Succession planning is essential for business owners to ensure that their business will survive, if not thrive, through a transition of leadership. In this video, we’ll cover why you need a plan and key components of a plan.
On June 5th, the president signed the Paycheck Protection Program Flexibility Act of 2020 into law, which among other things, helps borrowers maximize their potential for loan forgiveness. Here’s a great video that covers the major provisions of the new law.
The SBA recently released the PPP loan forgiveness application which provides guidelines on what expenses are eligible for forgiveness. Here’s a great video overview of the new guidelines.