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5 Pivotal Business Hygiene Lessons Learned From the PPP

A 30, 60, or 90-day cash flow forecast
Updated tax filings
2. Pay yourself.
As many sole proprietors discovered when applying for a PPP loan, not paying themselves a salary or even paying themselves too modestly, came back to bite them. The PPP is, at its core, a payroll support program. So if you didn t have much of a payroll that is, you didn t pay yourself well or you primarily hired 1099 contractors, among other reasons you didn t qualify for as much. This is the reason why some founders landed $1 PPP loans, for instance.
While there s no telling now if this program will get trotted out again in a future crisis, it just might. So, do your future self a favor and cut yourself a decent check. You can dump [it] right back into the business if you need to, says Chelsie Kugler, vice president of business development at CFOshare, an accounting firm based in Denver. But giving yourself a paycheck, and keeping a record of it, should be a priority, she says ....

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Numerated Named "Best Overall Business Lending Company" in 2021 FinTech Breakthrough Awards Program

Numerated Named “Best Overall Business Lending Company” in 2021 FinTech Breakthrough Awards Program
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Numerated has been named the 2021 Best Overall Business Lending Company by FinTech Breakthrough.
Numerated is breaking through the fintech space again this year by extending its technology to even more areas of business banking and innovating quickly to help banks and credit unions address the COVID-19 pandemic.
BOSTON (PRWEB)
March 16, 2021
Numerated, the fast-growing fintech leading the digitization of business lending at banks and credit unions, has been selected as the winner of the “Best Overall Business Lending Company” award in the fifth-annual FinTech Breakthrough Awards program. The award is presented by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market to ....

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Setting your company up for success in 2021

Setting your company up for success in 2021
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Illustration by bowie15
COVID-19 forced businesses to rethink multiple facets of their operations, and in some cases to recast them repeatedly, in response to the disease’s shifting geography, Whac-a-mole switches in rules and regulations, and huge changes in customer behavior and the way we work. Last year, we wrote about several of these trends, and the need for leaders to use design thinking to create the customer and employee experiences that would sustain their company through the pandemic.
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by Bhushan Sethi and Jean-François Marti
Today, as vaccines are rolled out around the world (granted, at various degrees of speed and scale), people can start to imagine finding some stability. For the leaders who have been in response mode, it’s time to stop winging it and make a flight plan. Here are four actions companies can take to help improve customer experience, operations, and pro ....

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