What We Currently Know About PPP Loan Forgiveness

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What Are the Basic Rules of Processing PPP Loan Forgiveness? PPP Loan Proceeds PPP loan proceeds (plus accrued interest on the loan) are forgivable as long as they are expended on the following expenses incurred and paid during the eight-week period starting the day the proceeds are deposited to the borrower’s account from the lender. 1) payroll […]

We Stand With Our Community

As we continue to witness the division that plagues our Country, I want to candidly express our sentiments and how we recognize our responsibility to take action. Firstly, our deepest condolences are with the families of George Floyd, Ahmaud Arbery, Breonna Taylor, and countless others taunted with racial discrimination over decades. I am heartbroken—and embarrassed […]

Important Updates Regarding PPP Loan Forgiveness

Last Friday, the Small Business Administration (SBA) released guidelines for PPP Loan Forgiveness which entails critical information in facilitating the proper calculation.  Here’s What to Consider Covered Period The 8-week period in which the funds are to be used begins on the date of funding There is a provision to allow for an Alternative Covered […]

COVID Business Impact: Understanding the Family First Coronavirus Act

        New bills require covered employers to offer increased benefits       Benefits are designed to be reimbursed via tax credits       Specificities are still pending from government       Actions required for all businesses   Overview of the Family First Coronavirus Act These past few weeks have presented a storm […]

Are You Financially Ready to Launch Your Beverage Startup?

You make a beverage you love and that your friends, family or customers always request. Seeing that product on shelves with your own custom label would be one of the one of the coolest and most rewarding experiences for any entrepreneur. While the idea of starting your own beverage company might seem like a major […]

5 Ways Your Beverage Business Would Benefit from Cloud Accounting Software

As a specialty beverage retailer, you have some unique challenges, both in-house and customer-facing. You’re selling a premium product, so your customers are expecting a premium experience. Does your business feel well polished and high end? Are transactions painless and modern? Does the physical vibe of your space match the personality of your offerings? And […]

5 Benefits of Moving to Cloud Accounting

Do you know people that run their business and it seems they never get caught up in the paperwork, clutter and mess you seem to find yourself in everyday? How did they get to this magical place? They very likely had help. As a retailer you have many things to consider: inventory, point-of-sale systems, e-commerce, […]

5 Cheaper Ways to Advertise Your Business

Advertising is an essential component of success for any business. Proper advertising ensures more sales, but if you choose the wrong options, it can be a very expensive proposition. Let’s look at five ways you can reduce your business’s advertising expenditure without affecting your results. Referrals A referral program encourages your current customers to send […]

7 Ways to Improve Workplace Productivity

The success of any business, large or small, depends largely on nurturing an efficient, productive workplace. While improving employee productivity should be always be a priority when the ultimate goal is a sustainable and profitable business, the process is easier said than done. Below are some of the most effective methods of managing a productive, […]

How to Attract and Retain Top Talent

The best companies attract and retain top talent. Finding the best people takes time, but it is an investment that can save you money over the long haul. The more effort you put into finding the right people, the less likely that they will move on when another opportunity arises. Here are some strategies for […]