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Business Survival in Late 2020
Today, one thing most people will agree upon is that the world in late 2020 is vastly different than the one we lived in a hundred years ago… or was it January? This change covers most areas of life and our economy. Businesses have also been impacted in an...
How to Stay Competitive in the Age of COVID
Consumers have been moving more of their purchases online even before the pandemic hit. However, when COVID-19 did hit the move to online purchasing accelerated at such a clip that it is leaving some brick and mortar businesses wondering how they can compete without a...
The United States-Mexico-Canada Agreement
What is the United States-Mexico-Canada Agreement? The United States-Mexico-Canada Agreement (USMCA) is an updated version of the nearly 25-year-old, trillion-dollar North American Free Trade Agreement (NAFTA). It includes major changes on cars and new policies on...
Post-COVID-19 Financial Management
The COVID-19 pandemic that has descended on the entire world has shed a bright light on the need for paying attention to the financial side of a business. Those businesses that had a reserve established to cover operating expenses have been better equipped to handle...
Funding for Small Business Research and Prototypes
Did you know the Soviet Union’s launch of Sputnik, the world’s first human-made satellite in 1957, lead to modifications in the US government’s purchase policy with the creation of what is now called Other Transactional Authority (OTA)? In 1958, the United States...
How COVID-19 Affects Current Business Trends
The recent COVID-19 pandemic and resulting public health orders have closed or limited operations for small businesses throughout the state, creating uncertainty among both consumers and business owners. As the country begins to reopen, business owners are rethinking...
Writing an Effective Capability Statement for Government Contractors
Small businesses in every industry can potentially expand their markets by selling their products or services to government agencies and a big part of this is developing an effective capability statement. What is a Capability Statement? A capability statement is...
Paycheck Protection Program Safe Harbor Guidance
On May 13, the U.S. Small Business Administration (SBA) issued guidance for small businesses receiving less than $2 million of Paycheck Protection Program (PPP) funding. The U.S. Treasury in coordination with the Small Business Administration issued “safe harbor”...
Coping and Recovery: Beyond the Numbers
We’ve clearly heard that the greatest challenges you face during these times are financial pressures. And while numbers ultimately drive the success of your small business, there are other aspects to consider as you cope with the ongoing pandemic and ultimate...
