There are many lenders who promote themselves as "small business friendly" pontificating about their willingness to lend money to small businesses. In reality, however, whether they participate as an approved lender in the government-guaranteed Small Business Administration (SBA) loan programs or in conventional financing, many banks and non-bank lenders will not finance small businesses.
Romantic partners lie and betray in the financial arena just as much as the sexual arena. Usually it is a “white lie”, as in, “What he doesn’t know won’t hurt him”, and involves hiding the cost of a family trip or shoe shopping splurge. But at least 25% of the divorce matters I see
If your business is still struggling to recover due to the pandemic, New York State's COVID-19 Pandemic Small Business Recovery Grant Program may help. Grants of up to $50,000 are available to eligible applicants. Who is eligible? Small businesses, micro-businesses, and for-profit independent arts and cultural organizations that are currently viable and began operation on
Note: This blog first appeared on Supportingstrategies.com. By Cheri Giglia You can move forward with confidence when you've got solid financials to fall back on — starting with good bookkeeping and controller services support. Whether you’re planning to add a new line of business, open a new location, or simply upgrade equipment, following these bookkeeping tips will help
Most family fortunes don’t survive to a third generation. Here’s why. Unlike some quaint adages, the saying “Shirt-sleeves to shirt-sleeves in three generations” seems to have a basis in fact. In “Beating the Midas Curse,” authors Rodney Zeeb and Perry L. Cochell reported that 60 percent of affluent families lose their wealth in the
Today, more than ever, good employees are the lifeblood of successful companies. With the retirement crisis becoming more evident during the global pandemic, unforeseen fluctuations in the economy have forced small business employees to reconsider their priorities – and one constant in discussions has been financial security. Simultaneously, 12 states recently passed legislation to encourage and in
Is your retirement income shielded from income taxes and market volatility? How have your wealth-building strategies factored in the loss of capital or income in retirement due to those taxes & volatility? Most people today only focus on now. The problem is they are not looking down the road to when they would like
An interview with David Perry, Certified Divorce Real Estate Broker How is your role different when working with couples going through divorce rather than working with other individuals who are not experiencing a separation? Like the profession of a mediator, I am employed by both spouses. In some cases, both are in agreement that
By David Scott Peters www.DavidScottPeters.com Restaurant operators are a resilient group, and I have a lot of hope for you and faith in your ability to get through this pandemic. However, it will take some adjustments because you can’t go back to the way you were doing things because costs will go up and
With forced closures due to COVID – 19, the restaurant industry faces a dramatic decline in revenues and an uncertain future. Restaurants and other small businesses must act now to establish a potential business interruption claim. The National Restaurant Association said economic impacts from COVID-19 on restaurants, America’s second-largest private-sector employer, could reach at
