If you’re looking to take your next big idea public, there are plenty of reasons to do so. But to ensure you have the best chance for success, you must recognize some of the roadblocks that might be standing in your way so you can prepare for them.
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Estate planning and planning for life after retirement may seem far off or even scary, but as you approach this time in your life, a new area of focus should take hold in the form of an ‘aging checklist.’
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Ways to Safeguard Your Intellectual Property Intellectual property protection was created to help spur creativity and innovation, as those who hold intellectual property rights can make a profit and earn money with their creations. Intellectual property rights, however, are not always automatic. If you hold valuable intellectual property, whether that’s in the form of an
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Values Gen Y and Gen Z Employees Love Much is said about the nature of generations growing up in the digital age and their expectations as they are continually entering the workforce. These new generations of workers bring with them fresh and exciting ideas, talents, and expertise. However, for any business, one of the most
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When it Comes to Your KPIs, is Your Team in the Dark? Every type of business may measure success in different ways. It may be in the number of customers, repeat customers, total utilization figures for staff, profits, or something else. Whatever the important measures of your business are, you are undoubtedly tracking these Key
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What’s Involved When it’s Time to Scale Up Your Business A vast majority of companies start as a small or medium-sized business, and there’s certainly a level of comfort to that. As a smaller business, risks are likely to be lower, the amount of moving parts to track is less, and you are more able
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No matter how promising the potential idea is, failing to take into account certain basic financial truths can be the beginning of the end for any entrepreneur. So, before you take the leap and dive into the world of being an entrepreneur, consider the following key financial steps to take.
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The Employee Retention Credit (ERC) is a refundable tax credit intended to encourage business owners to keep their employees on the payroll and minimize the number of workers filing for unemployment benefits. An employer is not eligible for the Employee Retention Credit if they receive a loan under the Paycheck Protection Program.
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On May 13, 2020, the SBA and Treasury issued interim Final Rule on Loan Increases, allowing partnerships and seasonal businesses to potentially qualify for higher loan amounts from the Paycheck Protection Program (PPP) – even if they have already received a disbursement.
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Applications for forgiveness should be filed as soon as possible at the end of the 8-week period with the lender. The lender and SBA then have 60 days to rule on your forgiveness application.
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Internal audits can be considered a risk management strategy, helping you identify problem areas before they get out of your control, while also ensuring you remain compliant with all applicable requirements, regulations, and codes.
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The SBA issued a new safe harbor in the form of FAQ #46 that states such borrowers “will be deemed to have made the required certification…in good faith” for borrowers with loans under $2 million.
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