Blog
Hey Hampton Roads Business Owners, Do You Understand The Value of Time?
How are you and your Hampton Roads business hanging in there these days? I'd be interested in what kind of revenue you're managing (unless you've already given us visibility into your books -- I can see for myself).Shoot me an email, and let me know. I might have some...
Customer Value Represents The True Value For A Business In Hampton Roads
The nation keeps roiling, and life for many of your Hampton Roads customers might take longer than anticipated to get back to "normal".For some, they might not actually want to get back to whatever that "normal" was before all of this. Some of this change might be...
Good News for Hampton Roads Businesses About
Just when we thought that the business-related news might slow down for Hampton Roads business owners...Not only are unemployment numbers improving (much to the surprise and delight of the stock markets), but ...Congress passed, and the President has signed a bill...
Steve Kallam’s Four Steps To Properly Handle Upset Customers
2020 has been ... something.Maybe, if we're all fortunate, the SpaceX launch will be the best thing to come out of this season.Because there is simply pain all around right now. I said this in another place, but it's overwhelming, as someone who has to communicate to...
For The Sake of Your Hampton Roads Business, Don’t Navigate This Extended Tax Season Alone
...don't navigate this season alone.The more we learn about the nuances of PPP forgiveness, EIDL regulations, the Employee Retention credit (an alternative, payroll-tax-specific way to save cash for your Hampton Roads business) ... well, the more that we discover that...
Big PPP Loans Forgiveness Update From The IRS For Hampton Roads Businesses
Are you tired of talking and thinking about the PPP? Because I'm tired of talking and thinking about the PPP.That said -- this program has been a lifesaver for a variety of my Hampton Roads clients, and it has provided a great shot in the arm for others.And, well ......
A Big IRS Update For Hampton Roads Businesses On Using The PPP Loan Funds
Well, if you were wise, you probably saw this coming.Turns out ... if you received a PPP loan, that the expenses you pay from the proceeds of this (forgivable) loan ... are not deductible for Hampton Roads businesses.Ouch.The IRS just released new guidance to this end...
Should Your Hampton Roads Business Consider Returning The PPP Loan?
There has been a lot of recent talk about the PPP money, who got it, who didn't, and even if some companies should pay it back.I have some thoughts on this but ultimately, you will have to make this decision.It's an easy decision if you desperately needed it. And if...
An SBA Funding Update And Four Scenarios Your Hampton Roads Business Could Be In
The second round of PPP funding began this Monday at 9:30AM Eastern.This funding was $322B (as opposed to the first at around $349B). The first round of $349B funded 1.6MM business.As for those who were waiting on that first round, the SBA hasn't shared recent...
What Your Hampton Roads Business Should Do If They Received PPP Funding
I promise that one day I'll write to you and my Hampton Roads area readers about matters other than government aid, the CARES Act, PPP/EIDL, and whatnot.But as we all keep saying: these are extraordinary times. Pick your cliche -- it all fits right now.But here is a...
Five Ways To Get Small Business Help Right Now For Your Hampton Roads Business
I'd like to simplify things for you today.There is so. much. noise. right now about how to survive (even thrive) in the midst of this very difficult season."Pivot" they say.And yes, if you are running a business, these times call for a bit of a shift. Only a very...
What Does The CARES Act Mean For Your Hampton Roads Small Business?
These days are moving VERY quickly, and we are working VERY hard to get communication out to our Hampton Roads clients and friends.You probably already heard that the CARES Act (the mammoth 880+ page disaster relief bill) was signed over the weekend, and help IS...
