How to Apply for PPP Loan Forgiveness – Executive Summary
Congratulations, you have secured a PPP loan and entered the 8-week period leading up to loan forgiveness. The SBA released guidelines Friday 5/15 on how to apply for...
Posts by: LJ Suzuki
Audit fears quelled as SBA releases new PPP safe harbor guidance.
The SBA released new guidance stating all PPP loans under $2M will automatically qualify for the notorious “loan necessity certification”, a clause that has never been clearly defined....
What is the difference between a Controller and a CFO?
Savvy business decisions based on solid financial data is the key to success. As a small business owner, you may be handling your own bookkeeping and accounting duties,...
Outsourced Finance Manager: What Is It and Do You Need One?
A finance manager is often the most experienced financial professional in a small business. Their responsibilities include overseeing company finances (cash, debt, collections, and payments,) preparing statements and...
The Difference Between a Part-Time CFO, Fractional CFO, Part-Time Controller
If your business isn’t growing as fast as you’d like, or if you’re overwhelmed with bookkeeping and accounting chores, you may be thinking about hiring a controller or...
Replacing a Bookkeeper: Is Outsourced Bookkeeping Right for Your Company?
Robust bookkeeping is critical for any organization. Beyond tracking daily transactions, bookkeeping services can include managing the company’s cash flow, payroll, budgeting, financial reporting and tax filing. Maintaining...
Where is the EIDL and PPP money?
There is a lot of anxiety as people sit around and wait for their EIDL and PPP federal small business stimulus. Is my application being processed? Will my...
How to Get Federal Stimulus for a Small Business
The government passed CARES on Friday March 27th, a $2T economic stimulus plan to mitigate the economic effects of Covid-19. Included in this act is $350B in small...
What Do I Do if my Business Runs Out of Cash?
First, take a deep breath. Exhale. Do it again. Count 6 things in the room around you: computer, a glass of water, my bookkeeper looking panicked… Once you...
When Should I Lay Off Employees?
Laying off employees is one of the hardest decisions a small business owner makes. With the great uncertainty of how social distancing will affect the economy and business...