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The Amy Porterfield Show

#308c: The Stimulus Package: How to Take Advantage of $350B Earmarked for Small Businesses (COVID-19 Series) with Casey Graham

The Amy Porterfield Show

Amy Porterfield

Marketing, Entrepreneurship, Business

4.95K Ratings

🗓️ 31 March 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

Small businesses around the world are facing uncertainty, unemployment, and decisions they never thought possible. On top of that, they are having to learn and learn quickly about government relief solutions. From one small business owner to another, I understand what it’s like to feel lost in the confusion. Today’s show will break down, in layman's terms, the Stimulus Package for small businesses and how you can take advantage of it. My guest, Casey Graham, CEO of Gravy, is going to help me do that. You’ve probably heard me talk about Gravy before -- they do our customer retention and failed payment recovery, which is so important, especially during times like these. Casey has been in the online business world through two crises now and has a unique perspective and understanding of how to survive a crisis as a small business owner. Here’s a little sneak peek of what we talked about in this episode: Why online business and online learning is emerging as a giant leader right now, and why understanding the Stimulus Package is extremely important. What The CARES Act is and what it means for small and online businesses. Why the government is leaning on small business owners to help save America during this time. Understanding if this bill is right for you, if you’re eligible, and how you can take advantage of it. Everything you need to know about this bill top to bottom -- from loan amount to loan forgiveness to accessing this bill and everything in between. Casey even has a value-packed website full of resources to support you and all small and online businesses right now. Head here to check it out! I know you’re going to find this episode insightful and extremely helpful. Click here to listen! A note: this episode is about the United States $2 trillion Stimulus bill passed in response to the coronavirus pandemic. This stimulus package is specific to our U.S. audience. Rate, Review, & Subscribe on Apple Podcasts ‘I love Amy and Online Marketing Made Easy.’ <-- If that sounds like you, please consider rating and reviewing my show! This helps me support more people -- just like you -- move toward the online life and business that they desire. Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, subscribe to the podcast. I’m adding a bunch of bonus episodes to the feed and, if you’re not subscribed, there’s a good chance you’ll miss out. Subscribe now!

Transcript

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0:00.0

Just recently, an $883 page, $2 trillion stimulus bill was passed in response to the coronavirus

0:07.8

pandemic.

0:09.3

What you might not know is that $350 billion of that stimulus package was earmarked for

0:16.4

small businesses.

0:18.2

In this episode, we are going to explore if you and your business are a good fit for receiving

0:25.2

funds from the stimulus package.

0:28.0

You might be surprised with that answer.

0:30.6

In addition, we're going to break down all the details, who's right for it, how to get

0:35.2

the money, how to apply, how fast you can get the money, is it alone?

0:39.7

Do you need to give it back?

0:40.9

We're going to explore all of that in this episode.

0:45.1

Because right now, we want to be educated on what are our opportunities and the possibilities

0:51.9

to not only continue our businesses during these uncertain times, but to thrive and make

0:58.0

sure we protect ourselves, our employees, our contractors, and our business as a whole.

1:04.2

So we're going to break down the entire stimulus package as it relates to small business

1:09.2

owners in this episode.

1:14.7

I'm Amy Porterfield.

1:16.2

X Corporate Girl turned CEO of a multi-million dollar business.

1:20.2

It wasn't all that long ago that I lacked the confidence, money, and time to focus on

1:24.9

growing my small but mighty business.

1:27.6

Fast forward, fast many failed attempts in lessons learned, and you'll see the business

1:31.6

I have today, one that changes lives and gives me more freedom than I ever thought possible,

...

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