Most business owners carry a rough estimate of what their company is worth, but that mental number is not a valuation, and the gap between the two can be costly. A formal, methodology-based business valuation is required in a wide range of situations, including selling or transferring a business, estate planning, lending, divorce, equity compensation, and shareholder disputes. Working with a credentialed valuator and involving your CPA early ensures the resulting number is defensible when it matters most.
Tag: SBA
SBA Releases Guidance on Self-Employed Individuals and the Paycheck Protection Program
On April 14th, the US Treasury released interim final rules regarding the eligibility and requirements for self-employed individuals to participate in the Paycheck Protection Program (PPP). Here are certain key highlights and considerations: To be eligible for the PPP you must satisfy four requirements: You were in operation on February 15, 2020, You must be… [keep reading…]
Small Business Administration Releases FAQs on Paycheck Protection Program Loans
The US Treasury and the Small Business Administration (SBA) released FAQs addressing certain questions regarding the Paycheck Protection Program (PPP). The 29-point FAQs can be found here: https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf Notable highlights of the FAQs include: Payroll costs are calculated on a gross basis without regard to federal taxes imposed or withheld, such as the employee’s and… [keep reading…]
SBA Loan Program and Application Process
The Small Business Administration (SBA) has expanded its Economic Injury Disaster Loan program to provide working capital loans of up to $2 million to give much needed economic relief and support to small businesses across the country. To learn how you can apply for a loan keep reading and if you have any questions please… [keep reading…]