350: The Small Business Stimulus Package, Simplified: How to Determine Your Eligibility and Claim Your Money

The Goal Digger Podcast

Jenna Kutcher | Entrepreneurship, Business Strategy & Marketing

Business, Marketing

4.8 • 12.3K Ratings

🗓️ 1 April 2020

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Last week, the US Government passed an unprecedented $2 trillion dollar stimulus bill in response to the economic impact of COVID-19. That’s a lot of zeros, and with 883-pages in the bill, there’s a lot of info to digest. I’m not sure we’ve ever done this, but we released this episode less than 24 hours after we recorded it, because we know how important this information will be for you and your small business.

Casey Graham is the Co-Founder and CEO of Gravy, the leading failed payment recovery and customer retention solution for companies with recurring revenue. But more than that, Casey is a champion for entrepreneurs, and when the stimulus package passed, he was quick to dive into what it meant for small businesses with CPA and advisory experts, so he could break it down and translate the language for us on the podcast today.

Casey will answer what a stimulus package is, what it means for small businesses, who qualifies, what you need to do to claim it, and all of the important nitty-gritty details broken down into one episode, because I know you’re not using your quarantine time to read all 883-pages of that bill.

Straight to the facts. Let’s talk about the $2 trillion dollar stimulus package and what it means for YOU.

DISCLAIMER: We are not accountants, lawyers, or government officials and information is subject to change. We are two small business owners and supporters sharing what we have learned through our own research.

GOAL DIGGER FB COMMUNITY: https://www.facebook.com/groups/goaldiggerpodcast/

GOAL DIGGER INSTAGRAM: https://www.instagram.com/goaldiggerpodcast/

GOAL DIGGER SHOWNOTES: https://jennakutcherblog.com/stimulus/

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Transcript

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0:00.0	We could take this money and cover approved expenses.
0:04.8	Portions of it can be forgiven and this is big.
0:07.3	It is stated as alone, but the forgivable portion is why we're on the show today, Frank
0:12.3	like it was just alone.
0:13.6	It's still good, but this is what makes it great.
0:16.4	Hey, my name is Jenna Kutcher and I am obsessed with all things business, marketing numbers
0:21.6	and helping you to navigate both the messy and the magical seasons of this thing called
0:25.9	life.
0:26.9	A small town mama who took a $300 camera, grew a successful photo biz and now I work
0:31.6	from home in Rema 7 figure online business.
0:34.1	I teach you the tried and true secrets to building a career you adore.
0:38.0	Shia away from the real talk?
0:39.6	No way.
0:40.6	Money, hardship, growth, loss and marketing are all topics we discuss here.
0:44.6	Think of this as your one stop shop for happy hour with a gal pal mixed with business
0:48.5	school.
0:49.5	Pull up a seat, make sure you're cozy and get ready to be challenged and encouraged
0:52.8	while you learn.
0:54.0	This is the Gold Digger Podcast.
0:56.9	Last week, the US government passed an unprecedented $2 trillion stimulus bill in response
1:02.4	to the economic impact of COVID-19.
1:05.5	That's a lot of zeros and with 883 pages inside of the bill, there's a lot of info to digest.
	...

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