Monthly Archives

March 2020

The CARES Act Opens Floodgates to Free Money for Businesses

The CARES Act Opens Floodgates to Free Money for Businesses

By Business Advice

The CARES Act has opened the floodgates to free money for busineses  Below are the basic details of loans available to businesses.  They are incredible unless regulations apply limits: This new law lets any business borrow 2.5 months of payroll, benefits, interest on loans and lease payments. The loan is made through a bank that is an SBA approved lender and is guaranteed by the SBA. Loan Is nonrecourse to the borrower. The loan is forgiven if you don’t cut…

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person at desk

Key Questions to Ask When Looking for the Right Accountant for Your Business

By Business Advice

As a small business owner, you may be tempted to do as much as possible on your own, but you’ll soon find that this isn’t sustainable. Further, you likely didn’t go into business to read legal documents, stare at numbers, or fix technical issues, so it makes sense to get some specialized support.  While you’re doing what you do best, insurance agents, attorneys, IT specialists, and accountants can work behind the scenes to ensure that your business remains a well-oiled…

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separating finances

Why You Should Separate Personal and Business Finances

By Business Advice

A lot goes into owning and operating a small business. It’s for those who dream, yes, but it’s not for the faint of heart. Among the many necessary business functions are the production of goods or services, marketing, sales, human resources, and accounting. Each of these has a connection to finances and there are two key truths about finances. First, you can’t be casual with finances. And second, personal and business finances, like oil and water, don’t mix well. To…

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