April 28, 2020
10 Keys to Keys to Proactively Reopening Your Business

10 Keys to Proactively Reopening Your Business after the Shutdowns

I am an avid fisherman and outdoorsmen. If it involves being in the woods or on the water, I am ready to go. As a fisherman, I learned very early on that different fish, waters, and even locales require different approaches. What works for bass fishing in East Tennessee doesn’t necessarily work when I’m fishing for trout in Montana. Depending on my goal, I need to change and adjust my tactics. The same is true in business. Sometimes, we need to change our approach in order to find success. In today’s business climate, more and more business owners are discovering that what worked before the closures may not work when they reopen their businesses. Recently, we discussed how turnaround management can help small business owners to form a new approach. Today, I’d like to dig a little deeper with 10 keys to getting off on the right foot when reopening […]
April 21, 2020
PPP Forgiveness Requirements

PPP Forgiveness Requirements: A Business Owner’s Guide to Navigating the Rules

Latest update: 9/15/2020 Business owners all over the country have taken advantage of the Small Business Administration’s Payroll Protection Program (PPP). So many, in fact, that the PPP has already exhausted its $350 billion budget. Although some of you may still be waiting for your funds to be deposited, many others have already received their money. But what do we do with the money now that we have it? After all, the beauty of the PPP is its forgiveness provision. In today’s article, I will detail some ways to get the most out of your PPP forgiveness.
April 16, 2020
Marketing In Uncertain Times

Turnaround Management: 4 Essential Techniques for Restarting Your Business

The entrepreneurial spirit is one of adaptability, ambition, and determination. We adapt to changing economic and business trends. Our ambitions lead us to create the best possible future for ourselves, our businesses, and our communities. Dogged determination means we will never taste permanent failure, only temporary setbacks. These traits are the very reason that I will bet on the entrepreneur every single time. Likewise, these traits provide the foundation for our path forward. For many business owners, turnaround management is exactly what their organization needs to emerge victorious when the pandemic comes to an end. Follow me as I explain four essential techniques to turnaround management.
April 2, 2020
SBA Economic Injury Disaster Loan 7a 7b

SBA’s Economic Injury Disaster Loans – Immediate Hope For Businesses

Last update – 4:29 pm, April 6 Over the course of the COVID-19 pandemic, news and information have changed at a frenetic pace.* As the information on the Senate Cares Act was released on 3-27-2020, it was already in the process of changing. So what has the Cares Act changed for us, as business owners, in regards to the Economic Injury Disaster Loan? What do we do with this new information? Who is eligible? What portion of the loans will be forgiven? These are just some of the questions that we will address as we look at the update to the Cares Act and what to do now.
April 1, 2020
Moving to A Remote Workforce

Moving to A Remote Workforce Due To COVID-19 – Pros, Cons, Implementation

Over the last ten to fifteen years the idea of businesses utilizing a remote workforce has grown in popularity. However, the outbreak of COVID-19 has forced many business owners to adopt this model almost overnight. With such a break from the traditional business model, there are bound to be logistical issues. How do you monitor your team’s production? What’s the best way to train them? Are there ways to foster teamwork when everyone is isolated? I had the chance to talk about these subjects and more with a fellow entrepreneur that has worked with a remote workforce since 2008. Join me as I share what I’ve learned about the ins and outs of running a business with a remote workforce.
March 26, 2020
Key Points of The Senate CARES bill

The Senate CARES Bill and Small Business – The Key Points

The COVID-19 pandemic has taken a massive toll on the economy and the way that we conduct business. As many are reeling from the shock of the disease’s immediate impact on small businesses — both owners and their employees — the U.S. Government has put together legislation to attempt to alleviate some of the economic strain. As is the case with most legislation, there is a lot to unpack in the Senate CARES act. I’ve taken the time to comb through some of the language and provisions included in the bill and have identified some of the key points that may impact you, the business owner. Join me as I explain the bill in Financially Simple terms.