by Leif Jensen | May 5, 2020 | Running a Business |
I have clients who are deferring all of the bills that they can and paying only those that they absolutely are required to pay. I can’t blame them I am doing a bit of the same myself. All of my insurances come due in April and May, I had them moved from an annual...
by Leif Jensen | May 4, 2020 | Economy |
During the OPEC crisis of the 1970’s, there were gas and meat shortages. Then in December of 1973 Johnny Carson joked about toilet paper shortage. Thus, creating a run on toilet paper in the US, in late 1973 and early 1974. So, our current shortage has some...
by Leif Jensen | Apr 29, 2020 | Running a Business |
It is always a struggle to get small business owners to put themselves on their own payroll. They miserly withdraw funds to live and keep as much money in the business as possible and cover their employee’s payroll faithfully. But now we live in a situation where...
by Leif Jensen | Apr 28, 2020 | Running a Business |
I recently read an article stating that this bailout is for the wealthy, while the poor get a mere $1,200 each. I have a problem with that statement to an extent. While it is true that “wage slaves” will only get $1,200, while the wealthy will not be getting the...
by Leif Jensen | Apr 27, 2020 | Banking |
I have a client who was looking for guidance on how to tackle the SBA assistance programs PPP and EIDL for his situation. He is an independent contractor as his main source of income, and he has been sidelined with the coronavirus. With no income coming in he is a...