COVID-19 Industry Updates

    PODCAST: Changes in Entertainment Market Research

    The Movie Business Podcast Series with hosts Ilan Haimoff, partner at Green Hasson Janks, and Jason E. Squire, professor at USC School of Cinematic Arts and editor of The Movie Business Book Fourth Edition, has on guest panelist Kevin Goetz, founder and CEO of Screen Engine/ASI LLC (one of the [...]

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      Royalty Audits in a Post-Covid-19 World

      Managing a licensing office in a post-COVID-19 world presents unprecedented challenges. While there are numerous issues confronting licensing offices, there are several potential responses and strategies to help mitigate the damaging effects while still maximizing licensing revenue and interactions [...]

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        Dealing with a Pandemic: Leading Through Crisis

        Tom Barry’s new blog series, “OWNING the New Normal: Innovators creating the way forward,” will focus on business leaders exploring the current and evolving business environment. The discussion will revolve around recognizing that leaders must innovate and pivot to “own” the future and move [...]

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          Reengineering Audits with Remote Auditing

          One would be hard pressed to find one business that has not been affected by the COVID-19 pandemic. While several businesses have felt challenged in having to operate under constraints that were beyond what they could effectively manage, there were many other businesses that were able to pivot [...]

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            Transactions Outlook 2020: Mid-Year Review

            Originally published in HLB Insights The outbreak of COVID-19 has brought unprecedented challenges to the global economy, pausing much of the activity across the world. After a long spell of record-high M&A activity over the past decade, deal-making was brought to a screeching halt as the [...]

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              LABJ 2020 Food and Beverage Industry Roundtable

              Originally published in the Los Angeles Business Journal. The food and beverage industry as a whole is unique in many ways — and here in Los Angeles, where we have some of the best dining and food-for-purchase options in the nation, there’s perhaps an even more finely tuned set of rules for [...]

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                Hiring Best Practices During COVID-19

                COVID-19 has shifted many industry sectors of the workforce. For companies that are able, social distancing measures have made remote work the new norm. Employees are transforming homes into workspaces, often simultaneously managing childcare and personal obligations. Businesses are facing [...]

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                  Securing Capital in a Post-Pandemic Environment

                  In the wake of the COVID-19 stay-at-home orders, business owners should examine their company’s liquidity position and assure availability of staying power, whether or not there are additional waves of shutdowns. In this environment, it is critical to have sufficient liquidity to be both offensive [...]

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                    The New Normal and New Approach

                    Originally published in Los Angeles Business JournalThe COVID-19 pandemic has forced companies to re-invent themselves in the short term. For many, the priority has been to weather the economic fallout by maintaining adequate cash flow and ensuring overall liquidity, all while keeping their [...]

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                      WEBINAR: Post-pandemic Readiness

                      Are you ready for the challenges of the post-pandemic world? GHJ's Managing Partner Tom Barry will be speaking with fellow HLB Leaders Jim Bourke and Andre Bueno during HLB's webinar on Monday, June 29. Register now to hear them discuss the five strategic priorities for business leaders to succeed [...]

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                        Cash Flow Forecasting During COVID-19

                        The COVID-19 pandemic is as unprecedented medically as it is financially. Never before has there been a period in which all business have had to collectively look at their liquidity and assess the short-term future in such a critical manner. Such situations are typically reserved for discrete [...]

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                          Forgiveness Guidance – Key Details

                          On May 15, 2020 the SBA released the Loan Forgiveness Application Instructions for Borrowers, which included the much awaited guidance on various forgiveness questions, and also left some unanswered questions. This blog will summarize the major points raised by the document and the practical impact [...]

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                            Main Street Lending Program Details Announced

                            On April 30, the Federal Reserve announced long-awaited details to the Main Street lending programs. There are significant updates to the original Term Sheet announced on April 9. The Announcement There are now three programs available to borrowers, and GHJ highlights the two newly announced [...]

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                              Changes in the Food and Beverage Industry

                              COVID-19 is having a profound effect on the business world. While it is still unclear exactly how lasting and impactful those changes will be, it is certain they will be significant for some industries more than for others. Recent quarantines in many states have forced people to stay home, which [...]

