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Entrepreneurs and Founding Fathers: Celebrating Your Business on July 4th

Jun 24, 2020 (0) comment , , ,

  The United States of America is a country built on pioneering – hard work, pushing boundaries, and taking risks. That’s why we’ve decided to celebrate the Fourth of July by honoring some of America’s small business owners. Today, we’ll commemorate the signing of the Declaration of Independence by remembering some of the people who […]

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The Dotted Line: Avoid these change order snafus

Jun 24, 2020 (0) comment , , , ,

It is always important for construction firms to track changes to their construction agreements so that they can bill their customers appropriately. It might be even more important now, however, as many general contractors and subcontractors get back to work after extended COVID-19 shutdowns. Contractors cannot afford to leave any money on the table right […]

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9 inspiring Michael Jordan quotes that will get you fired up for any challenge

Jun 18, 2020 (0) comment , , , ,

Former NBA player Michael Jordan inspires many. Here are some of his famous motivational quotes. Jonathan Daniel/Getty Images   Michael Jordan is one of the greatest basketball players of all time, and he’s inspired generations of athletes since he retired from the NBA in 2003. In the 1990s, Jordan led the Chicago Bulls to six […]

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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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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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