When the pandemic decided to mess with our businesses, I heard from a number of my B2B professionals and communications firm clients who had gotten comfortable in their office space and had to pull back to work from home. That was a headache … but the Pause gave them time to reflect in a new … Read More
It’s never a dull moment with the Paycheck Protection Program. It changes all the time! Just before the Independence Day holiday, the SBA released a shorter, simplified “EZ” forgiveness application and instructions for Paycheck Protection Program loans. In this short video, I share three qualifications that will allow certain solo and small firms to use … Read More
In addition to the Payroll Protection Program, the SBA extended its Economic Injury Disaster Loan program to cover businesses affected by the Coronavirus. Millions of small business owners rushed to apply … before they knew all the details. After a long wait – and lots of confusion – the SBA is now reaching out to … Read More
We’ve all had a lot to shoulder recently — New Yorkers especially. We’re the epicenter of the Coronavirus. Roughly one out of every eight people killed by the disease in the world lived in the tri-state area. So we’re likely to be in lockdown well after everyone else can start moving about freely. Add to … Read More
On May 15, 2020, the SBA and Treasury Department issued new rules regarding Payroll Protection Program Loan Forgiveness. NOTE: You need to APPLY for loan forgiveness. It isn’t granted automatically. You have until October 31, 2020 to fill out your application. Because this pandemic was unprecedented, the SBA/Treasury and others are building this plane as … Read More
NEWS FLASH: The SBA will consider any Payroll Protection Program loans issued for less than $2 million by definition to have been made in good faith. This new rule was issued MAY 13, 2020. This is a HUGE win for small businesses! Why is that an issue? When submitting a PPP application, solo and small … Read More
The Coronavirus Pandemic has affected more than just jobs. Business deals that were struck just a couple of months ago are unraveling, and for good reason. In this short, 3-minute video, I touch on a couple of legal terms you may be hearing in the news … that might be useful for you as you … Read More
For many of us, our world has been turned upside down. I’ve talked to lots of solo and small firm owners who really wish things could get “back to normal.” But that normal is gone. As the German novelist Thomas Mann wrote, It’s all about getting accustomed to not getting accustomed. In other words, change … Read More
I know how it feels to have the rug pulled out from under you and not know which direction to turn. My younger brother contracted Hodgkin’s Disease when he was 9, at a time when childhood cancers often meant a death sentence. (He survived, thank God!). I graduated from law school in the early 1990s … Read More
These are unprecedented times. Fallout from the Coronavirus may have you feeling uncertain, anxious and even a little fearful. But I bet you also feel the urge to take action and protect the things you’ve worked hard to build. One way to do that is by finding the money that keeps your doors open. How … Read More
As you may know, I live and work on Park Avenue, in the heart of New York City. But right now, The City That Never Sleeps … has gone comatose. So I do what I can each day, and then try to give myself a treat. Like the other night, I was chowing down on … Read More
It’s March 18th, 2020. I don’t know about you, but I’ve had a whole range of feelings about this COVID-19 thing. Not unlike Elisabeth Kubler-Ross’s 5 stages of grief. Denying there’s an issue because hey, I’m healthy and not in a high-risk group. Angry at the panic-inducing a**holes who create a run on basic necessities … Read More
