Posts

A Few Lessons Entrepreneurs and Small Business Owners Can Learn from the iAnthus Debacle
February 11, 2022

Startup companies eager to accelerate their growth sometimes face tough options—and succumb to questionable decision-making--when it comes to raising capital, and iAnthus, one of early leaders in the booming legal cannabis industry, is the…

A Few Tips for Small Business Owners on Structuring Independent Contractor Relationships
August 12, 2020

Given the potentially disastrous consequences of misclassifying workers—especially considering recent developments under Virginia law that shift certain presumptions against business owners and create private rights of action relating to worker…

Book Recommendation for Small Biz Owners and Organizational Leaders – TouchPoints
June 18, 2020

Thanks to the Covid-19 pandemic and its resulting quarantine, Douglas Conant and Mette Norgaard’s book, TouchPoints, has taken on even more significance than it originally had when first published in 2011. During these unpredictable times,…

SCORE Releases Small Business Reopening Checklist
June 03, 2020

As part of its ongoing efforts to educate and assist small business owners and entrepreneurs across America, SCORE has recently released a helpful checklist of tips and resources for small business owners as they implement their reopening strategies…

How Much Should a PPP Borrower Worry About SBA FAQ Question 31?
May 07, 2020

Small business owners across America have scrambled over the past month to obtain over $5 billion in PPP loans with the promise that such loans will be forgiven if proceeds are used to retain employees and cover certain types of business expenses…

A Few Things Small Business Owners Should Know About PPP Loans
May 07, 2020

The Paycheck Protection Program (PPP) is a massive loan program designed to incentivize small businesses to retain staff during the COVID-19 pandemic. Aside from the immediate infusion of capital to help address short-term cash flow concerns,…

Update for Virginia Small Business Owners on SBA EIDL Loan Program
March 30, 2020

The Virginia Small Business Development Center (SBDC) Network has 27 local centers across the state. You can get free help from SBDC professional business advisors by clicking here. Please contact them directly to schedule a phone call or virtual…

Tough Decision for Small Biz Owners – Do I Downsize My Staff Now or Wait?
March 26, 2020

As perhaps an unintended consequence of the emergency legislation passed by Congress last week, many small business owners might conclude that they need to rush formal termination notices to their employees before April 1, 2020. The Families…

ALERT FOR VIRGINIA SMALL BUSINESS OWNERS
March 23, 2020

The Virginia SBDC network is hosting a webinar TODAY (Monday, March 23) from 2:00-2:45 pm for their partners to review the application process for SBA Economic Injury Disaster Loans (EIDL) available for Virginia small businesses and nonprofits. Click…

A Few Tips for Small Biz Owners on COVID-19 and Staff Telecommuting
March 19, 2020

Well the first quarter has certainly taken an unexpected turn for the entire planet, hasn’t it? A dangerous, stressful, and disruptive time for everyone. Public health and safety rightfully takes top priority; therefore, my first suggestion…