Blog
PPP Loan Forgiveness Update
More details regarding Paycheck Protection Act loan forgiveness emerged from the US Small Business Administration last week that make it much easier for those who received PPP loans of less than $50,000 to apply for forgiveness. While the loan forgiveness process will still be administered by your lending bank and Read more…
Blog
SEC Expands Accredited Investor and Qualified Institutional Buyer Definitions
By Richard S. Heller, Cassandra W. Borchers and Brian Doyle-Wengerof Thompson Hine On August 26, 2020, the Securities and Exchange Commission (SEC or Commission) adopted amendments to the definitions of “accredited investor” and “qualified institutional buyer” under Rules 501(a) and 144(a) of the Securities Act of 1933, as amended (Securities Read more…
Blog
Ohio Provides Qualified Liability Shield From COVID-19 Claims
By M. Scott Young, Anthony P. McNamara and William J. Hubbardof Thompson HineSeptember 2020 On September 14, Ohio Governor Mike DeWine signed into law a qualified and temporary liability shield against claims based on exposure to or infection from SARS-CoV-2 (aka COVID-19), MERS-CoV (aka coronavirus that causes Middle East respiratory Read more…
Blog
COVID Nation: Our Health from Sea to Shining Sea
Op Ed By Jose Julio Divino, MPH August 2020 – It has been seven months since the coronavirus, or “COVID-19” as coined by the World Health Organization (WHO), was declared a public health pandemic, yet the politicization of this deadly virus continues to ravage our country, killing nearly 180,000 and Read more…
Blog
Starting a Small Business
By Stacy L. Bauer The Small Business Administration advises that one of the major causes of failure of small businesses is poor management. This could mean poor planning, cash flow management, record-keeping, inventory control, promotion or employee relations, among others. It likely also includes poor capitalization. There are several key Read more…
Blog
Developing a Systematic Action Plan for Managing Revenue Risk Posed by Financially Challenged and Bankrupt Customers
In the August 19, 2020 issue of Crain’s Cleveland Business, guest bloggers H. Jeffrey Schwartz and Gus Kallergis, co-chairs of the Business Restructuring and Insolvency group at Calfee, Halter & Griswold LLP, posted this blog highlighting the risk businesses will face in the coming months from customers going out of business Read more…
Blog
Leadership Through Change
Your business’s ability to change in response to today’s rapidly shifting climate is crucial to its survival. Do you have the resources you need to lead the change you require? BG Consulting Group’s unique suite of competencies supports development, socialization and management of your change strategy. Test your readiness with Read more…
Blog
Business Basics 103
By Stacy L. Bauer Corporate social responsibility (CSR) refers to companies as good citizens, concerned with the welfare of society and not just the owners. CSR is based on fairness, integrity and respect. While a company’s loyalty and obligation is to its owners, being a good corporate citizen can increase Read more…