The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress on Friday, March 27th, offering individuals and businesses $2.2 trillion of financial relief from the financial strain caused by the coronavirus epidemic. To put the United States’ financial downturn into perspective, nearly 3.3 million Americans filed for unemployment benefits for [...]
The Small Business Administration (SBA) is the US governmental agency which has been appointed to oversee part of the $2 trillion stimulus package drafted in response to the SARS-Cov-2 (Coronavirus) pandemic, COVID-19, and the economic crisis it has brought to the country. At the time of writing, there have been more than 787,000 [...]
A perfect match for small businesses looking for flexibility and limited liability Are you planning to start a business sometime soon? Maybe you’re a current business owner who started an enterprise sometime in the last 20 years? If you’re a current or soon-to-be small business owner in the United States, chances are [...]
Starting a business with the goal of “taking it public” or attracting institutional investors is the goal of many entrepreneurs. Bootstrapping a business and trying to grow it as large as possible, with the goal of either staying on as the founder/CEO or eventually selling to another business, is another common goal of entrepreneurs. [...]
Entrepreneurs love solving puzzles, and one of the more complicated puzzles to try and piece together is deciding whether C-Corporation status makes sense for your business. Incorporating a business can be expensive and involve ongoing paperwork and compliance requirements. Some businesses should steer clear of the headaches caused by maintaining C-Corporation status. Other businesses, [...]
Congratulations! You just started a brand new business. Maybe you’ve been a full-time employee most of your life and finally took the plunge into the wild world of entrepreneurship. Perhaps you’re a professional who decided to open up your own private practice. Or maybe you’re a serial entrepreneur whose job it is to plant [...]
