Why Do Small Businesses Need Financial Statements?
Most small business owners keep a sharp eye on their bank balance, so why do they need financial statements? If the balance goes up, they are making money,...
Blog
What is Asset-Based Lending?
In the lending industry, an asset-based loan (ABL) or line of credit is secured by certain types of collateral. These types of loans are frequently used by small...
Making Sense of the New 941 Tax Form Changes
Form 941 is the Employer’s Quarterly Federal Tax Return. It is an IRS form used by employers to report federal income taxes, Social Security tax or Medicare tax...
What Happens if You Default on a Business Loan?
Most small businesses will, at some point, take out a business loan to help finance their growth. Especially during times of economic uncertainty, you may have trouble keeping...
What Does a Migration From New York Mean For Business?
What does a migration from New York mean for business, for investing in Colorado? In mid-August, Investor and Entrepreneur, James Altucher wrote an opinion blog with the striking...
PPP Loan Forgiveness Updates
What is happening with your PPP loan? What are the next steps? If you accepted the Payroll Protection Program Loan, you may be feeling anxious about having the...
What Is A Business Turnaround?
A business turnaround is the process of executing survival measures, identifying strategic improvements, executing corrections, and moving back into a growth trajectory. If your small business is facing...
What the payroll tax holiday mean for your business
President Trump issued an executive order allowing employers to defer OASDI taxes from September through December of 2020, now being called the payroll tax holiday. Some are celebrating...
Energize Colorado Grant and Loan Gap Fund
Energize Colorado announced a limited supply Gap fund, offering $20,000 grants and $15,000 loans to Colorado small businesses adversely affected by Covid-19. The loan fund will prioritize issuance...
Adding CFOshare as an Accountant to your QuickBooks Online Account
Congratulations on bringing financial professionals onto your team! We are excited to bring our years of experience and expertise to your organization and begin assisting you in the...