Financial New for Everyone
By Sandra Hayes American small businesses are facing unprecedented challenges to their survival. This economy is at its worst state in over 70 years, with some families facing losses similar to what happened during the Great Depression. Everything changed in March 2020. With most state governments restricting business access because of the COVID-19 outbreak, unemployment numbers surged to …
By Sandra Hayes Whether you’re a sole proprietor, LLC, or corporation, April is tax month. Although you can file for an extension, the U.S. government isn’t changing the deadline this year. You’ll need to have everything ready to go for your business by April 15. If you operate on a different fiscal year, the IRS needs you to …
By Sandra Hayes As businesses underwent their digital transformations to survive in 2020, one of the emerging tools that became quite popular was Zoom. Although Zoom was already available, its meeting software with multiple windows made it much easier to collaborate, communicate, and manage business functions. Entrepreneurs are still using this technology for everything from teaching martial arts …
By Sandra Hayes Most companies find themselves dealing with departmental silos. These team-based or individualized preferences to stay in a bubble wreak havoc with communication and productivity. If that disconnect affects revenue, it can be impossible to scale a business appropriately. That’s why revenue operations is the fastest-growing job within the Software as a Service (SaaS) industry. It …
By Sandra Hayes If you have some extra money in your pocket after everything that happened in 2020, consider yourself lucky. Almost 10 million people in the United States face an increased risk of eviction and foreclosure because their jobs and opportunities evaporated due to the coronavirus pandemic. When you have money available to invest, you can achieve …
By Sandra Hayes After Congress passed the CARES Act in 2020 to respond to the COVID-19 crisis, eligible people received a $600 bonus to their unemployment benefits. If you qualified to apply for this resource, the federal government supplied another $600 on top of whatever you received locally. The benefits from the CARES Act applied to all 50 …
By Sandra Hayes The COVID-19 pandemic tragedy seems like it might eventually come to an end as vaccines get announced. Some families are still trying to recover from the economic downturns in 2020 that were the worst circumstances for some since the Great Depression. With global energy use falling by at least 6% because of fewer transportation needs, …
By Sandra Hayes Joe Biden says he’d like to see more stimulus funds reach Americans. Mitch McConnell repetitively mentions that he’s open to the idea of a $500 billion plan, while Nancy Pelosi is thinking of having something close to $2 trillion. What will happen to the potential for stimulus funding in 2021? The uncertainty we have regarding …
By Sandra Hayes When most Americans received their $1,200 stimulus checks, the money went to alcohol, legal marijuana, and credit card payments. Those that had more liberties with their money spent the cash on health and wellness products. Brands like BrainMD, Numedica, and Terry Naturally got a significant boost. A few families tucked their money into savings for …
By Sandra Hayes If you don’t mind having some risk in your life, stocks are always one of the best options for your money. By purchasing equity in a company, you can take advantage of its growth. When dividends come your way, that means your portfolio continues growing because you can keep reinvesting those earnings. The S&P 500 …