Management Buzz 4/04
Covering expenses for employees on active duty, calculating employee loyalty and more
Duty Calls
Business operations don't have to go AWOL when a key employee is called to active duty in the military.
Through the SBA, businesses can get Military Reservist Economic Injury Disaster Loans to cover the cost of hiring skilled temporary workers or consultants to carry the load of a reservist employee who has been called to the front. The loans are typically approved within days, and interest rates don't top 4 percent, says the SBA's Carol Chastang. Entrepreneurs can borrow up to $1.5 million under the loan.
Continue reading this article - and everything on Entrepreneur!
We make some of our best content available to Entrepreneur subscribers only. Become a subscriber for just $5 to get an ad-free experience, exclusive access to premium content like this, and unlock special discounts.
Entrepreneur Editors' Picks
-
Kale Was a Garnish Before This Creative Genius Made It Famous. Here's How She Did It — and What She's Planning Next.
-
Telling Your Brand Story Is Crucial. 4 Steps to Ensure That It Resonates.
-
This Baker Was Told Not to Speak Spanish With Colleagues, So She Started Her Own Cake Company That Values Employees Just as Much as Customers
-
Improving Yourself Takes 9.6 Minutes of Work Each Day
-
Meet the Women Behind Some of McDonald's Most Iconic (and Essential) Ingredients — and How They're Setting New Standards
-
Remote Work Shouldn't Be Up for Debate
-
Employees Are Over Foosball Tables and Free Snacks. Your Company Culture Needs This Instead.
