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7 minute read
Buying or Selling a Closed Business: An Opportunity For Both Sides
When a business closes, it presents an opportunity for the owner to recoup some value, and the buyer to get a head start on expansion or a new business operation.
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13 minute read
A Comprehensive Guide to the Paycheck Protection Program
Use this detailed guide to better understand the PPP application and loan forgiveness process.
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3 minute read
CARES Act 2021 Extension Gives Boost to Business Buyers and Sellers
The CARES Act Debt Relief Program, which allows business buyers to take advantage of an SBA loan, has been extended under the Consolidated Appropriations Act. Learn why this extension is great news for entrepreneurs.
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5 minute read
Congress Agrees on $900 Billion Coronavirus Relief Bill – What’s In It for Small Business
Just days before the Christmas holiday, the U.S. House of Representatives and Senate came to an agreed upon relief bill that includes $900 billion in emergency relief to those impacted by the coronavirus pandemic.
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4 minute read
Quick Thinking and Creativity Saved This Company From the Coronavirus
A Business Catering to Groups Transforms to Find E-Commerce Success
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2 minute read
Stuck at Home, More Owners Shell Out to Spruce Up Their Houses
Strong Confidence Seen in Home Remodeling Projects of All Sizes
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3 minute read
PPP Loan Guidance to Lenders a Positive for Sellers, Buyers and Business Brokers. Effective Immediately.
New Paycheck Protection Program (PPP) loan guidance should provide relief to business owners, buyers, and brokers.
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3 minute read
Why October is a Great Time to Buy or Sell a Business: Especially in 2020
Opportunities for business buyers and sellers look different during a pandemic, but they October should be the official Business for Sale month — especially in 2020.
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4 minute read
How Restaurants Can Serve Dinner Outside During Winter
Chicago Chooses Three Design Contest Winners That Will See Prototypes Built and Tested
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5 minute read
How the Federal Government Is Helping Small Businesses Navigate COVID-19
As we continue to protect our health and well-being against the coronavirus (COVID-19), the federal government is responding and has already put together several bills to assist small business owners, as well as their employees.
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8 minute read
The Big List of State and Local Programs Available to Small Businesses Impacted by COVID-19
Many cities, counties and states have set up COVID-19 relief programs specifically for small businesses, such as low-interest disaster loans, grants, and other forms of relief during this unprecedented national crisis.
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5 minute read
What Small Business Owners Should Know About Paid Sick Leave and Family Medical Leave Related to COVID-19
The Families First Coronavirus Response Act (FFCRA) requires certain employers provide employees with paid sick leave and it's crucial for small business owners to be aware of what the act entails.
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7 minute read
How Small Businesses Can Leverage Technology for a Remote Work Environment
Setting up a remote work environment is not only a great way to protect your business in a crisis, it’s the future.
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9 minute read
Considerations for Taking Over a Closed Restaurant
The California Restaurant Association recently estimated that between 20 to 30% of all restaurants in the state that were closed during the shelter-in-place period may not reopen once the Shelter in Place has been lifted, resulting in thousands of fully built out restaurants that were in operation prior to the COVID-19 crisis not reopening which will present opportunities for many new restaurant operators.
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6 minute read
How to Run a Business Safely and Reduce the Risk of Exposure to COVID-19
The “new normal” means businesses must practice strict safety measures to protect their workers. By following OSHA guidelines and developing a plan with preventative measures, safety precautions and workplace protections, businesses can greatly reduce their risk of exposure to COVID-19.
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6 minute read
Here's What Retailers Are Doing to Drum Up Business While Storefronts Are Dark
From curbside freezer pickups to free workouts, staying top of mind in a pandemic has challenges.
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5 minute read
How Corporate Giants and Other Companies Are Helping Small Businesses Impacted by COVID-19
Small businesses are being hit hard during this global pandemic and private companies and non-profits are pitching in to help. Some are offering grant money, while others are offering free services, waived fees and other programs to lend assistance.
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2 minute read
COVID-19 Debt Relief - SBA Covering 6 Months of Loan Payments for Small Business Owners
The Coronavirus Aid, Relief, and Economic Security (CARES) Act has allocated $17 billion to subsidize loan payments for small businesses affected by COVID-19.
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3 minute read
COVID-19 EIDL Disaster Loans Give Small Businesses a $10k Emergency Grant within 3 Days
The Coronavirus Aid, Relief, and Economic Security (CARES) Act has modified EIDLs by relaxing eligibility guidelines and including a $10,000 advance emergency grant.
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3 minute read
Using Downtime During COVID-19 to Add Value to Your Business
Market competition has been incredibly strong up until now, and many buyers are going to stay active — in fact, some will become more aggressive in order to capitalize on the current climate.
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6 minute read
Just For Restaurants: Relief Programs for Those Affected by COVID-19
While there are many other small business COVID-19 relief programs, these have been created specifically for restaurants and nightlife establishments and their employees.
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5 minute read
PPP Update: Extends Deadlines, Relaxes Guidelines. IRS Sets Limits on Deductible Expenses
A new bill has been signed into law, overhauling the original Paycheck Protection Program,. The PPPF Act gives borrowers more flexibility and time to use loans.