This blog is written in the wake of COVID-19, but the principles can be used at any time to help small businesses analyze and optimize cost structures. Analyzing and understanding…
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One option for a struggling business during this time of uncertainty is an Express Bridge Loan (EBL). Express Bridge Loans provide expedited SBA-guaranteed bridge loan financing on an emergency basis…
In light of losses suffered due to the impact of COVID-19, businesses may apply for special loans from the Small Business Administration (SBA) under its Economic Impact Disaster Loan program…
The Families First Coronavirus Response Act was one of the first bills passed to support employees affected by the coronavirus (COVID-19). Here is a quick summary. Qualification You qualify for…
With the passing of the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27, 2020 there is a new loan program for small business: Paycheck Protection Program. We recommend that every small business affected by…
This blog is a summary of our first webinar, “Business Financial Health Check” in the series “6 Financial Actions for Business Survival During Economic Crisis”. You can view the recording…
With the school closures, quarantines, and social distancing happening in many communities, we are seeing many businesses impacted by COVID-19 including some of our own customers. The impact is on…
Remote work is becoming more and more common. For some, it’s a big change. A lot of companies are still figuring out how to be effective with remote employees. Here…
Xero and QuickBooks Online (QBO) are known as the leaders in cloud accounting software. Small businesses may start with spreadsheets or other less-robust accounting software (FreshBooks, Wave, etc.). But at…
Expensify is an app that we like to use as accountants here at LedgerGurus. The app accomplishes three main things regarding expense management: Reporting of expenses Approval of expenses Reimbursements…
