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Year-End Bonuses for a Year Like No Other
It’s been reported that about 66% of all businesses plan to give year-end bonuses in 2020. But is this true for small businesses? Many have closed; ... -
When Is It Time to Close a Business?
According to TrackTheRecovery.org, the number of small businesses that were open on November 16, 2020, as compared with January 1, 2020, decreased by 28.9%. It’s ... -
Holiday Sales Checklist
With the holiday shopping season underway (e.g., October 10 according to BRG, and Amazon Prime Day on October 13), small businesses should be sure to ... -
Profile of Small Business in 2020
The SBA’s Office of Advocacy has profiles of each state’s small businesses. The profiles report on the number of small businesses in each state, the ... -
Can Small Businesses Make a Come Back?
Thousands of small businesses have been seriously impacted by the pandemic. It’s been reported that more than 100,000 small businesses closed permanently in New York. ... -
Favorable Changes to PPP Loans
On June 3, the Senate by unanimous consent approved the Paycheck Protection Flexibility Act of 2020 that the House passed on May 28, 2020, with ... -
5 Reasons Why Now Is a Great Time to Start a Business
Yes, we’re in a recession. Yes, we’re still under COVID-related restrictions on how businesses must operate. But despite these negative concerns, there are some compelling ... -
Paying Promptly: Aren’t We Legally and Morally Obligated?
Just about everyone—individuals and businesses—is struggling with cash flow. They just don’t have money on hand, which means it’s difficult if not impossible for them ... -
How to Compassionately and Legally Break Promises to Your Staff
At the end of February 2020, the federal unemployment rate was 3.5%. At that time, business owners were looking for ways to attract and retain ... -
COVID-19 and Small Businesses: 5 Big Surprises
In just a couple of months, the small business landscape has dramatically changed, in some instances forever. The medical impact of COVID-19 continues to be ...