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Category: Business Tips

Small Business Grants - Is a Forgiven PPP Loan Taxable?
The PPP (Payroll Protection Program) has helped sustain many small businesses during COVID. It was easily one of the most sought after disaster funding programs. The main reason is that unlike many small business grants if all the requirements are met, a PPP loan can be forgiven. According to a September 2020 report by PYMNTS.com, […]
Confused About PPP Loan Forgiveness? Understanding the Guidelines
Many small businesses have applied and received funding via the Payroll Protection Plan (PPP). As part of the federal stimulus package, PPP loans can potentially be forgiven. However, there are PPP loan forgiveness guidelines that must be followed. The funds must be used within a specific time period and only for certain business expenses for […]
Post-COVID Business Diversification - Consider eCommerce Dropshipping
The key for many businesses struggling to survive the economic impact of COVID is business diversification. Self-quarantine and social distancing have caused a major decline in foot traffic for brick and mortar businesses. This has caused many to expand their business into the eCommerce marketplace. While this type of business diversification is a smart move […]

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