unemployment

Small Business Funding is Still Available if You Look in the Right Place

Even as federal Covid-19 relief programs end, like the Paycheck Protection Program, it’s likely your business may still need financial help. Last month, a survey by Yahoo Small Business reported half of the country’s smallest businesses continue to struggle due to the pandemic. The survey showed that just 38% of microbusinesses (those with fewer than …

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4th of July

SBA Opens Targeted EIDL Cash Grants to Small Businesses

Small businesses around the country are being urged to apply for the Small Business Administration’s Economic Injury Disaster Loans (EIDL) and its Targeted (EIDL) Advance Grant Program. This is aimed at helping those businesses most impacted by the pandemic and those who applied for the program last year that did not receive full financial assistance. SBA …

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Amazon: Are They Really That Bad for Small Business? 

With Amazon’s ‘Prime Day’ here, we ask how the online retailer impacts small businesses in good and bad ways. We recall the 2017 retail bankruptcy filings of iconic brick and mortar stores like RadioShack, Toys R Us, Payless Shoes, and more recently, Sears and Modell’s Sporting Goods. The decline of these and others was due …

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Latest SBA Grant Program Aimed at Helping Small Businesses

Last week, the Small Business Administration (SBA) announced a new round of Economic Injury Disaster Loan (EIDL) assistance, known as “Supplemental Targeted Advances”. This will make $5 billion in additional grants available to small businesses hit hardest by the COVID-19 pandemic. New Grant Details  The new program offers an extra $5,000 that doesn’t need to …

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Why Now is a Good Time for Small Biz Owners to Apply for a PPP Loan?

Small business owners who aren’t sure if they have time to apply for a PPP loan – should. With the extension of the Paycheck Protection Program (PPP) through the end of May, some small biz owners may be concerned if there’s enough time to do so. Another concern is if there’s enough money in the …

Why Now is a Good Time for Small Biz Owners to Apply for a PPP Loan? Read More

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What’s the Difference Between an Accountant and a Bookkeeper?

Ask someone what the difference between an accountant and a bookkeeper is, and they may find it difficult to answer. Some would say they’re the same – but that would be incorrect. While bookkeepers and accountants share common tasks and functions, they support businesses in different stages of the financial cycle. Here’s an explanation of …

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