In a recent interview with The Business Journals, the SBA stated that it plans to make details of PPP loans public, in alignment with the U.S. District Court’s ruling last November. SBA Administrator Isabel Guzman stated in the interview that “There is no intent to...
An LLC should run like a reliable car—without hitches and hiccups that could interrupt business and put company assets at risk. Maintenance and fine-tuning of an LLC’s organizational form should also be as routine as car maintenance. As such, it is important to check...
A long-awaited and welcome piece of the recent stimulus package is directly pointed at the restaurant and hospitality industries. Billions of dollars in federal grant money will be available to privately owned hospitality businesses through the $1.9 trillion COVID...
The American Rescue Plan Act of 2021, passed by the House on Wednesday and signed into law Thursday by President Joe Biden, will bring a flood of much-needed funds into the state of Ohio – and Cleveland, in particular. The $1.9 trillion COVID relief bill allocates...
Earlier this year, Congress passed the Corporate Transparency Act (CTA), which will require certain small businesses to identify and disclose information about their owners. While the purpose of the law is to help stop money laundering (by inhibiting the abuse of...
At this point, almost everyone in the U.S. has taken note of the ongoing battles concerning GameStop stock, Reddit and hedge funds. For once, America seems to finally agree about something: much of the market looks like it’s a bubble. Before getting into details on...
There were almost 31 million small businesses in the United States in 2019. Entrepreneurs know that starting a business is full of difficult decisions, such as assessing the need for legal counsel. Startups can fear getting attorneys involved because attorneys look to...
Private companies seeking to raise capital by selling equity to investors must structure the raise so that it is not considered a public offering under the Securities Act of 1933 unless they are prepared to undergo the cost and expense of an IPO. The most commonly...
Following the deaths of George Floyd, Breonna Taylor and Ahmaud Arbery, along with the resulting social unrest, there has been a renewed focus on issues of racial diversity, equality and inclusion. In the business world, investors have turned their attention to the...
By Samir Dahman & Alexis Preskar If there are two things Americans love, it’s capitalism and sports. However, the current college sports model eschews a competitive market in favor of a monopoly for universities and the NCAA. Recently, states and students have...