Collections process efficiency is important during the COVID-19 crisis. As a startup you need to have as much cash on hand as possible.
Start reducing costs now due to the COVID-19 crisis. Work on having a 24+ month cash runway along with implementing these strategies.
COVID-19 Scenario Planning for Startups – 1 of 3 articles on COVID-19 planning for startups. Templates included along with the approach and framework.
Important clarifications in Burkland’s Covid-19 Resource Center on payroll taxes for startups who applied for PPP loans.
The latest (4/9) Treasury Department clarification regarding shareholder affiliation, salary caps plus the lastest listing of banks participating in the CARES act.
Latest (4-7-2020) CARES Act and PPP info summarized with the new critical developments. Payroll costs do not include independent contractor costs.
The U.S. Treasury Department published an Interim Final Rule on April 2, 2020, that clarified many of the outstanding questions regarding the Paycheck Protection Program (PPP) loans envisioned in the …