New $19,000 Employee Retention Credit for Small Business Owners
With the year-end stimulus bill that was recently passed, a change was made to allow companies that claimed PPP loans to now also claim the Employee Retention Credit (ERC) with wages that were not utilized as qualified expenses in the forgiveness of the PPP loan.
For 2020 & 2021, the combined credit could be up to […]
Guest Post: 2021 Small Business Trends: Keys to Success in the New Year
With the new year underway, now is the time to anticipate 2021 trends and consumer behavior shifts— and develop strategies and tactics that will resonate with consumers in the year ahead. 2020 was a unique and challenging year. But entrepreneurs and small business owners are a resilient group. Even with the uncertainty of 2020, many […]
My Small Business Predictions for 2021: Cloudy But Clearing
Ah, who could have predicted that a global pandemic would hit the U.S. economy in 2020? Last year, I titled my predictions post “Storms Clouds Gathering” but who could have guessed that it would be a full blown hurricane! Fair to say, my predictions for last year were way off.
Here were my macroeconomic predictions […]
Details on Second Round of the Payroll Protection Program (PPP)
Here are some of the early details of the second round of Payroll Protection Program (PPP) as passed by Congress this week. Key provisions include:
- It is for small private businesses with less than 300 employees, self-employed individuals, sole proprietors, and independent contractors.
- To be eligible, your company’s revenue must have gone down 25% in […]
This Data Privacy Survey Will Shock You
According to a recent survey CRM Essentials and commissioned by global technology company Zoho, businesses still don’t take data privacy of their customers seriously.
It states that 62% of U.S. and Canadian companies don’t inform customers that they allow tracking code from third-party services on their websites, despite the majority claiming to […]