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Good news to all those that accepted Payroll Protection Monies. The SBA has opened its portal and lenders begin to accept forgiveness appliations. The review process will certainly uncover more potential fraud. Here’s how to be aware and help prevent the issue. As we know the Paycheck Protection Program (PPP) has provided much needed funds…

This year has been a challenge for many small business owners. One of the greatest struggles is hiring new employees. Some companies are bringing on new employees to fill the void of employees that have left due to COVID-19. This has been an element of confusion and fear with the onboarding process and talent acquisition…

If you were one of the millions of businesses approved for SBA Paycheck Protection Program (PPP) loans, your next step is applying for loan forgiveness. We’ve compiled the information available based on the latest guidelines from the SBA and the U.S. Department of the Treasury. Check back here often for updates, as the guidance is subject to change regularly. You…

Many of your clients are thinking about reopening. With them reopening there may be some anxiety about what to expect when they reopen. Although we can’t solve every problem we face because some problems are bigger than us. Here are a few steps to help your clients navigate reopen. Help Them See The Whole Picture…

One of the most important skills that any entrepreneur can have its time management skills. In small towns, many entrepreneurs tend to have more than one line of business. Some have seasonal businesses, and some have more than one business. When you are in a smaller market, diversity in generating an income makes a lot…

Many employers around the United States are now taking precautions to reduce the spread of Covid-19 as the number of cases continues to grow. It is amazing that less than two weeks ago there were very few cases, but now it is topping more than 25 thousand and growing. The option for employees to work…

Whatever you do in business when hearing about the Coronavirus in Vermont or New Hampshire, don’t panic. Protecting You and Your Workforce If you are a sole proprietor, then you only need to think about yourself and how to protect yourself if it comes to your area. If you have employees, you do have an…

Most business owners focus on the core of their business and what they are good at. These services are at the core of who they are as a business and managing the books takes away from the core. More than 80% of small business owners use accountants or bookkeepers to manage their books and/or prepare…

According to the U.S. Department of Labor, labor costs are one of the largest expenses for any business to absorb. Each industry is different, but in the retail industry which is a very large percentage of businesses in America is roughly 20% of total revenue. In other industries like the hospitality industry those percentages get…

As a business owner, you have two areas of your life, personal and business. In your personal life you need to manage the personal finances and home affairs. In business, you need to manage your business finances, employees, products, services etc.. From a business point of view, it might seem easy to lump personal and…

Payroll mistakes in your business can happen faster than you think. These mistakes often are costly and time-consuming to fix too. Payroll services are not created equal. For most small businesses, payroll services come down to features, support, and flexibility. You should assess any payroll provider by these capabilities.  Payroll process times Tax protections Customer…

Taxes have been around for decades and aren’t going away any time soon. President Lincoln created the Internal Revenue Service and introduced the first income tax in 1862 to pay for the very costly North’s civil war expenses. When there is war, there are taxes to finance it. Taxes are part of our everyday life.…