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

Is Perfectionism Killing Your Profitability?

We go into business with a desire to serve our clients and customers well.  We know that the quality of our services and products affects our brand and ultimately future sales.  But, if taken to the extreme, we can become perfectionistic in how we manage our businesses.  While some industries require perfection and have zero margin for error, most businesses don’t fall into this category. I have seen firsthand where […]

Read more