Want to know how much of your PPP loan is eligible for forgiveness? Thanks to the SBA’s release of the Loan Forgiveness Application, you can now do the PPP forgiveness calculation for your loan amount. Continue reading “PPP Forgiveness Calculation: Process & Example”
Thinking about offering employer-sponsored health insurance? Sure, you could offer a traditional group health insurance to your employees, but that’s not your only choice. There are a number of small business health insurance options you can choose from. Continue reading “Small Business Health Insurance Options: Which (If Any) Will You Pick?”
Quick: Tell me what your business does in under a minute and a half. Can you do it? Probably not—for one of two reasons. First, we can’t hear you. And second, you may not have nailed down your entrepreneur elevator pitch yet. Continue reading “Rising to the Occasion: How to Master Your Entrepreneur Elevator Pitch in 5 Steps”
How do you pay your employees? With checks? Direct deposit? Other? There are a number of ways to pay employees, especially as money continues moving into the digital sphere. If you want to know how to pay employees, take a look at your options. Continue reading “How to Pay Employees: Types of Payment You Can Offer”
With loan forgiveness on the line, you probably didn’t apply for a Paycheck Protection Program (PPP) loan for the low-interest rate of 1%. So, you got the loan. Now, you want to know how to get your PPP loan forgiveness. Continue reading “PPP Loan Forgiveness: How to Get Your PPP Loan Forgiven”
Ten out of 10 businesses sell products or services. And when you make a sale, you need to record the transaction in your accounting books. How comfortable are you with making a sales journal entry? Continue reading “How to Make a Sales Journal Entry in Your Books”
If your business is struggling to make payroll amidst the coronavirus, you might wonder whether you should furlough or lay off your employees. What’s the difference between furlough vs. layoff? Continue reading “Furlough vs. Layoff: A Tough Call in a Difficult Time”
Let’s face it: accounting is confusing. There are so many rules to follow and calculations to do. But, it’s one of those things you have to do for the sake of your business. So instead of diving straight into the complicated stuff, start slowly with simple journal entries. Continue reading “Getting Started With Simple Journal Entries”
Do you want to give your employees paid time off from work? If you choose to offer paid vacation days as an employee benefit, you might not know how many to provide. To stay competitive, take a look at the national average vacation time. Continue reading “Use the Average Vacation Time to Build Your Business’s Policy”
Does your small business need financial assistance as a result of the coronavirus pandemic? If so, one of the biggest federal initiatives for small businesses is the Paycheck Protection Program. Continue reading “Paycheck Protection Program: How to Apply for a Forgivable Loan During COVID-19”
