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Common Concerns for Business Owners in 2020

Common Concerns for Business Owners in 2020

Boca Raton residents love our small businesses – from restaurants to retail stores to event planners, and many more. In fact, last year, Boca Raton was considered the best place to start a small business in the U.S. However, there is no doubt that the Coronavirus pandemic has created new challenges for business owners across the United States, and Boca is no different. The following are some common concerns for business owners in 2020.

Contract fulfillment – The pandemic and economic crisis prevented many companies from fulfilling their contractual obligations, or from receiving what they should from other parties to a contract. Contract disputes can be costly, and you want the help of the right attorney to resolve the matter as effectively as possible.

Income loss – If your business had to close its doors temporarily, your company likely lost a significant amount of revenue. This makes it difficult to cover your regular expenses of the business, and can even put the entire company in jeopardy. Business interruption claims have thus far been challenging for most companies, so you should discuss your options for funding with a knowledgeable attorney.

Workforces – Many business owners find that their employees cannot come back to work due to childcare concerns, possible COVID-19 symptoms or exposure, or high risks of illness. This can cause many problems with your operations.

Reopening to customers – If your company reopened, you are likely looking forward to earning revenue again. However, every company must strictly abide by health guidelines to keep employees and customers safe.

Speak with a Business Lawyer in Boca Raton Today

The concerns for business owners continue in Boca Raton, and you want the right business attorney on your side. Call 561.220.0741 or contact us online to learn how the team at Rubino Findley, PLLC, can assist with your concerns.

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