President Donald Trump has signed into law a bill that gives employers more flexibility when using Paycheck Protection Program (PPP) funds and applying for loan forgiveness. Current PPP borrowers can choose to extend the eight-week period to 24 weeks, or they can keep the original eight-week period. New PPP borrowers will have a 24-week coveredContinue reading “President Trump Signs Bill Easing PPP Requirements”
Tag Archives: consulting
Loan Forgiveness with Paycheck Protection Program Loans
For those who secured Small Business Administration (SBA) Paycheck Protection Program (PPP) loans, the conversation is now focused on two things: How to calculate and determine loan forgiveness scenarios Loan necessity In general, some or all of the loan granted under the program may be forgiven if used on allowable expenses over the eight-week periodContinue reading “Loan Forgiveness with Paycheck Protection Program Loans”
Unemployment Insurance Vs. Returning To Work
Clients are growing increasingly worried that due to the Federal unemployment subsidy of $600 per week, employees may refuse to show for work or return to work once “work is available”. We have laid out some facts to help if you find your business in a similar situation. While California is rushing to process unemploymentContinue reading “Unemployment Insurance Vs. Returning To Work”
Should I Outsource My Accounting?
The growth of your business is exciting, but not without some growing pains. There will be a point usually around $1M in revenue, in some cases more – you can no longer be involved in every part of your business. You have to focus on what you are good at and delegate the rest AccountingContinue reading “Should I Outsource My Accounting?”
Tips to Improve Your Business Acumen
It’s probably not a surprise to anyone but business acumen is one of the behavioral competencies in the Society for Human Resource Management (SHRM) competency model. It’s important to know the business, be able to talk about it, and make decisions to help the business grow. It can honestly be a challenge to develop business acumen.Continue reading “Tips to Improve Your Business Acumen”
Southern California Workplace Orders
Southern California Counties have released new workplace health orders regarding face coverings, effective this week.City of Los Angeles: Effective April 10, 2020 a new Worker Protection Order requires employers provide and pay for nonmedical essential workers to wear nonmedical-grade face coverings while working. The order specifies that reusable face coverings should be washed once a day,Continue reading “Southern California Workplace Orders”
BUILD CULTURE- CONNECT WITH YOUR REMOTE TEAM
With the sudden and somewhat overwhelming switch to remote work, many are finding ourselves trying to recreate the professional and social environments of our workplaces from our homes. From the awkward uncomfortable Zoom or Skype calls with entire teams to the sudden absence of water cooler talk, participating in the workplace culture now feels likeContinue reading “BUILD CULTURE- CONNECT WITH YOUR REMOTE TEAM”
Understanding the Paycheck Protection Program
As part of the CARES Act passed by Congress on March 26, the federal government is implementing many programs to help businesses. One such program is the Paycheck Protection Program (PPP), meant to incentivize business owners and decisionmakers to keep employees on their payrolls. Like many of the other loans authorized by the CARES Act,Continue reading “Understanding the Paycheck Protection Program”
Working From Home…Beware of Scams!
Companies are continuing to make arrangements for employees to work from home, and others are fast tracking HR policies to meet the requirements of shelter-in-place orders by state officials. These actions are making it an even higher risk for people being targeted by scammers, especially through phishing emails or through an unsecured network connection. EmployeesContinue reading “Working From Home…Beware of Scams!”
