What is the Paycheck Protection Program (PPP)? The PPP is part of the $2.2 CARES Act signed into law recently. The PPP will provide 100% federally guaranteed loans to small businesses. More significantly, these loans may be forgiven if the borrower maintains payroll levels during the pandemic. Who qualifies? Businesses and 501c(3) not for profits …
Read moreLife changed. For me it was last Thursday when it finally registered. Uncertainty and fear now stalk the country. They lodge inside the brain of the small business owner. I know because they’re in my head as well. During the past week, I’ve had rough conversations with clients: “Two thirds of my revenue just vanished. …
Read moreBarry, owner of an electrical contracting business, was frowning at the reports on his desk. His eyes narrowed as he looked up at me. “When we talked a week ago, you told me last month’s income was the best month of the year so far,” he said. “But when I run the reports, it looks …
Read moreLauren glanced up from her paper-strewn desk. Her forehead was furrowed, and her lips were pulled into a thin line. I’ve seen this look a lot on small business owners. Her digital marketing firm was six years old, and she had 12 employees. The company was doing well. But… It Was Time for Me to …
Read moreIf you’re like most small business owners, you’re so busy running your company that the lines between bookkeeper and chief financial officer get blurred. A lot of times that’s because you or one of your people are responsible for both roles. Business leaders often ask me why they need one or the other—or both. My …
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