Archive for April 2020

Why You Should Sell Your Business Amid a Pandemic

It seems odd to plan to sell your business now, but that’s exactly what you should do. With a potential recession looming, why should you sell your company now? We spoke with Tampa Busines Broker, Tim Bellon to get his thoughts.  “A few of the big reasons an owner sells their company is because they…

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Pandemic Creates Rare Business Buying Opportunity

$2,000,000,000,000. That’s how much the recent government economic stimulus program will be shelling out in response to the recent pandemic that shut down most of American businesses. The money is meant to keep citizens afloat, employees retained and companies in business. While the well-known programs are the Paycheck Protection Program (PPP) and the Economic Injury…

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Treasury Department Issues Regulations Refining Paycheck Protection Program

The Treasury released its eagerly anticipated regulations implementing the Paycheck Protection Program (PPP). While most of the regulations merely clarify points from the CARES Act (Act), in some instances the regulations created new restrictions and limitations. Below is a brief summary of some of the more noteworthy provisions from the regulations: Lenders may rely only on…

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Quick Reference Guide For Covid-19 Assistance Package / Paycheck Protection Program Application Form and Borrowers PPP Info Sheet

The below guide provides an overview of the key government support initiatives to aid individuals and business owners mitigate the financial impact of the coronavirus pandemic. The information below is subject to change as additional details emerge around how these programs will be implemented. Linked content is deemed to be reliable but not vetted or endorsed for…

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