As 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, […]
Read MoreQ: Can Bankruptcy Save My Business? – Concerned Entrepreneur A: Dear Concerned: If you’re struggling with debt, but don’t want to shut down your business, bankruptcy might be one way to save your company. While this may sound paradoxical, many big corporations— American Airlines, General Motors, and Kodak—have successfully used bankruptcy to restructure debt and […]
Read MoreOwning a business is challenging even in the best of times. Add a global pandemic, the likes of which we have never seen in our lifetime, and it becomes much more overwhelming. Often, business owners try to compensate for shortcomings in their business by bringing in more and more revenue. For many people, however, business […]
Read MoreThere isn’t a single person who isn’t impacted by the spread of COVID-19, in some way. With the sheer number of businesses, public spaces, and schools closing, we are all finding ourselves in positions we very likely have not planned for very well. This is a time unlike any other that we have experienced, and […]
Read MorePeople start their own businesses for all sorts of reasons. Sometimes it’s a lifelong dream. Sometimes it’s a desire to have more control over one’s time and money. Sometimes it’s just old-fashioned necessity, like if you’ve been laid off from your job and are having trouble finding a new one in your field. But if […]
Read MoreIn my previous article, I gave you some ways in which you can prepare yourself and your business when served with a lawsuit. I mentioned one thing in particular that could mean all the difference in dealing with this scary scenario—finding the right lawyer to help you resolve the conflict, or litigate on your behalf, […]
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