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Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

This article explains your options for cash-flow relief, whether you need it immediately or in the near future, and how to get it. There are several ways to get some cash-flow relief to help you pay your bills in the near term as a result of the $2 trillion CARES Act: 1. A loan from the Small Business Administration 3.

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Empowering Small Business Growth Through Consulting

Business Consulting Agency

Small businesses are the backbone of economies worldwide, driving innovation, creating jobs, and contributing significantly to local communities. However, navigating the complexities of business operations, strategic planning, and growth can be challenging for small business owners.

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The Corona Virus for Small Businesses

Consultant Journal

How should small business owners manage the corona virus, aka COVID-19 ? At Consultant Journal, we know many entrepreneurs, small business owners and consultants wonder about the business impact. Take a look at your cash flow and what a change to sales or staffing could do.

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Setting Up a Foundation for Consulting Success

Successful Independent Consulting

These business expenses will be deducted from your gross earnings to lower your taxable income. If you can, pay your health insurance with this same card since it too will be tax deductible. Investigate and obtain necessary business licenses and permits. The Small Business Administration is a good place to start.

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Fraud or Just Marketing

Martinka Consulting

In my world of small business buy-sell there are almost as many ways to inflate a business’s income as there are on Wall Street. What this means is the owner’s salary, medical insurance, cell phone, car, travel, and more are added to profit because these items are “discretionary” not necessary.

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Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business

Small businesses and young businesses are especially vulnerable. Census Bureau shows that these businesses were more likely than the average business to close permanently after Hurricane Katrina, for example. Second, young businesses tend to grow faster than older ones, but also fail at greater rates.

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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business

Lending to small and medium-sized businesses is ready to move online. Small businesses are starting to demand banking services that have engaging web and mobile user experiences, on par with the technologies they use in their personal lives. The problem is that about 60% of small businesses want loans below $100,000.

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