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The Small Business Administration is working with the local government on an Economic Disaster Loan Program for small businesses and non-profit organizations that are negatively impacted by COVID-19. We are entering a new era, and many small businesses are suffering as a result. You are not alone!
By making it a priority for CFOs to find their timely replacement, performance and morale won’t take a direct hit when a new leader takes over. The CFO’s leadership can be considered critical in company guidance. Listen to employees. The more transparent a company is, the easier it is for employees to plan their future accordingly.
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That said, it is my experience with markets that has also made me skeptical about the over selling of both notions, since we have an entire branch of finance (behavioral finance/economics) that has developed to explain how more data does not always lead to better decisions and why crowds can often be collectively wrong.
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