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Contractors State License Board Ready to Reopen Test Centers

Jun 12, 2020 (0) comment , , ,

CSLB test centers (Except Berkeley) reopen on Monday, June 15, 2020. Public Counters are CLOSED to the public but should reopen soon. Most CSLB services are available online, through email, or at 800-321-CSLB (2752). SACRAMENTO – The Contractors State License Board (CSLB) is announcing that seven of its eight test centers around California will reopen […]

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PPP loans now only require 60% of funds to be used for payroll

Jun 11, 2020 (0) comment , , ,

Brief: Borrowers only have to use 60% of their loan funds for payroll costs under changes the federal government made to the Paycheck Protection Program (PPP) on Friday. Previously, the program required borrowers to use 75% of the funds on payroll, a requirement borrowers said was too restrictive. For many businesses impacted by mandatory stay-at-home orders, the […]

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Construction employment sees record rebound in May

Jun 11, 2020 (0) comment , , ,

Brief: ​The construction industry added 464,000 net new jobs in May, the largest monthly increase in construction jobs since the government began tracking employment in 1939 and a drastic improvement from April, which recorded the industry’s largest month-over-month job loss. While nonresidential construction employment lost more than 570,000 jobs on net in April, a total of […]

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What new PPP loan guidance means for contractors

Jun 04, 2020 (0) comment , , , ,

It hasn’t been an easy ride for those applying for or administering Paycheck Protection Program loans since the program went into effect on April 15. A lightning-fast rollout, differing interpretations of the rules, a steady stream of updates, warnings to recipients about audits and penalties, and negative press about public companies that received money while […]

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11 Quotes on Kindness That Every Entrepreneur Needs to Read

May 29, 2020 (0) comment , ,

Benevolence can be good business.  The business world is often portrayed as a highly competitive ecosystem in which you need to fight to get ahead. To a good extent, that’s very true. Entrepreneurs need thick skin, drive and intense focus to succeed. But it’s also important for entrepreneurs to remember the value of kindness. Take […]

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When Is California Reopening?

May 21, 2020 (0) comment , , ,

Here’s what you need to know about the state’s plan to reopen for business during the coronavirus pandemic. Venice Beach on May 17.Credit…Ryan Young for The New York Times   California was the first state in the nation to order all residents to stay home to slow the spread of the coronavirus. On Monday, Gov. […]

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A look at other ways the CARES Act can help your business

May 14, 2020 (0) comment , , ,

Let’s take a look at another way the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help your business. The new act eliminates some of the tax-revenue-generating provisions included in a previous tax law. With the rules for claiming certain tax losses being modified it can provide businesses with relief from the novel coronavirus […]

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7 tips for entrepreneurs and small businesses amid COVID-19

Apr 30, 2020 (0) comment , , , ,

“Every business is a startup in times like these, so you should focus on cash flow—not profits. The decisions you make today will have enormous ramifications for the future of your business. ” Thomas Ulbrich, Assistant Dean for Entrepreneurship and Social Innovation UB School of Management “Firms that have retained their employees will have a […]

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Senate approves additional PPP funds 5 days after original funding runs out

Apr 23, 2020 (0) comment , , ,

  UPDATE: April 22, 2020: The Senate on April 21 approved additional stimulus funds totaling $480 billion, with $310 billion earmarked for the PPP, five days after the latter’s original well of funding ran dry. Though the bill saw bipartisan support in the Senate, it still needs to be approved by the House, which could vote on the matter […]

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10 Things You Can Do To Stay Positive During COVID-19

Apr 16, 2020 (0) comment , , ,

Staying positive and optimistic during times of crisis can be challenging, but it’s critical to your mental well-being and immune system. Your attitude is so much like an inner architect building resilience in your mindset. Today, due to the hindrances caused by the Coronavirus pandemic, even individuals with the sunniest of outlooks may be having […]

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