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                                CARES Act Loan Program Funding Update

                                President Trump has today (April 24, 2020) signed the Amendment (passed last evening by Congress), which will provide $484 billion in additional funding to the Paycheck Protection Program (PPP) , the Economic Injury Disaster Loan (EIDL) program and several other new provisions. The Amendment [...]

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                                  COVID-19 Supplemental Funding to FQHCs

                                  Recently, Federally Qualified Health Centers (FQHCs) received two sets of supplemental funding released by the Health Resources and Services Administration (HRSA) in response to the COVID-19 pandemic: $1.32 billion in CARES Supplemental Funding (H8D), appropriated through the CARES Act of 2020, [...]

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                                    PPP Update on Qualification Eligibility

                                    As previously noted in GHJ’s COVID-19 Updates, GHJ expects additional guidance from the Small Business Administration (SBA) to allow applicants to re-assess their initial application in light of questions on PPP eligibility for certain borrowers. Today (April 23) the SBA provided guidance in [...]

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                                      Shifts in Consumer Behavior Amid COVID-19

                                      Consumers have all been met with empty shelves at grocery store over the past weeks as most states are under stay-at-home orders. Or the grocery store might have the product but not the brand a consumer would traditionally purchase. Availability and Price Factors Consumers in the current [...]

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                                        New $19 Billion Bailout for the Farming Industry

                                        In the CARES Act that was unveiled several weeks ago, there was a separate section that allotted close to $50 billion to the agricultural community. However, at the time of the issuance of the Act, there was relatively little information to how these funds were to be disbursed. That was until [...]

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                                          M&A Activity Amid COVID-19

                                          COVID-19 has created uncertainty and resulted in major economic changes, which has had a chilling effect on the economy, M&A deals and capital market transactions. Deals and financings (including IPOs) that were in process at the beginning of this year are now paused. Companies and investors are [...]

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                                            CARES Act Provisions to the USDA

                                            The $2-trillion Coronavirus Aid, Relief and Economic Security (CARES) Act, has been a saving grace during the COVID-19 era. Companies industry-wide are most aware of the CARES Act’s $350-billion apportionment to the U.S. Small Business Administration (SBA) for emergency loans. The SBA’s most [...]

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                                              Insurance Recovery in the Time of COVID-19

                                              In addition to the Paycheck Protection Program and other provisions of the CARES Act, many companies can potentially look to their commercial insurance policies for recovery from the damaging impacts of COVID-19. Business Interruption Insurance is often the first place a company looks to in times [...]

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                                                CARES Act Update: Main Street Lending Program

                                                This morning the Treasury began implementing the Main Street Lending Program for mid-sized companies. In another section of the CARES Act, the Main Street Lending Program, there will be $600 billion in new funds made available to borrowers. The original Act intended lending be made available to [...]

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                                                  Paycheck Protection Program off to a Rocky Start?

                                                  As we know, Friday, April 3, 2020 was the first day for small businesses to be able to apply for the Paycheck Protection Plan (PPP) with some big banks rocking and rolling and some others slow to get out of the blocks. Slow Start As of the morning of April 3, Bank of America was the only big [...]

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                                                    How Food Processors are Dealing with COVID-19

                                                    Food processing companies are considered essential businesses by most state governments and are currently permitted to stay open and continue to operate. But how are they dealing with COVID-19? Companies now need to comply with more stringent requirements and change their existing operating [...]

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                                                      Embracing Remote Working and Some Best Practices

                                                      As we move into uncharted waters in the wake of the COVID-19 pandemic, companies are embracing – without much of a choice – 100-percent remote working for employees. Remote working for Green Hasson Janks (GHJ) has become a large part of our company culture and a way for us to advocate and support [...]

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                                                        Navigating Disruption and Responding to COVID-19

                                                        Green Hasson Janks is closely monitoring COVID-19 and how it is impacting business at a local, regional, national and global level. The firm is fully operational and offering guidance to support and collaborate with our clients through this time of uncertainty. We have closed our physical office, [...]

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