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…

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…