Business Advice

The CARES Act Opens Floodgates to Free Money for Businesses

The CARES Act Opens Floodgates to Free Money for Businesses

These are the basic details of loans available to businesses.  They are unbelievable unless regulations put limits on these loans: Many details to come.  The original CARES act was 273 pages long, the bill as finally passed by the senate was 792 pages long.  Who knows what all is in this? SUMMARY of CARES ACT: https://www.sbia.org/wp-content/uploads/2020/03/Keeping-Americans-Employed-Section-by-Section.pdf

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Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning

Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning

Preparing Your Business for the Effects of the Coronavirus – Emergency Business Planning With the rapid onslaught of the Coronavirus already disrupting business operations in the U.S., there are three ways you can face the future: panic, do nothing, or plan. As we work with business owners through these tough times, we know the best

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signing papers

Ask These Four Questions Before Hiring a Financial Advisor

You have taken an important step towards securing your financial future by making the decision to hire a financial advisor. That’s the good news. The challenging part is interviewing several financial advisors until you find the right one. This is especially true when you aren’t sure what to ask this professional. We recommend asking the

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How Small Business Owners Can Prepare for a Recession Before It Hits

How Small Business Owners Can Prepare for a Recession Before It Hits

June 2019 marked 10 years since the economy began expanding again after the recession of the late 2000s. That makes it the longest economic expansion in history. Unfortunately, some top economists see indications of a new recession cropping up within the next 12 months. Whether this comes to pass or not, it’s a good idea

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Raise Business Capital by Selling Company Stock

Raise Business Capital by Selling Company Stock

There’s no question that launching a company requires a significant investment of cash, something that is in short supply for most new business owners. While you might prefer sole ownership of your new business, that might not be realistic from a financial standpoint. Selling company stock can be a viable alternative in this situation. However,

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What are the Differences Between Profits and Earnings?

What are the Differences Between Profits and Earnings?

Although profits and earnings sound like they could describe the same thing, they have different meanings in the business world. Earnings, for example, typically refers to the bottom line on a company’s income statement. Breaking it down further, a company’s net earnings describes the amount it takes in after accounting for all expenses. With net

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How Liquid Assets are Vital to the Success of a Business

How Liquid Assets are Vital to the Success of a Business

A company’s liquid assets include anything that can be converted to cash. Although this can describe many things a company owns, the key to real liquidity is the speed in which it can sell the asset. Below are several examples of business asset types. Common Forms of Liquid Assets The most typical way that companies

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