The word “audit” can send chills down almost anyone’s spine. For small business owners, this scary prospect not only involves emotional stress, but … Read more about Audit Vulnerability for Small Businesses
COVID-19 Vaccinations and Your Workplace
The federal government has told us that the more…and more quickly…people get COVID-19 vaccines, the faster the pandemic will disappear because of herd … Read more about COVID-19 Vaccinations and Your Workplace
Year-End Bonuses for a Year Like No Other
It’s been reported that about 66% of all businesses plan to give year-end bonuses in 2020. But is this true for small businesses? Many have closed; … Read more about Year-End Bonuses for a Year Like No Other
When Is It Time to Close a Business?
According to TrackTheRecovery.org, the number of small businesses that were open on November 16, 2020, as compared with January 1, 2020, decreased by … Read more about When Is It Time to Close a Business?
Holiday Sales Checklist
With the holiday shopping season underway (e.g., October 10 according to BRG, and Amazon Prime Day on October 13), small businesses should be sure to … Read more about Holiday Sales Checklist
Profile of Small Business in 2020
The SBA’s Office of Advocacy has profiles of each state’s small businesses. The profiles report on the number of small businesses in each state, the … Read more about Profile of Small Business in 2020
Can Small Businesses Make a Come Back?
Thousands of small businesses have been seriously impacted by the pandemic. It’s been reported that more than 100,000 small businesses closed … Read more about Can Small Businesses Make a Come Back?
Favorable Changes to PPP Loans
On June 3, the Senate by unanimous consent approved the Paycheck Protection Flexibility Act of 2020 that the House passed on May 28, 2020, with a vote … Read more about Favorable Changes to PPP Loans
5 Reasons Why Now Is a Great Time to Start a Business
Yes, we’re in a recession. Yes, we’re still under COVID-related restrictions on how businesses must operate. But despite these negative concerns, … Read more about 5 Reasons Why Now Is a Great Time to Start a Business
Paying Promptly: Aren’t We Legally and Morally Obligated?
Just about everyone—individuals and businesses—is struggling with cash flow. They just don’t have money on hand, which means it’s difficult if not … Read more about Paying Promptly: Aren’t We Legally and Morally Obligated?
How to Compassionately and Legally Break Promises to Your Staff
At the end of February 2020, the federal unemployment rate was 3.5%. At that time, business owners were looking for ways to attract and retain valued … Read more about How to Compassionately and Legally Break Promises to Your Staff
COVID-19 and Small Businesses: 5 Big Surprises
In just a couple of months, the small business landscape has dramatically changed, in some instances forever. The medical impact of COVID-19 continues … Read more about COVID-19 and Small Businesses: 5 Big Surprises
What to Know about Tax Losses Due to COVID-19
Many small businesses likely will have losses for 2020. After the COVID-19 subsides, there may be some bounce back in business, but it probably won’t … Read more about What to Know about Tax Losses Due to COVID-19
4 Steps to a Paycheck Protection Program Loan
The Paycheck Protection Program (PPP) allows small businesses to obtain loans that can be forgiven on a tax-free basis. There’s been tremendous … Read more about 4 Steps to a Paycheck Protection Program Loan
The CARES Act: What’s in It for You
This blog is solely focused on what the CARES Act provides for small businesses. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, … Read more about The CARES Act: What’s in It for You
