This article is very very closely follows an article I received from MBFA. It should be noted that this does not cover what the current Bill in Congress (as of 1:30 PM Eastern Time). Pursuant to the latest guidance from the SBA, small businesses that meet the SBA’s revenue OR the […]
SBA Disaster Relief This site allows the public to see what relief is available by state and county. https://disasterloan.sba.gov/ela/Declarations/Index/?utm_source=pardot&utm_medium=image&utm_campaign=MC_Partners_SBA_Relief_Assistance_03_17_2020 Apply for a Disaster Relief Loan This file walks you through the steps to apply for a loan, and the documentation that is needed to complete the request. https://disasterloan.sba.gov/ela/Documents/Three_Step_Process_SBA_Disaster_Loans.pdf SBA Disaster […]
From ADP This morning (3/20/2020), The U.S. Department of Treasury moved Tax Day from April 15th to July 15th – no interest and no penalties for filing! On March 18, 2020 the U.S. Senate passed the revised US House of Representatives’ Families First Coronavirus Response Act (H.R. 6201). The bill now […]
Governor Ron DeSantis announced that he has activated the Florida Small Business Emergency Bridge Loan Program to provide support during the COVID-19 pandemic. The Florida Department of Economic Opportunity (DEO), will provide short-term, interest-free loans to small businesses that experienced economic injury from COVID-19. The application period opened March 17, 2020 and […]
The U.S. Small Business Administration thru its disaster relief program is offering low-interest coronavirus disaster relief loans for working capital to California, New York, Washington, and dozens of other state’s small businesses that are suffering substantial economic damage as a result of the COVID-19. Not all states have applied for this […]
This article is reprinted from the USCIS website. Priority Date Retention Q. Who may benefit from the new EB-5 rule’s priority date retention provision? A. Investors who file a new Form I-526, Immigrant Petition by Alien Investor, on or after Nov. 21, 2019, may use the priority date of a previously approved Form I-526 petition, subject to certain conditions. Q. When would USCIS not allow […]
This is Part 2 of the Small Business (Sales) Market Place 2019 Top Performing Markets by Sales Among cities with at least 50 transactions, Richmond, VA saw the biggest increase in activity, with 53 percent more businesses changing hands. Other cities that experienced a notable increase in 2019 transactions include Baltimore […]
Annual Insight Report shows that while small business sales still remain at historically high levels, 2019 transactions took a five percent dip from record-setting 2018 levels. The number of small businesses that changed hands in 2019 dropped slightly compared to last year according to the latest BizBuySell Insight Report, a nationally-recognized economic […]
I am tempted to say “in the beginning” … However, some context is useful. Fundamentally there are three forms of business entities. A Sole Proprietor(ship), a Partnership, and lastly Corporation. I suspect they were developed in that order. Everything else stems from those three forms. In determining which form is good […]
What is the best business? What business should I buy? How do I decide which business is right for me? These are all great questions and while there are many things you can take & should take into account; I like to answer it this way: What problems to do you […]