‘A cause larger than your life’ and other hopeful takeaways from COVID-19 and its business impact

By Mike Sunnucks | Rose Law Group Reporter The COVID-19 pandemic is an unrivaled economic challenge, but it is also an opportunity for employers to look at their operations, for entrepreneurs to find silver linings and for all of us to treat each other with more compassion and cooperation. Those were some of the takeaways Rose Law Group’s New Virtual Power Lunch …

SBA refines rules on loans – Rose Law Group Attorney Eric Hill anaylzes

By Eric Hill, Attorney at Rose Law Group Today, April 3rd, 2020, is slated to be the opening day for applications to the Paycheck Protection Program (“PPP”) that was established under the federal CARES Act. The PPP will provide forgivable loans to small businesses to help cover costs and prevent employee layoffs, and will be available through Small Business Administration (“SBA”) lenders. …

Small businesses have ‘a million questions’ about paycheck relief loan — and ‘we’ve been answering them,’ says RLG Founder and President Jordan Rose.

Reinventing the Power Business- An Actionable Roadmap for Utility Self-Disruption /Photo Credit/ Shutterstock.com By Ari Levy | CNBC Jourdain Degarmo had to lay off all seven employees from his doggie day care in San Francisco last month after California’s shelter-in-place order required nonessential workers to stay home. Degarmo has continued paying salaries with his cash on hand but needs help from the …

Need help applying for federal aid for your business? It’s free, says RLG attorney Eric Hill.

Twitter By Eric Hill, Attorney at Rose Law Group Federal aid for businesses struggling due to the COVID-19 pandemic will be available beginning April 3, 2020. Importantly, if you need help applying for this aid from an attorney, accountant, or other professional, you should know that you do not need to pay this help. Here’s why: The US Treasury has announced that small businesses …

Banks warn of chaotic launch of small business lending program; RLG corporate attorney Shruti Gurudanti poses critical questions

By Zachary Warmbrodt | Politico Banks are warning that a $350 billion lending program for struggling small businesses won’t be ready when it launches Friday because the Trump administration has failed to provide them with the necessary guidelines and set requirements for the loans that are unworkable. The lenders complain that Treasury Secretary Steven Mnuchin boxed them in with an …

What the CARES Act Means for Arizona Businesses

By Eric Hill, Attorney at Rose Law Group The Senate has passed the Coronavirus Aid, Relief, and Economic Security Act, also known as the ‘‘CARES” Act. The CARES Act is a $2.0 trillion aid package that is among the most significant pieces of financial legislation in history. This legislation will help Arizona businesses impacted by the COVID-19 pandemic in several ways. Here’s …

What the CARES Act Means for Arizona Businesses

By Eric Hill, Attorney at Rose Law Group The analysis below was written just before passage and may be subject to slight change. Today Congress passed the Coronavirus Aid, Relief, and Economic Security Act, also known as the ‘‘CARES” Act. The CARES Act is a more than $2.0 trillion aid package that is among the most significant pieces of financial legislation ever …

I’m selling my business. How do I value it?

By Rose Law Group Corporate Attorney Shruti Gurudanti for Rose Law Group Reporter You’ve operated your widget manufacturing business for over a decade and now you’re considering selling it and possibly moving to Honolulu to enjoy your hard-earned money. But then comes the million-dollar question: what is the business worth? Unfortunately, there isn’t one golden formula to determine the value of a business. There …