In the past six months, all of our lives have changed. A year ago could you have imagined needing to wear a mask when you go outside? Could you imagine not being able to visit your family or go on a vacation? It is safe to say that really none of us could imagine the new ways […]
Category Archives: Help
23
Sep
Sep
Do you ever feel like holding onto cash in your business is like trying to hold sand in your hands? If so, you are far from alone. Cash is a big concern for many people. The good news is there are steps you can take right now to take control of your cash. Focus on […]
25
Aug
Aug
You want to better understand where your business is heading with regard to cash, but you do not know where to start. While getting started with managing your cash flow can seem daunting, don’t let that deter you. Starting down this path will help you know whether you can purchase new equipment, hire a new […]
11
Aug
Aug
You work hard and your business is stable and growing, but in these uncertain times, it feels like no business is safe. Forecasting helps alleviate anxieties about the future security of your business. Our founder, Cindy Hovig, recently gave an interview on forecasting and how small business owners can benefit. Understanding Forecasting Jess: What exactly is forecasting? […]
29
Jul
Jul
You worry sometimes about whether you have enough cash in the bank to cover an upcoming expense. You know you can cover this week or this month, but you want to know if your cash balance in the future will become an issue. At what point will you run out of cash? These concerns are […]
10
Jun
Jun
On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act (PPPFA). This law brings changes to the Paycheck Protection Program (PPP) that PPP loan borrowers should be aware of. PPPFA changes the amount of funds to be spent on payroll to 60% The PPFA reduces the amount of the loan […]
12
May
May
During these challenging times, why even try to tackle a budget? It may sound strange but having a budget contributes to your peace of mind. With so many unknowns, creating a budget can help you feel more grounded and aware of what your financial situation actually is. Essentially when you create a budget you are […]
30
Apr
Apr
Congratulations, you got a Paycheck Protection Program (PPP) loan! As you have probably heard, not all small businesses have had success applying for or getting approval for this type of economic relief. So take a moment to enjoy the fact that you did receive funding. Now that you have received your funding, what is the […]
22
Apr
Apr
In a previous blog, we outlined a provision from the IRS to offer employers Payroll Tax Deferments as part of the Coronavirus Aid, Relief and Economic Security Act (CARES Act). Another recent provision made available through the IRS is the Employee Retention Credit. Here we will discuss the particulars on this type of relief. What […]
20
Apr
Apr
In 2020 and 2021, many small businesses took advantage of the Paycheck Protection Program (PPP) authorized by the CARES Act. Some of our clients received PPP funding. However, many businesses ran into problems with the application process. PPP loan funding has since closed. Many businesses are still in need of assistance. Perhaps you have asked: […]