{"id":196252,"date":"2020-02-04T07:11:16","date_gmt":"2020-02-04T15:11:16","guid":{"rendered":"https:\/\/www.nationalfunding.com\/blog\/?p=196252"},"modified":"2023-11-01T08:52:15","modified_gmt":"2023-11-01T15:52:15","slug":"presidents-day-paid-holiday","status":"publish","type":"post","link":"https:\/\/www.nationalfunding.com\/blog\/presidents-day-paid-holiday\/","title":{"rendered":"Is Presidents Day a Paid Holiday for Small Business Employees?"},"content":{"rendered":"<p>Is Presidents Day a paid holiday for your employees? It depends on your small business industry. Most banks and financial institutions close for Presidents Day, which falls on the third Monday in February. Retail stores, salons, restaurants and other local businesses usually remain open, with employees expected to work.<\/p>\n<h2>Why Small Businesses Remain Open<\/h2>\n<p>Presidents Day can be a very busy day for small businesses. Because so many workplaces close for the day, many people are free to go shopping, dine out and visit small businesses such as salons, auto repair shops and entertainment venues. As a result, most small businesses don&#8217;t give their employees the day off because they&#8217;re needed to <a href=\"https:\/\/www.nationalfunding.com\/blog\/seasonal-business-peak-season-prep\/\" target=\"_blank\" rel=\"noopener noreferrer\">manage the potential holiday rush<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Female mechanic working on car\" src=\"https:\/\/www.nationalfunding.com\/blog\/wp-content\/uploads\/2020\/02\/femalemechanicworkingonc_766936.jpg\" alt=\"Female mechanic works on Presidents Day, not a paid holiday for small businesses\" width=\"500\" height=\"334\" \/><\/p>\n<h2>What&#8217;s Closed on Presidents Day?<\/h2>\n<p>Although Presidents Day isn&#8217;t usually included in the list of small business employee holidays, a number of workers in other industries take the day as a paid holiday. According to <a href=\"https:\/\/time.com\/5525365\/whats-open-and-closed-on-presidents-day\/\" target=\"_blank\" rel=\"noopener noreferrer\">TIME<\/a>, the workplaces that are always closed on Presidents Day include:<\/p>\n<ul>\n<li>Banks<\/li>\n<li>Post offices<\/li>\n<li>Government offices<\/li>\n<li>The stock market and related financial firms<\/li>\n<li>Public schools and universities<\/li>\n<\/ul>\n<p>In other types of workplaces, the leadership team makes the decision about whether to remain open or take a day off. If a business doesn&#8217;t necessarily benefit from increased foot traffic \u2014 like small factories and construction companies \u2014 they may choose to join others who are taking the holiday off.<\/p>\n<p>So is Presidents Day a paid holiday for small businesses? It comes down to your business goals. Staying open could just make good business sense, offering the perfect opportunity to host a special event or offer a discount, driving more sales. But if you&#8217;re staying open because you feel like you can&#8217;t afford to lose a day of sales for cash flow&#8217;s sake, a <a href=\"https:\/\/www.nationalfunding.com\/solutions\/working-capital-loans\/\" target=\"_blank\" rel=\"noopener noreferrer\">working capital loan<\/a> may give you some breathing room.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is Presidents Day a paid holiday? Not for most small businesses: Retail stores, salons, restaurants and other local businesses usually remain open.<\/p>\n","protected":false},"author":12,"featured_media":196250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[110,108,101,114,107,100,90],"class_list":["post-196252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-taxes-regulations","tag-auto-repair-shops","tag-beauty-wellness","tag-construction","tag-managing-your-cash-flow","tag-restaurants-hospitality","tag-retail","tag-small-business-resources"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is Presidents Day a Paid Holiday for Small Business Staff?<\/title>\n<meta name=\"description\" content=\"Is Presidents Day a paid holiday? Not for most small businesses: Retail stores, salons, restaurants and other local businesses usually remain open.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nationalfunding.com\/blog\/presidents-day-paid-holiday\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Presidents Day a Paid Holiday for Small Business Staff?\" \/>\n<meta property=\"og:description\" content=\"Is Presidents Day a paid holiday? Not for most small businesses: Retail stores, salons, restaurants and other local businesses usually remain open.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.nationalfunding.com\/blog\/blog\/wp-json\/wp\/v2\/posts\/196252\" \/>\n<meta property=\"og:site_name\" content=\"The Bottom Line by National Funding\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/national.funding\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-04T15:11:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-01T15:52:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/live-nationalfunding.pantheonsite.io\/wp-content\/uploads\/2020\/02\/womanworkingincoffeeshop_766930-e1580829045235.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1439\" \/>\n\t<meta property=\"og:image:height\" content=\"558\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nancy Mann Jackson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@NationalFunding\" \/>\n<meta name=\"twitter:site\" content=\"@NationalFunding\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nancy Mann Jackson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/presidents-day-paid-holiday\/\",\"url\":\"https:\/\/www.nationalfunding.com\/blog\/presidents-day-paid-holiday\/\",\"name\":\"Is Presidents Day a Paid Holiday for Small Business Staff?\",\"isPartOf\":{\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/presidents-day-paid-holiday\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/presidents-day-paid-holiday\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.nationalfunding.com\/wp-content\/uploads\/2020\/02\/womanworkingincoffeeshop_766930-e1580829045235.jpg\",\"datePublished\":\"2020-02-04T15:11:16+00:00\",\"dateModified\":\"2023-11-01T15:52:15+00:00\",\"author\":{\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/#\/schema\/person\/ab47ea0172b062f504d67743a44f23fa\"},\"description\":\"Is Presidents Day a paid holiday? 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