By Gerri Detweiler – Guest Contributor You’ve gotten your PPP loan, spent it properly, and hopefully qualify for full forgiveness. Congratulations! What’s next? Here are six steps you can take now, after your PPP loan, to help ensure your business continues on the road to recovery. Get a Grip On […]
Tag: pandemic
COVID relief: Shuttered Venue Operators Grant program opens. What you need to know
UPDATE: The SBA ran into technical difficulties and has paused the Shuttered Venue Operators Grant Program while it works with the vendor to reopen the program. The Small Business Administration i launched its $16.25 billion Shuttered Venue Operators Grant program today, but the application process will go in steps. The […]
COVID relief: SBA issues new PPP guidance aimed at smallest businesses
U.S. Small Business Administration on Wednesday released new guidance on the changes to the Paycheck Protection Program. The changes to the popular program focus on reaching the hardest-hit businesses. Here’s what you need to know about the changes in the final month of the PPP application period unless the program gets […]
Against the odds, Cheeseburger Baby owner says ‘I’m going to find a way’
The year 2020 kicked off like a winner for Cheeseburger Baby. The Super Bowl, the Miami International Boat Show and the South Beach Wine and Food Festival were huge for the small Miami Beach business known for its tasty classic-style burgers and accompaniments that have served celebrities, residents, workers and […]
COVID relief update: The lowdown on PPP loan forgiveness, as it stands now
Small businesses eager to have their SBA Paycheck Protection Program loans forgiven could begin receiving forgiveness decisions in the coming weeks. That may ease the fears small businesses worried that they may be on the hook for the money when they are barely holding on through this coronavirus crisis. But […]
Two views on small business survival in the pandemic world
“This is the worst small-business crisis of my lifetime, and I’ve seen a number of tough moments,” said Karen G. Mills, who led the U.S. Small Business Administration from 2009 to 2013. “I’m quite concerned that we haven’t even seen the tip of the iceberg of business closures.” In the […]
‘Cash flow is king.’ Be proactive, not reactive, to save your business
This month on Growbiz, we have been looking at smart strategies for generating and managing your cash flow during this crisis. As we have pointed out, to effectively manage cash flow, you need to go line by line and dig deep in all the areas of the business – sales, […]
Fish Level Corp focuses on customer needs and reels in a big revenue stream
Timing is everything at Fish Level Corp. Samy Fischer’s small business is a 24- hour operation, with his processing team starting work at 1 am to ensure morning deliveries of more than 1,000 pounds of 16 varieties of fish, always fresh, to his clients at restaurants, supermarkets and homes. Then […]