for the Community.

Rayanne Buchianico

More Details From Rayanne Buchianico: Speaking of Rayanne (above), here are her extensive notes summarizing the CARES Act: CARES Act Summary Notes.

She has also made available Excel workbooks that outline whether of not you may be eligible for the individual rebate and a comparison of the Economic Injury Disaster Loan vs. the Paycheck Protection Program. Rayanne also pubished a great blog post on developing a strategy to use the CARES Act effectively.

Thank you for these excellent resources Rayanne!

CompTIA 150x50

CompTIA: The organization's Advocacy team has published a PDF comprehensive review of the CARES Act. Here's CompTIA's Summary of $2 Trillion Stimulus Package.

Small Business Administration: The SBA maintains the following page with the latest information about CARES Act and other financial resources for small businesses: Coronavirus (COVID-19): Small Business Guidance & Loan Resources

Forbes: The CARES Act Has Passed: Here Are The Highlights

Larry Walsh

The 2112 Group: Larry Walsh and his team at the 2112 Group have put together this excellent resource. While primarily focused on Channel Vendors, there is a lot of good information here for all. Here's the Strategic Planning for Beyond the Curve.

Verne Harnish

Business Coach Verne Harnish:  Advice from Harnish. Noted business coach Verne Harnish, founder of Gazelles and Scaling Up has published a PDF summary of the CARES Act provisions that most businesses will be able to use.

MJ Shoer is founder & principal consultant at MJ Shoer LLC., which offers consulting services for MSPs and Channel Organizations. He previously launched, built and sold one of New England’s most successful MSPs.