PPP To the Max!
For some, the PPP dollars were a Godsend, providing cash when it was desperately needed. For others, it provided a sense of security but has been sitting untouched and the big question today is, “Now what?” What do I do with this money and how can I maximize my return on investment?
Confused by Accounting for Equipment? You’re Not Alone.
“Why don’t my loan payments show up on my Profit & Loss statement? If I pay cash for equipment, does that change depreciation expenses? What is the meaning of book value? I heard of someone using their equipment equity as collateral to secure a line of credit – is that even possible?” If you've ever asked yourself any of these questions, or similar ones...