Jun 11, 2020
california contractor insurance, commercial general liability insurance, construction news, small business news
Brief: Borrowers only have to use 60% of their loan funds for payroll costs under changes the federal government made to the Paycheck Protection Program (PPP) on Friday. Previously, the program required borrowers to use 75% of the funds on payroll, a requirement borrowers said was too restrictive. For many businesses impacted by mandatory stay-at-home orders, the […]
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Jun 11, 2020
california contractor insurance, commercial general liability insurance, construction news, small business news
Brief: The construction industry added 464,000 net new jobs in May, the largest monthly increase in construction jobs since the government began tracking employment in 1939 and a drastic improvement from April, which recorded the industry’s largest month-over-month job loss. While nonresidential construction employment lost more than 570,000 jobs on net in April, a total of […]
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Jun 04, 2020
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors, small business
It hasn’t been an easy ride for those applying for or administering Paycheck Protection Program loans since the program went into effect on April 15. A lightning-fast rollout, differing interpretations of the rules, a steady stream of updates, warnings to recipients about audits and penalties, and negative press about public companies that received money while […]
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May 14, 2020
california contractor insurance, commercial general liability insurance, entrepreneurial news, small business news
Let’s take a look at another way the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help your business. The new act eliminates some of the tax-revenue-generating provisions included in a previous tax law. With the rules for claiming certain tax losses being modified it can provide businesses with relief from the novel coronavirus […]
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Apr 30, 2020
california contractor insurance, commercial general liability insurance, construction news, entrepreneurial news, small business
“Every business is a startup in times like these, so you should focus on cash flow—not profits. The decisions you make today will have enormous ramifications for the future of your business. ” Thomas Ulbrich, Assistant Dean for Entrepreneurship and Social Innovation UB School of Management “Firms that have retained their employees will have a […]
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Apr 09, 2020
california contractor insurance, commercial general liability insurance, construction news, small business, small business news
The Congress is on the verge of bi-partisan approval of increasing the CARES Act PPP aid pool. Senate Majority Leader Mitch McConnell pressed ahead with his plan for a quick vote Thursday on a $250 billion boost in a small business aid program. McConnell has offered an amendment to the record $2.2 trillion pandemic response […]
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Apr 09, 2020
california contractor insurance, commercial general liability insurance, construction news, contractor news, small business news
SACRAMENTO – This week the Contractors State License Board (CSLB) launched two different options that will allow California’s more than 283,600 licensed contractors and almost 21,000 registered Home Improvement Salespersons (HIS) to either renew their license, or to pay for their license or registration renewal online via CSLB’s website. The following two options are […]
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Mar 31, 2020
california contractor insurance, commercial general liability insurance, construction news, entrepreneurial news, small business, small business news
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), third in a line of stimulus bills, has been approved by both houses of Congress and signed by the President. As details continue to emerge, Craft Guard Insurance Services wants to be sure our clients are aware of the immediate benefits provided by the CARES […]
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Mar 12, 2020
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors
Are dark kitchens the new white kitchens? Semihandmade If there is one way to describe the interior design trends we will see more of in 2020, it’s anything goes. While signature the looks of 2019 and the early aughts like accent walls and all-white kitchens won’t be going away entirely, they will certainly evolve in […]
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Mar 05, 2020
california contractor insurance, commercial general liability insurance, construction news, insurance for contractors
Most construction projects require a bit of digging and drilling into the ground. The earth has a way of burying treasure and history has plenty of uncovered mysteries. What many of us don’t realize is that construction workers can be uncovering history on any given day. So the next time you’re working, keep your eyes […]
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