Employee Retention Credit Changes
Changes are coming to give your small business up to $28,000 for each employee! As of 3/8/21, the latest stimulus legislation pending approval in the House includes changes...
Blog - Page 2 of 9 - CFOShare
New PPP Loan Calculations for Sole Proprietors
If you are a sole proprietor, independent contractor, or single-owner LLC, you have a lot more PPP money coming your way. Yesterday the SBA released new guidance to...
What is Cost Accounting?
Cost accounting is the specialized discipline of managerial accounting focused on timing and attributing costs accurately. Although the concept of cost accounting is simple, the actual practice is...
How do I find an Angel Investor?
It is very common for a small business to need an infusion of capital at some stage of development. Other than wealthy family members and friends, how do...
Entrepreneurial lessons from $GME and r/Wallstreetbets
Have you been watching r/Wallstreetbets? At CFOshare, my team is excessively entertained by what’s happening with $GME. The $GME short squeeze was unprecedented in financial history, so what...
How to Calculate Sales Forecast for a New Business
Projecting sales is the most important and challenging piece of forecasting, especially for new businesses with little to no historic data. Many small business owners don’t know how...
Wall Street Bets, GME, and the risk of a Retail Bro-pocolypse
The circus of wall street seems a far-ways away from most small business concerns – but are you aware of how this stewing financial crisis may affect your...
Potentially Big PPP Wins for Businesses with Historic Grant Income
Did you receive a large grant in the early years of your startup – perhaps a NIST, OEDIT or DOD grant in 2019? If so, your startup business...
When Does PPP Round 2 Begin?
(updated 1/13/21) PPP applications re-opened on Monday 1/11 to a select group of recipients, and will open to all lenders starting Tuesday 1/19/21. Due to heavy criticism of...
What Are the Differences Between Bookkeeping and Accounting?
Bookkeeping and Accounting are part of the same profession and are often confused as the same thing, however they are different activities. Bookkeeping is transactional and administrative record...