Eligibility For The PPP Has Been Expanded

Over the past few months, the country, and especially states such as New York, New Jersey, Florida, and more, have been pummeled by the coronavirus. Not only has the virus taken a significant toll on our physical health, but also on our economic health. People across the U.S. are now jobless, even as the virus […]

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What You Need to Know About Chapter 7 Business Bankruptcy

There are few things more stressful for a business owner then accruing debt. That being said, if you are a struggling business owner, you may have certain options available to you. One of those options is known as Chapter 7 business bankruptcy. However, before making the move to Chapter 7, you should hire an experienced […]

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What You Need to Know About Chapter 11 Business Bankruptcy

If you are a business owner but are in debt, there is a good chance you may qualify for Chapter 11 business bankruptcy. Chapter 11 business bankruptcy allows you essentially to restructure your debt over a 5-year plan, all while keeping your business running and employees on staff. With a business bankruptcy, creditor activities will […]

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An Additional $320 Billion For PPP Signed Into Legislation

On Tuesday, April 21, 2020, the U. S. Senate passed an interim funding bill that gives businesses and non-profit organizations an additional $320 billion for the Paycheck Protection Program, and on Thursday, April 23, 2020, the House of Representatives approved the funding, and the legislation was signed by President Donald J. Trump the next day. […]

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Business Lingo for Small Business Owners

Every small or large business owner should be familiar with the following terms.  Why? Because at least twice a year (or even monthly) you should review your company’s financial health, using these terms as your checklist: Accounts Payable is money your business owes to other businesses for outstanding invoices for goods and services. Accounts Receivable […]

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