Your organization’s leadership team no doubt contains a wealth of experience, knowledge and bright ideas. But it might not have all the answers — and, more important, you and your fellow leaders could be unaware of one or more growing problems. T...

As you scale your business, your focus is primarily on new growth opportunities, building your brand and executing your business strategy. After a while, keeping track of all the day-to-day business operations gets tedious. Without a system of checks...

Last week, Governor Whitmer announced Michigan has launched a new Afflicted Business Relief grant program, totaling $409 million in funds for businesses continuing to suffer hardships from the COVID-19 pandemic. Under this program, eligible businesse...

Commercial loans, particularly small business loans, have been in the news over the past year or so. The federal government’s Paycheck Protection Program (PPP) has been helpful to many companies, though fraught with administrative challenges. As yo...

Business owners that took out a first-round Paycheck Protection Program (PPP) loan that had a 24-week covered period should consider applying for loan forgiveness – and soon. If not, the loan may become permanent and you will be held responsible fo...

Yesterday, the U.S. Small Business Administration (SBA) announced its plan to launch a streamlined application portal for Paycheck Protection Program (PPP) borrowers with loans of $150,000 or less to apply for loan forgiveness directly through the SB...

The Small Business Administration (SBA) recently extended the application deadline for its new Community Navigator Pilot Program through July 23, 2021. Established by the American Rescue Plan Act of 2021, this new initiative will leverage a community...

On July 9, the Small Business Administration (SBA) announced it has rescinded its requirement for Paycheck Protection Program (PPP) borrowers with loans greater than $2 million to complete a loan necessity questionnaire. This change was made effectiv...