March 27, 2020
‘NEVER WASTE A CRISIS OPPORTUNITY TO EXPLOIT FEAR IN OTHERS’ mantra applies to now a dramatic increase in phishing scams by telephone and internet – “essentially an online con game, using spam, malicious websites, email & instant messages to trick... Continue
Weekly Report 20-16
March 24, 2020
ENTREPRENEURS WHO ARE MOST EFFECTIVE at maintaining optimal profitability with minimal risk typically utilize professional experts to focus on strategic direction — as distinct from the daily operational issues. In these stressful and economically challenging, remote-workforce days, it’s more important... Continue
Weekly Report 20-15
March 22, 2020
• 2019 FEDERAL & CALIFORNIA INCOME TAX FILINGS & PAYMENTS ARE NOW DEFERRED TO JULY 15, without interest or penalty, as result of IRS and Franchise Tax Board coronavirus response. • “THE ECONOMIC PANDEMIC WILL BE FAR MORE PAINFUL THAN... Continue
Weekly Report 20-14
March 20, 2020
MANUFACTURE OUTSOURCING TO CHINA has provided Americans with substantially cheaper products, but comes with some negative trade-offs. Beyond the current COVID-19 problem, imports have included: Other viral epidemics – H1N1, bird flu & SARS; toothpaste made with poison found in... Continue
Weekly Report 20-13
March 18, 2020
Re RISK ASSESSMENT FROM CORONAVIRUS IMPACT ON INSURANCE POLICIES: While government Emergency financial support is being developed, be aware that standard contract clauses address the scope of business interruption, supply chain disruption & other applicable insurance benefits. ‘Force Majeure’ clauses... Continue