ppp
This article discusses some of the key changes the Biden administration is making to the application process of the paycheck protection program. Specifically, Monday started a two-week period in which only businesses that have less than 20 employees are able to apply for the loan. Additionally, changes to the loan calculation formula are going to [...]
Farkouh, Furman & Faccio (“FF&F”) and Alliott Global Alliance (“AGA”), the international alliance of law and accounting firms of which FF&F is the New York member accountancy firm, recently partnered with BritishAmerican Business to host a webinar for the leading transatlantic trade association’s business community. Against the backdrop of the disruptions brought on by COVID-19, [...]
family business success
This article discusses how important family businesses are to the economy of the United States. However, "70% of family businesses last just one generation before they either fail or are sold." Succession planning can be difficult at times, but implementing strategies such as narrowing your target, taking a step back, and measuring everything can prove [...]
business identity theft
This article dives deep into the concept of business identity theft, as well as preventive measures that you can take in order to reduce the potential fallout. For example, one piece of advice is to "hire forensic accountants to look at your books...and frequently.” Along with bringing on a forensic accountant, investing in security can [...]
PPP loan
This article discusses and addresses the uncertain times that businesses are living through right now due to the coronavirus pandemic. With the passing of the Paycheck Protection Program, there are many things to consider when applying for this government aid. For example, knowing the guidelines are not set in stone, tax burdens, tax-deductibility, and a [...]
marketing
This article outlines and then continues to dive into detail about seven marketing tips for your start-up business. As a start-up, funds can be limited, but tips such as solidifying your brand, staying true to yourself, clearly define your goals and metrics, budgeting, and social media usage can all benefit your business. Be sure to [...]
family business
This article acknowledges and discusses the portrayal that the media gives us of family businesses. Although this industry operates on the more risky side, the owners of family businesses possess a unique decision making power. Additionally, this article outlines the different types of models that you may want to incorporate inside your family business as [...]
Main Street Lending Program Provides Working Capital for Small Businesses

The Main Street Lending Program is designed to help credit flow to small and medium-sized businesses and nonprofit organizations that were in sound financial condition before the onset of the COVID-19 crisis, but now need loans to help maintain their operations until they have recovered from, or adapted to, the impacts of the pandemic. Loans […]

Small Business Funds from Virus Aid Package is Dwindling

As the country and even the world shift their attention to the seeming long-lasting impact of the Coronavirus, updates appear to be coming out each day. Whether the impact is on a global, national or individual industry level, this pandemic is already changing the way businesses are operating on a day-to-day basis. As a small […]

This article discusses how family business owners have to decide whether to sell their business or hand it down when they want to retire. Both sides have their advantages such as retirement funding and ensuring family well-being for a specific amount of time. However, there is no doubt this is a hard decision for many […]