Episode 036 – Scott Stratton on the CARES Act for Music Teachers and Studio Owners

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Read the full transcript for this episode here.

Summary

Last week the U.S. Congress passed the largest economic relief bill in U.S. history and it has a lot to offer individuals and small businesses.

In today’s podcast, Scott Stratton, a financial advisor and a musician himself, breaks down the components of the CARES Act that impact music teachers and studio owners and tells us our next steps.

Resources

Paycheck Protection Program (PPP) Application

Employee Retention Credit

Unemployment Benefits Finder

Article: Paycheck Protection Program for Musicians

Coronavirus Deals & Discounts: musicstudiostartup.com/resources

Course: Vision & Values: A Studio Owner’s Guide to Finding Focus in a World Full of Options

Connect with Scott

Website: https://financeformusicians.com

Facebook: https://www.facebook.com/FinanceForMusicians

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Episode 035 – Rebecca and Caleb on FAQs
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Episode 037 – David Barnard on Music Co-Operatives in the UK