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Pro Forma Financial Statements – Are You Prepared for the Worst?

Playing the “what if” game can be dangerous, but sometimes it is a necessity. Pro forma financial statements enable businesses to perform at their best by preparing for the worst. Whether a company is going to market or introducing a new product, both the ideal and worst-case scenarios should be considered. Developing pro forma financial....

Paycheck Protection Program – Do you qualify for a new PPP Loan?

Paycheck Protection Program (PPP) loans have helped many small businesses stay in operation during the COVID-19 pandemic. As the impact of the pandemic is still being felt across the country, new measures are being taken for small business relief. More than $284 billion is budgeted for a new round of PPP loans through the CARES....

For most startups, the focus is on growth. Unfortunately, many entrepreneurs are not well-versed in accounting methods and early financial decisions can greatly impact the long-term success of a business. When starting a business, it is crucial to establish strong, sustainable financial practices from the beginning. Leaving these decisions for later can cause significant challenges....

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