Day: January 5, 2021

Covid Relief Gives You Something to Whet Your Appetite

7 min read

Opinions expressed by Entrepreneur contributors are their own.

Now that President Trump signed the new Covid relief bill during the holiday break, it’s not surprising to see that everyone is focused on the provisions for the , unemployment benefits and stimulus checks. However, it’s important to take notice of a hidden gem in the 5,500-page legislation that will undoubtedly help every owner in , no matter what their situation may be.

That little gem is the dining write-off, otherwise known as the business-meals deduction.

Yes, had countless problems to solve due to the pandemic, but one that was obvious to everyone was the severely impacted, if not decimated, industry. So politicians, in their infinite wisdom, decided that the best way to get more business for restaurants was to dish out a bigger incentive for business owners

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How board directors can advance racial justice

In 1977, Rev. Leon Sullivan, an American Baptist minister, civil rights leader, and corporate board director, created a set of guidelines to engage U.S. corporations in resisting and eliminating legalized systemic racism under apartheid in South Africa. Known as the Sullivan Principles, these guidelines urged company leaders to promote racial integration in company facilities; equal pay for equal work; the advancement of more Black and “nonwhite” employees to supervisory positions; improved housing, schooling, and recreation and health facilities for all employees; and other targeted measures.

More than 40 years later, we are witnessing a similar call to action. The killings of multiple Black Americans by police and the disproportionately negative effects of COVID-19 on Black and brown communities have heightened social consciousness, spawned worldwide protests, and catapulted strategies to end systemic racism to the forefront of corporate agendas. There is growing recognition of the need to transform this moment

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