ARTICLE
www.sbdc.unf.edu Hello Theresa, Happy New Year! I hope you have had a wonderful holiday and are having a great start to the New Year. We hope this year will be better than last! The new Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act: On December 27, the President signed into law a supplemental appropriations bill that provides over $900 billion in additional COVID-19 relief, including $284 billion in added PPP funds for businesses and organizations needing either a first loan or a second round of funding. Major aspects of the original PPP guidelines will remain in place. Qualifying small businesses will continue to be eligible to receive funds under the PPP in the form of forgivable loans. Key changes in the new law include an additional application window for first-time borrowers and the opportunity for qualifying borrowers to receive a second PPP loan. Please check with your local lender for participation. As final ruling continues, please visit the following sites for up-to-date information: U.S. Department of Treasury: The CARES Act Provides Assistance to Small Businesses | U.S. Department of the Treasury U.S SBA: Coronavirus (COVID-19): Small Business Guidance & Loan Resources (sba.gov) Florida SBDC Network: CARES Act Updates A new year means it time to renew your business on Sunbiz.org. If you are a registered business (not a DBA unless that is expiring) you will either get an email or a letter in the mail notifying you of the renewal fee. You have until May, but I recommend you get this taken care of as soon as possible. Be sure to make any changes in ownership, registered agent, address etc. when renewing. Here are some dates to remember: January 15 – Estimated taxes for 2020 due January 31 – all W-2’s and 1099’s have to be mailed/delivered. (all 904 and 941’s for 2020 have to be filed) March 15 – Returns for all C-Corp, S-Corp and Partnerships have to be filed or an extension filed. April 15 – Estimated taxes for 2021 due April 15 – Personal tax returns must be filed or extension filed. May 1 – Renewal deadline on Sunbiz I want to remind you we still have additional programs and consultants through CARES funding to assist with your business. If you would like to have a DISC assessment performed with all your employees to help work better together – let me know. We also have Sales professionals and Lean certified professionals to help with business processes. Not sure what you need? Call me and we can discuss. One final note, the Florida SBDC Network annual survey will be going out this week. If you receive it, please take the time to complete it. Our state and federal funding is determined by the economic impact reported in the survey. Here’s to you and a successful 2021. As always, I am a resource for you and here to help, just give me a call. Sincerely, Mark Yarick, Consultant Florida SBDC in Suwannee County (386) 362-1782 | mark.yarick@unf.edu No-Cost Specialty Services for Small Businesses Put the SBDC to work for your business! No-Cost CARES Act Specialty Services for Small Businesses from the SBDC! The Florida SBDC at UNF has received supplemental funding through the CARES Act to expand our capacity in response to the overwhelming impact of the pandemic on small business. That includes bringing on additional staff to assist in areas including but not limited to the following: Marketing / digital marketing / e-commerce Human resources and organizational team assessments Business continuity plans and implementation Exporting / supply chain / international operations Financial analysis / capital access / cash flow projections / business plan review Project management / operations / Six Sigma Concept innovation and market research And so much more! To learn more about the extensive expertise we have on staff to help your business, go to www.sbdc.unf.edu/CARES to get started today! Click the image above to play the video and meet Taylor Kennedy, our Online Presence Expert and just one of many consultants who can help your business now and in 2021! SBDC Services include QuickBooks in 2021! We need your feedback in this quick survey! As part of our expanded CARES Act services, we will start offering QuickBooks Training in 2021. To help ensure that we are meeting the needs of our clients please complete the survey below. This survey will take less than 3 minutes to complete. Click here to complete the survey. SBA Announces Ascent Interactive Platform for Women Business Owners SBA has announced Ascent, an interactive digital platform packed with resources women business owners need to set, and achieve, their business goals. Ascent is designed for the “missing middle” — growth-oriented women entrepreneurs who are beyond the start-up phase and already generating revenue yet looking to grow and scale. Most learning resources for business owners focus on either start-ups or mature businesses. Ascent is here to change that! During these challenging times, SBA’s Ascent can also help you elevate your business with research-backed tips and strategies. Within Ascent, you can examine both internal (strengths and weaknesses) and external factors (opportunities and threats) that may have arisen because of COVID-19 to help you set up a comprehensive recovery strategy. And Ascent is a resource you can turn to again and again, as your business grows and your needs change. Click here to learn more. Upcoming Online Training Events Be sure to click here to check out our new Video Library with all webinar recordings! Use your Website to Take your Business to the Next Level January 15 | 10am | No Cost! In this webinar, we will highlight the tools needed to build a great website. At the end of the webinar, there will be an opportunity for a live website audit. In this class we will cover the following topics: Domains Website Builders/ Hosts Ecommerce Cybersecurity SEMRush tool / Online Health Check Click here to register.
www.sbdc.unf.edu
Hello Theresa,
Happy New Year!
