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…

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…

Reopening Plans

By Nancy Hancock Griffith While most businesses across the country are at least partially reopened, the work of creating safe workplaces and customer experiences continues. BG Consulting would like to recommend the following excellent resources to help your business create your own safety and workplace policies as you move forward. Read more…

Paycheck Protection Program Update

SBA Issues Guidance on Good-Faith Certification In order to receive a Paycheck Protection Program (PPP) loan, borrowers must generally certify that current economic uncertainty renders such a loan necessary to support ongoing operations. Throughout the month of May, the Small Business Administration (SBA) has been updating its PPP FAQs as they Read more…

Force Majeure Contract Clauses

COVID-19 has caused us to take a deeper look at many of our business practices, including the physical workplace, business plans, and emergency contingency plans. Business contracts are another area that need review. Business agreements routinely include boiler plate language, such as a force majeure clause. This language protects the Read more…