Weekly Flash Briefing 5/4/2020

Posted by Drew Creekmur, MSPFP on 2:57 PM on May 4, 2020

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Crisis Management for Small Business Owners

During this recent period of "shelter in place" orders across the nation, many small business owners have experienced immediate impact in both revenue and day-to-day operations. In an effort to provide financial assistance for these businesses, the government passed several fiscal support packages to be administered through the Small Business Administration. Unfortunately, due to extremely high demand for these grants and loans, many businesses were unable to secure financing. And, of those who have received a loan, some business owners report uncertainty as to the terms and conditions surrounding how to spend the funds.1

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Topics: Financial Planning, Planning, small business owner, small business

Small Business Owners: The Future Might Not Be All That Uncertain

Posted by Creekmur Staff on 7:15 AM on November 14, 2019

Do you find it difficult to plan as a small business owner?


If you are like most small business owners, you find it difficult to plan because your future has more unknowns than your non-business-owning counterparts. You might not know how much your business is worth, when you should sell, where to find the right buyer, how to fetch the best price, or even how much insurance to carry. If you have a family business or operate with a partner, you also have additional layers of both complexity and ambiguity.


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Topics: Financial Planning, Planning, small business owner, small business

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