Financial management is a weak spot for so many small businesses. When I ran my companies, it was almost an afterthought after a very busy day (and I had an MBA in finance). Few owners are taught about how to read financial statements (or even balance their own checkbook), so they typically avoid the numbers […]
This post is contributed by Jason Dirkham.
If you’ve found yourself in a poor financial situation, you know exactly how uncomfortable it can get. This is even more true if you have a family to look after or if you run your own business. But while it can seem bleak, it’s by […]
With inflation running the highest in 40 years at almost 8 percent, your business needs to raise their prices now. If not, you will make less money this year as a result of your own increased costs.
Many small business owners are afraid to raise their prices because they think customers will leave them. They won’t.
Every […]
This post is contributed by Jason Dirkham
If you run a business of any kind, it is hugely important to make sure that you are keeping its finances on track as best as you can. Being able to do that is going to mean that you are […]
The federal government updated it’s guidelines for loan forgiveness for the Paycheck Protection Program (PPP). Here is a summary of changes:
The new guidelines reduce the amount of the loan needed to be spent on payroll from 75% to 60%, thus increasing the amount of […]
The SBA last week release the long awaited Paycheck Protection Plan Loan Forgiveness Application for small business to complete. The application and instructions are only 11 pages! The SBA has made it more complicated than it needs to be but it’s their money, so if you don’t want to pay back the loan, you […]