Below is a collection of resources for you and your salon during this worldwide crisis. Click on the links below to download the following .docx documents. You can view them without downloading below.
Paycheck Protection Program Loan Forgiveness Application Process.pdf
Paycheck Protection Program Calculator
COVID-19 Support Information
Below are some steps to take to be proactive due to this unprecedented situation that we face. Now is the time to act. Please contact us with further questions as you need!
- Recommend to your team that they contact any creditors they owe money to and claim economic hardship and ask for relief on payments
- Have them take all bills off auto payment to control cash
- Unemployment Insurance (See other template for more detailed information)
- Contact your business insurance and see what they can offer you to provide support you with any emergency relief assistance
- Go to http://www.sba.gov and look into a small business disaster relief loan due to Covid-19. You can also call them at 1-800-659-2955 or email them at email@example.com They offer loans and also have 68 district offices nationwide to provide support and counseling on disaster preparedness.
- IRS has pushed it’s filing date from April 15th to July 15th. If you are on a payment plan you may qualify for a one-month break in payment. Call 1-800-829-8374
- LIHEAP: Offers support and funds to cover utilities https://www.acf.hhs.gov/ocs/programs/liheap/about
- United Way COVID 19 Community Economic Relief Fund: Call 1-866-211-9966. They will help with bills, rent and food. Call the number and provide a zip code and you will be given a list of local agencies to aid
- Families First Coronavirus Response Act (H.R.601) A bill that offers companies to give team members paid sick leave up to 10 days based on the average daily wages of the employee. Self employed people can also qualify. https://www.probeauty.org/docs/default-source/coronavirus-documents/familiesfirstcoronavirusresponseact.pdf?sfvrsn=60058ca9_2
- Reach out to your credit card processing company to see if they offer loans based on transaction volume
- As an owner, if you pay yourself a paycheck then you may be able to apply for unemployment
- Contact your landlord where your business is located and see what relief they can give you on rent payments.
- Communicate to clients that they are welcome to buy gift cards for upcoming services or pay in advance to help a stylist in need. Even if they buy multiple visit at 25% off it puts cash in your hands and your teams. If you do, keep detailed track of who they are so you can pay the commission to the correct team member
- Offer curbside pickup for retail products at 10% off
Stay updated on the following legislation and petitions:
- Families First Coronavirus Response Act (H.R.601). A bill put forth in the house to provide relief and support to families effected economically due to business shutdown from this outbreak.
- PBA FICA Tip Relief. A bill providing support to salons to get relief on paying excessive payroll tax.
- Covid 19 Petiton for Federal Aid through Change.Org. Over 880,000 signatures and counting
COVID-19 Stateside Overview
Coronavirus Salon Support Steps
Below are some steps to take to be proactive and stay busy during this hiatus:
- Clean that office! Purge your files and computer folders
- Storage / Stock Areas: clean, re-organize
- Do a physical hand count of all inventory and audit these amounts with your software
- Update or create new systems for front desk or any policies that are needed
- Update your website
- Shoot video tips that you post and share with your followers and your clients (How to
cover your grey, how to tutorials for kids to have fun such as how to do a zigzag part,
how to braid, have a video to help single Dad’s to teach them how to do hair for their
kids, videos on how to use different products) This can drive people to you and stay
engaged with you. You don’t want to go dark during this time.
- Get your finances in order and your budget updated
- Make a list of online education resources and offer them to your team
- Get every technician a mannequin head and tripod as you have on stock to take home
and keep practicing
- Create daily practices to keep you grounded (yoga, exercise, meditation, reading, etc)
- Re-connect with friends and have conversations
- Stay away from the news cycle as much as you can
- Take a nap
- Create a new diet for yourself to focus on health
UNEMPLOYMENT INSURANCE FLEXIBILITIES:
Check with your state’s unemployment insurance program regarding the rules in your state.
The link below provides redirects to state-specific details.
The Employment and Training Administration announced new guidance outlining state flexibilities in administering their unemployment insurance programs to assist Americans affected by the COVID-19 outbreak.
Under the guidance, federal law permits significant flexibility for states to amend their laws to provide unemployment insurance benefits in multiple scenarios related to COVID-19. For example, federal law allows states to pay benefits where:
• An employer temporarily ceases operations due to COVID-19, preventing employees from coming to work
• An individual is quarantined with the expectation of returning to work after the quarantine is over
• An individual leaves employment due to a risk of exposure or infection or to care for a family member.
In addition, federal law does not require an employee to quit in order to receive benefits due to the impact of COVID-19.