Admin
July 5th, 2020
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Small Business Line of Credit: An Option for These Challenging Times

Small Business Line of Credit: An Option for These Challenging Times

I have to give a shout-out to the small businesses doing all they can to stay afloat. The creative ways you are providing goods and services continues to amaze me.

I have to give a shout-out to the small businesses doing all they can to stay afloat. The creative ways you are providing goods and services continues to amaze me.

Admin
June 28th, 2020
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Updates to PPP Loans: 5 Things To Know Now

Updates to PPP Loans: 5 Things To Know Now

The federal government has updated components of the Paycheck Protection Loan Program (PPP). The application period is still open, and the rules have changed (for the better) since I first started blogging about the issue. Let’s look at five things you need to know right now about what’s changed.

The federal government has updated components of the Paycheck Protection Loan Program (PPP). The application period is still open, and the rules have changed (for the better) since I first started blogging about the issue. Let’s look at five things you need to know right now about what’s changed.

Admin
June 23rd, 2020
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Cash is King – Why Small Businesses Should Save Cash on Hand Whenever Possible

Cash is King – Why Small Businesses Should Save Cash on Hand Whenever Possible

If I were to boil down small business success to just one crucial factor, I would say it’s that cash is king. Yet according to a 2016 JPMorgan Chase study, most small businesses only have about a 27-day cash buffer, and the top 25% of small businesses only have about a two-month buffer. That’s more than … Continue reading “Cash is King – Why Small Businesses Should Save Cash on Hand Whenever Possible”