On May 13, the Small Business Administration (SBA) released additional guidance addressing the good-faith certification made by PPP borrowers that “[c]urrent economic uncertainty makes this loan request necessary to support the ongoing operations of the Applicant.”
Don’t let the pandemic go to waste. Capture the positive elements of decision-making that are delineated below and make them part of your operating system for good.
The COVID-19 pandemic has made it difficult to plan for the future right now. However, there is no better time than right now to think about your financial future and evaluate where you are today and where you want to be in the years to come.
For too many, a criminal record of any severity dramatically limits employment and housing opportunities, preventing them from realizing their full potential and contributing to the economy.
Great salespeople have several traits in common. But the thing that makes customers feel truly understood is when your company culture matches their own values and culture.
Regardless of how many Zoom cocktail hours you’ve held, that slight fluttering sound you hear might be the magic seeping out of your team. Broken leaders and dysfunctional teams must be reinvigorated to achieve success.
The illusion of control is the tendency for people to overestimate their ability to control events. To achieve superior lifetime investment performance, we need to focus on the three elements we do control: savings, asset allocation, and our own investing behavior.
Whether you are a high-level manager looking to find creative solutions to help your firm or a small business-owner looking to keep your doors open and grow, creative problem solving is of the utmost importance during uncertain times.
The U.S. has experienced 10 recessions since 1950. Each historical recession/recovery cycle had unique components, such as inflation or oil shocks, yet each cycle had common characteristics such as monetary and fiscal stimulus. Historical recessions/recoveries cycles have taken several patterns, so the question is: what will this recovery look like?
This new reality may have financial consequences that affect child support and maintenance payments. Under Colorado law, these payment obligations can be modified when there is a “continuing and substantial” change in circumstances.
Most business insurance policies will have at least three kinds of coverages to pay for the loss of business income: property, dependent property and civil authority. Whether there is coverage or not will depend on the language in each policy and the facts of a loss.
While there’s some truth to the old adage that you can’t make money without spending money, there are still plenty of actions you can take that cost little to nothing while building and maintaining a rapport with your business partners.
What do geologists, cyclists, Air Force Academy cadets and the Denver Broncos have in common? Besides being quintessentially Colorado, they are all benefiting from inventions patented by companies right here in the Rocky Mountain region.
Separately and combined, legal and market factors are impacting everybody. People that are involved in commercial real estate, in any capacity, need to navigate these factors to survive now and take advantage of opportunities in the future.
The way employees and employers are communicating, behaving, working and measuring results have changed rapidly over the last month. For CEOs, this presents an interesting challenge: What changes are you going to carry with you in the long term? It’s important for them to consider the following.
Whatever situation you find yourself and your organization in, here are few leadership tips for both the short-term and long-term to help navigate social distancing and business in the “new normal.”
As any small business owner or entrepreneur knows, running a business has its ups and downs and requires tenacity, perseverance, patience and innovation on the path to continued success. Here is what several long-standing businesses have learned about keeping your business up and running during challenging times.
Currently, investors believe Federal Reserve intervention is working because the stock market has stabilized and is now at the higher end of a recent trading range. However, it is hard to believe the worst is over for the markets, considering the millions of unemployed Americans, no earnings guidance from U.S. companies for the foreseeable future and a massive drop in oil prices.
Marketers have had to completely rethink what they say, to whom, and how they say it. The stakes have never been greater. Here are several tips and tricks to help guide your marketing strategy amid the pandemic.
Colorado has officially moved from phase one (stay at home) of our COVID-19 Response to phase two (safer at home). What does the second phase look like? Which businesses will open? And when will everything return to normal?
Cows run from storms, buffalo's run towards the storm and through it. Are you a buffalo or a cow? The choice is yours and will make all the difference in the outcomes you experience.
The trajectory of COVID-19 remains uncertain around the world. Published spending cuts typically impact employee headcount and whether or not this pandemic results in the layoff of one or hundreds of individuals, how employees are treated during this time can pay long-term dividends to a company’s future brand and recruiting efforts when the market does recover.
Here’s the truth: although nobody wants to think or talk about it, considering what would happen to your business upon your death or in the event of your incapacity is one of the single-most important things you can do for your business.
When the good times are back, you will still be dealing with the same skills and inventory shortages and competing to win the best talent. Even in hard times, the best people are in demand. Don’t wait for an opening to reach out to them. You need to cultivate good talent over time.
