For the love of your business
For the love of your business
Q: Is there a way to temporarily pause my LLC business? – Needing a Break A: Needing a Break, It’s completely normal to go through uncertain phases with your business, even in the best of times. You may need some time to regroup and figure out whether you want to pivot with your business or […]
Read MoreCoronavirus has forced many business owners to face the tough decision of whether to persevere and keep their business going, or to close it all down and walk away. If you are asking yourself this question right now, here are some things to consider before going down the bankruptcy road. First, bankruptcy is a valid […]
Read MoreWhen there’s a blow to your business, especially an unprecedented world event like the pandemic we are living through, you might feel paralyzed and unable to make a move. But when problems crop up, you as a business owner can’t afford to freeze. Or fight, or flee, for that matter. Freeze, fight, and flee are […]
Read MoreExiting your business isn’t a decision to be made lightly. It may have been something you were considering before the COVID-19 pandemic hit, or it could have been something that you’ve had to reckon with because of shelter-in-place orders. Maybe your business had already been struggling, and you’ve had to come to terms with your […]
Read MoreNow that many business owners are starting to see Paycheck Protection Program (PPP) approvals and funds hit their bank accounts, you may be wondering how to ensure the loan is forgiven and what the tax consequences will be. We’ve got some of your answers. First of all, let’s talk taxes. Last week, some business owners […]
Read MoreAs we’ve “flattened the curve” of COVID-19 infection here in the United States, some states like Alaska, Georgia, and Minnesota, have started to slowly reopen the doors of non-essential businesses. Some have been eager to do so, others have been very opposed, but still others are on the fence. The exponential growth of the virus […]
Read MoreQ: Since I’m unemployed due to the pandemic, I want to promote myself as a digital marketer while working from home. Do I need a business license? – Anxious Entrepreneur A: Dear Anxious: While some recently unemployed American’s are looking for a side hustle while anticipating returning back to work, many entrepreneurs overlook the fact […]
Read MoreLast week, we shared that the CARES Act makes it possible for you to access money in your retirement account now to keep your business afloat without taxes or penalties. If you missed it, you can go back and read that article here. In that article, I said that this could be a good time […]
Read MoreYou may have heard the news that there have been 3 million applications for SBA loans through the recent CARES Act, to the point that the act has reached its funding limit of $349 billion. As a business owner who may have applied for the $10,000 EIDL grant only to later find it is actually […]
Read MoreIf you have not yet applied for your stimulus money, please read this article that I shared last week and get on that right away. As an update, some of what we are hearing is that Paycheck Protection Program (PPP) applications are being processed and banks are asking for the information to make loans under that […]
Read MoreFirst and foremost, before I get into anything else today: if you have not already done so, and assuming you are reading this because you are a business owner, complete your application to get your $10,000 Economic Injury Disaster GRANT Money, now. Here’s the link, and I share more details about it below: https://covid19relief.sba.gov/ Okay, […]
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