William Rogers Company Blog

What is an SBA 7a loan? An SBA 7a loan is an SBA-backed loan through a private lender. There are several types of SBA 7a loans, including the Standard 7a loan, the 7a Small Loan, the SBA Express Loan, and more. When people say, “SBA Loan,” they are typically referring to this popular program. A… Continue reading COVID-19 Relief Series, Part 3: What is an SBA 7a Loan?

NOTICE: Per the SBA, the Paycheck Protection Program is currently on hold, as the money has run out. The Senate passed a $484 billion bill that includes an additional $310 billion for the Paycheck Protection Program. It now goes to the House and then to the President who indicated that he would sign it. What… Continue reading COVID-19 Relief Series, Part 2: Paycheck Protection Program

What Is the CARES Act? The CARES Act is the Coronavirus Aid, Relief, and Economic Security Act. The bottom line is that the CARES Act was passed by Congress in order to help Small Businesses through the turbulent COVID-19 economy. The goal of the CARES Act is to help small businesses survive uncertain economic times.… Continue reading COVID-19 Relief Series, Part 1: The CARES Act

It’s only been a few weeks of this coronavirus pandemic. But it feels like a decade since it started. Many business owners have been affected by official orders, have seen customers disappear and are fearful of their future. It’s time to start taking action and doing what we can to make it through this. To… Continue reading The ASCEND Small Business Coronavirus Survival Plan

Imagine that you don’t have to worry about your books, your cash flows, or your taxes. Well, that’s what a good accountant will do for you. Small business owners often feel stressed over their business’ financial standing, and things start to spiral out of control from there. Put your business in a position to save… Continue reading When To Hire an Accountant for your Small Business

Tax preparation is the best way to minimize your small business taxes. Whether it is done by tax professionals or you do it yourself, you want to organize your documents and update your tax strategy, so that you can take advantage of tax policies designed to save your hard-earned profits. Business Formation and Taxes The… Continue reading How to Minimize Your Small Business Taxes: It’s Time to Prepare

When your company culture suffers, so does your business, from team morale to productivity, to the bottom line. Consider how your culture affects the way you interact with your customers and the experience you’re creating. According to Deloitte, “94% of executives and 88% of employees believe a distinct workplace culture is important to business success.”… Continue reading How to Build Company Culture in 7 Easy Steps

You just closed your books on 2019 and got that tax shock. Maybe you paid too much, maybe the business had a huge tax bill. Regardless, it’s time to start planning for 2020 and minimize the double taxation that comes with a corporation. So, how can you withdraw cash from a closely held corporation in… Continue reading Tax Smarts: Withdrawing Cash from Your Closely Held Corporation

Welcome to a new decade! Luckily, we don’t have to make New Decade’s Resolutions, and we can stick to the new year, 2020. What will the new year bring for your business, your customers and your industry?  Of course, you’ll want to update your business plan, create a cash budget, and put together a tax… Continue reading Leadership: New Year’s Business Resolutions for 2020

Has it already been another year? Yes, and that means it’s time to run through a simple checklist to make sure you end it right. With a few key decisions and some smart planning, you’ll set your business up for a profitable 2020. So, let’s get started. 5 Tips to End the Year Right As… Continue reading 5 Tips to End the Year Right (And a Checklist)