SB 939 establishes, for all commercial tenants, a temporary moratorium on evictions for the duration of the COVID-19 related state of emergency, and a yearlong period in which to make up rental payments missed during that state of emergency. In addition, for "eating or drinking establishments, a place of entertainment, or a performance venue", that have been especially impacted by the public health protocols resulting from the COVID-19 pandemic the bill creates procedures for renegotiating or terminating existing leases that were based on pre-COVID-19 expectations.
Urge California Legislators to Oppose SB 939 - Click on the link below to send a message.
As we are entering a new evolution in restaurants which has only been accelerated by COVID, technology is going to continue to have a major impact on the future. Some of these tech advances are taking shape now and some are still in development, so it's critical to any restaurant operator to look at their business model holistically and evaluate how they can embrace the right tech to support their business.
As the country phases out of quarantine and faces the aftermath of Covid-19 restaurants are facing a new reality. They will need to look to new models and ways of doing business to survive into the future, which is an ongoing effort that requires constant readjustment.
On this episode of "The Future Is Now" we discuss the Paycheck Protection Program (PPP) and dig into the details on some of the top FAQ's issued by the SBA.
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SBA PPP (FAQs): https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf
SBA Franchise Directory: https://www.sba.gov/sites/default/files/2020-04/FrnchsTbl42020_UPLOAD.pdf
CARES Act: https://www.congress.gov/bill/116th-congress/senate-bill/3548/text?q=product+update
PPP Interim Final Rule: https://www.sba.gov/document/policy-guidance--ppp-interim-final-rule