I hope you have had a wonderful holiday and are having a great start to the New Year. We hope this year will be better than last!
The new Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act:
On December 27, the President signed into law a supplemental appropriations bill that provides over $900 billion in additional COVID-19 relief, including $284 billion in added PPP funds for businesses and organizations needing either a first loan or a second round of funding. Major aspects of the original PPP guidelines will remain in place. Qualifying small businesses will continue to be eligible to receive funds under the PPP in the form of forgivable loans. Key changes in the new law include an additional application window for first-time borrowers and the opportunity for qualifying borrowers to receive a second PPP loan. Please check with your local lender for participation.
As final ruling continues, please visit the following sites for up-to-date information:
U.S. Department of Treasury: The CARES Act Provides Assistance to Small Businesses | U.S. Department of the Treasury
U.S SBA: Coronavirus (COVID-19): Small Business Guidance & Loan Resources (sba.gov)
Florida SBDC Network: CARES Act Updates
A new year means it time to renew your business on Sunbiz.org. If you are a registered business (not a DBA unless that is expiring) you will either get an email or a letter in the mail notifying you of the renewal fee. You have until May, but I recommend you get this taken care of as soon as possible. Be sure to make any changes in ownership, registered agent, address etc. when renewing.
Here are some dates to remember:
January 15 – Estimated taxes for 2020 due
January 31 – all W-2’s and 1099’s have to be mailed/delivered. (all 904 and 941’s for 2020 have to be filed)
March 15 – Returns for all C-Corp, S-Corp and Partnerships have to be filed or an extension filed.
April 15 – Estimated taxes for 2021 due
April 15 – Personal tax returns must be filed or extension filed.
May 1 – Renewal deadline on Sunbiz
I want to remind you we still have additional programs and consultants through CARES funding to assist with your business. If you would like to have a DISC assessment performed with all your employees to help work better together – let me know. We also have Sales professionals and Lean certified professionals to help with business processes. Not sure what you need? Call me and we can discuss.
One final note, the Florida SBDC Network annual survey will be going out this week. If you receive it, please take the time to complete it. Our state and federal funding is determined by the economic impact reported in the survey.
Here’s to you and a successful 2021. As always, I am a resource for you and here to help, just give me a call.
Sincerely,
Mark Yarick, Consultant
Florida SBDC in Suwannee County
(386) 362-1782 | mark.yarick@unf.edu
No-Cost Specialty Services for Small Businesses
Put the SBDC to work for your business!
No-Cost CARES Act Specialty Services for Small Businesses from the SBDC!
The Florida SBDC at UNF has received supplemental funding through the CARES Act to expand our capacity in response to the overwhelming impact of the pandemic on small business. That includes bringing on additional staff to assist in areas including but not limited to the following:
To learn more about the extensive expertise we have on staff to help your business, go to www.sbdc.unf.edu/CARES to get started today!
Click the image above to play the video and meet Taylor Kennedy, our Online Presence Expert and just one of many consultants who can help your business now and in 2021!
SBDC Services include QuickBooks in 2021!
We need your feedback in this quick survey!
As part of our expanded CARES Act services, we will start offering QuickBooks Training in 2021. To help ensure that we are meeting the needs of our clients please complete the survey below. This survey will take less than 3 minutes to complete.
Click here to complete the survey.
SBA Announces Ascent
Interactive Platform for Women Business Owners
SBA has announced Ascent, an interactive digital platform packed with resources women business owners need to set, and achieve, their business goals. Ascent is designed for the “missing middle” — growth-oriented women entrepreneurs who are beyond the start-up phase and already generating revenue yet looking to grow and scale. Most learning resources for business owners focus on either start-ups or mature businesses. Ascent is here to change that!
During these challenging times, SBA’s Ascent can also help you elevate your business with research-backed tips and strategies. Within Ascent, you can examine both internal (strengths and weaknesses) and external factors (opportunities and threats) that may have arisen because of COVID-19 to help you set up a comprehensive recovery strategy. And Ascent is a resource you can turn to again and again, as your business grows and your needs change.
Click here to learn more.
Upcoming Online Training Events
Be sure to click here to check out our new Video Library with all webinar recordings!
Use your Website to Take your Business to the Next Level
January 15 | 10am | No Cost!
In this webinar, we will highlight the tools needed to build a great website. At the end of the webinar, there will be an opportunity for a live website audit. In this class we will cover the following topics:
Click here to register.