Update April 21, 2020: Paycheck Protection Program Refunded Both the Economic Injury Disaster Loan and Paycheck Protection Program hit funding caps on Thursday, April 16. The Senate passed a $484 billion package on April 21 to inject additional funds into both programs. If you plan to apply for these new funds either through the PPP […]
Paycheck Protection Program Loans: New SBA Guidance Read More »
Update April 27, 2020: PPP Loan Applications Reopen Both the Economic Injury Disaster Loan and Paycheck Protection Program hit funding caps on Thursday, April 16, at which point they stopped processing applications. On April 24, a $484-billion funding package was passed to inject additional funds into both programs. Applications reopened for PPP loans on April
How to Apply for Vital SBA PPP & Economic Disaster Loans Read More »
When the economy slows down, companies have to get creative and start looking for new ways generate revenue. Some tactics simply allow a company to survive the downturn. Others, though, can actually put a business on track to thrive during a recession. One of these tried and true ways to locate untapped customers, is by
Leveraging Co-Branding to Thrive in a Recession Read More »
Businesses across Florida and the United States are trying to figure out how to respond to the outbreak and spread of the coronavirus pandemic. Numerous public safety guidelines have been issued, and, although they will benefit the health of the larger community, there is an economic trade off. Global supply chains have been disrupted for
Creating Company Resilience to an Economic Downturn Read More »
Think about the last seminar you attended or business book you read. I bet you walked away from that seminar inspired and ready to put that knowledge into action in your business. But did you? You spent hours (and possibly a large sum of money) to acquire this knowledge, but despite recognizing its benefits, how
The Most Productive Way to Waste Time Read More »
Deciding what type of business entity to form and what state to form the business entity in can be especially troublesome choices for business owners. Florida business owners tend to pay much more attention to the differences between the business entity types and overlook the significance of the state of incorporation. Yet, these choices are
The Hidden Costs of Doing Business in Florida Read More »
Most business owners run the day-to-day operation of the business in its early stages. But in order to grow a business successfully, those same owners have to make a transition from working in their businesses to working on their businesses, from employee to owner. This transition can be difficult, but it’s vital to avoiding a
Over the Hill and to the Moon: Financial Planning for Your Business Future Read More »
COVID-19 Updates Due to the concerns over the coronavirus (COVID-19) crisis, the Florida Division of Corporations postponed the filing deadline for Florida Annual Reports until June 30, 2020. Additionally, it has closed its offices until April 19, 2020. Spring is an especially crazy time for business owners. It can seem like every month some registration, notice, or
Filing Your Florida Annual Report Read More »
Smart entrepreneurs know that when they start a business, they should form a business entity to protect their personal assets. The business model, industry, and goals of the founders will play a role in the choice of business entity. Corporations are a widely used business entity. So much so that the word “corporation” is often
What You Need to Know about Limited Liability Companies (LLCs) Read More »
Update: Shutdown Ends, but Fallout Uncertain Although the shutdown has ended, economic uncertainty still looms for many businesses. We’ve yet to see the full fallout from the protracted shutdown. Plus, the current administration’s continuing trade war with China (and threatened trade wars with other nations), could easily worsen the economic impact on businesses across the
5 Ways the Gov’t Shutdown Could Still Be Hurting Your Business Growth Read More »
