Got a Paycheck Protection Program loan? 5 New Things to Consider to Maximize Forgiveness
If you applied for the Paycheck Protection Program in early April, you’ve been on a quite a rollercoaster. In May, Congress recognized this program wasn’t working for us small business owners. As a result, they passed the Paycheck Protection Program Flexibility Act in early June. The new law has extended the covered period, clarified several […]
8 Things to Consider Before Taking that EIDL Loan
3RD UPDATE: As of December 31, 2020, the SBA has extended the application deadline for the COVID-19 EIDL program by an entire year, to December 31, 2021. Loan amounts are capped at $150,000, with the terms below. 2ND UPDATE: As of September 4, 2020, the SBA has relaxed a number of the original rules around personal […]
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Is your small business in rapid descent? Here’s how to pull the nose up.
Depending on how your day has gone, you may feel like you’re in rapid descent or outright free fall. An Instagram post from financial coach Maggie Germano resonated for me: Put your own financial oxygen mask on first. Remember the instructions? I know, it’s been a minute since I’ve been on a plane, too. In […]
Coronavirus: How Worried Should I Be
The stock market is down. What does that mean for your small business? Updated March 12, 2020 My clients and I have been talking about the impacts of coronavirus, or COVID-19, for a few weeks now. But with this week’s stock market drop, I wanted to bring that thinking into one place. I’m thinking about […]
5 Questions to Ask When Scaling Your Business
In working with businesses of all shapes, sizes, and funding sources over the years, these are 5 important questions to consider as you begin scaling your business. #1: Why do I want to scale? Why do you want your business to be bigger? I’ve yet to meet someone who started a company just to say […]
3 Common Pitfalls Business Owners Can Avoid
If it were easy everyone would do it We all know starting a business isn’t easy. Starting one as woman can be even more difficult. It’s not the right time because you’re building your expertise and paying off education loans.. Or you’re starting a family. Or you have young children. Or you have a comfortable […]
January Planning
So you’ve set your 2020 goals. Now what? This is the season when the internet lights up with countless articles about yearly goal-setting. That’s something we started with our clients around September/October so they’re already well-prepared to crush 2020. If that’s not where you’re at today, don’t despair. However, setting goals for the year is […]
Have you built your expert team?
Whether you’re a solopreneur or well into your CEO-hood, it’s crucial that you have a team of professionals that know you and your business. Who needs to be on that team? Read on…
How Not to Get Screwed by the City of LA’s Freelance and Business Tax
A gentle reminder to report your freelance or business income to the City of LA by February 28, and to contact your councilperson about the gross receipts tax.