Maximizing Cash Flow: What is AR?

Has your business ever had a shortage of cash?  You are not alone.  According to a 2019 study done by Intuit, 60% of small business owners say cash flow has been a problem in their businesses.  In this post-pandemic period we are in, I would not be surprised if that number were higher.        While there are some things about cash flow you can’t control, there is one area where you do have control.     What […]

Read more

Here’s What to Know about the Paycheck Protection Program

The PPP, or Paycheck Protection Program, ended on May 31, 2021.  If you received one, there are some things you need to know to ensure the process moving forward goes smoothly. First, the PPP is a U.S. Small Business Administration (SBA)- backed loan to assist businesses in keeping their workforce employed during COVID-19.  The loan was designed to provide incentives for small businesses to keep their workers on payroll. The […]

Read more

5 Small Business Grants You Should Know About

So, your business could benefit from some extra cash, right? That’s only normal. You may consider applying for loans, but have you used all your resources and checked for small business grants, first?   Grants are essentially free money, and there are plenty of federal and state agencies that offer them. To help your business thrive, here are 5 small business grants you should know about. 1. Shuttered Venue Operators […]

Read more

What is a Cash Flow Statement?

How do you determine if you’re running a successful business? Do you track the number of customers you have? Do you pay attention to reviews? Do you use an analytics tool to track your market share? Do you monitor your sales? Do you look at your bank account? Do you check your P&L Statement? All of these methods can help you see how your business is performing, but they’re only as […]

Read more

Understanding a W-9 and When It’s Necessary

Ask most savvy business owners or entrepreneurs anything about their industry, and they’ll likely be able to share everything you need to know, and then some. Ask those same folks what a W-9 or other tax form is, and the answer might not come so easily. No matter your industry or your business’ size, contracted help can be a huge resource. A W-9 makes that help possible. Here’s what you […]

Read more