Haven’t you always wondered why we have such a hard time embracing change? Human brains resist change. To our brains, change means risk and risk means danger, and danger can be a saber-tooth tiger and that is a bad thing. So..change is bad. Meanwhile, these brains of ours are always [CONTINUE READING]
Small business owners are keeping a wary eye on two pending pieces of legislation: The STEP Act and the 99.5% Act. The two proposals put forth in the Senate in late March, target inherited wealth. Proposed changes to the STEP act would impact family-owned businesses. It would eliminate stepped-up basis [CONTINUE READING]
Announcing the SBA Gave Out $4.5 Billion in Needless EIDL Loans in 2020 to sole proprietors and independent contractors that didn’t have it coming is pouring more salt on the wound for many small business owners. According to the Office of Inspector General, 15 sole proprietors claimed to have had [CONTINUE READING]
The Office of Inspector General found the Small Business Administration (SBA) provided $4.5 billion more in Emergency EIDL grants to sole proprietors and independent contractors. This was much more than these individuals were entitled to. $4.5 Billion in Needless EIDL Loans Given to Businesses During Pandemic The inspection report by [CONTINUE READING]
The time you or your employees spend counting, sorting, and wrapping coins can be better used. Therefore, having the best coin counter and sorter to keep your change organized is a great investment. Because counting coins manually and wrapping them is a very labor-intensive task. Not only will a coin [CONTINUE READING]
Some small businesses and entrepreneurs, including sole proprietors, C-corporations and some LLCs, don’t have long to file their taxes if they received an extension on filing them earlier this year. Originally due on May 17, filers have until October 15, 2021, to submit their extended 2020 tax year returns. [CONTINUE READING]
Running a bar can be a lucrative business, but once you are up and running it requires maintaining, repairing, and buying commercial bar supplies. Beyond what your customers will consume, you must buy quality supplies that can take the wear and tear of daily use. From glasses to furniture and [CONTINUE READING]
Pinpointing a target audience is one of the most crucial steps in launching any successful business effort, including creating marketing campaigns and increasing sales. However, determining your audience is often much easier said than done. Before you can narrow down your ideal customer, you need to know how to do [CONTINUE READING]
The U.S. Attorney’s Office of the District of Rhode Island has managed to prosecute and sentence the first person charged for fraudulently applying for and receiving COVID relief business loans. David Adler Staveley was sentenced to 56 months in federal prison by U.S. District Court Judge Mary S. McElroy. Staveley [CONTINUE READING]
In the latest trading session, Signet (SIG) closed at $81.62, marking a -0.52% move from the previous day.
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