“There are lots of things in the CARES Act — aka the Coronavirus Aid, Relief, and Economic Security Act — that are nice. Checks to Americans are nice. Forgivable loans are nice. Tax breaks are nice.

But as not only someone who advises small businesses, but a small business owner myself, I can tell you that the CARES Act, while nice, isn’t going to provide the immediate relief small businesses need.”

 → Learn what small business owners can do now themselves to provide relief at Kiplinger.