What the Families First and CARES Acts Mean for Restaurateurs

3 Min Read By Mark McKee

The restaurant industry is facing unprecedented change and challenges in the face of COVID-19. Some forecasts predict industry losses of $225 billion and five-to-seven million jobs over the next three months. If you’re concerned about the viability of your business — or just taking care of your team — now is the time to seek relief.

Two new pieces of legislation can help. The Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act are both designed to help reduce the financial strain on America’s small businesses and take care of their employees.

Here’s a quick look at how these laws can help you and your employees weather COVID-19, plus several links to help you take action.

How the CARES Act Helps RestaurantsThe $2.2 trillion CARES Act offers wide-reaching regulations, loans, and grants designed to help small businesses and your employees as well as major corporations and individual taxpayers. Details of the CARES…