June 4, 2020 / by Larry Donahue / Business Support / 0 comments
Some states call it an Annual Report. Other states refer to it as an Annual Registration or Statement of Information. At the end of the day, they are all essentially the same thing. An Annual Report, or whatever your state wants to call it, is information that business entities (Limited Liability Companies, Corporations, Non-Profits, and Partnerships) […]
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Beware of Interruptions by Important Vendors
December 7, 2021 / by Larry Donahue / Business Support, Business Tips / 0 comments
Imagine this: You have an important vendor that produces an important product or service for your business, and you come to rely on that vendor to deliver regularly. Your ability to service your customers depends on this vendor, so if there’s an interruption by the vendor, it could not only jeopardize your ability to generate […]
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How Sub Chapter V Bankruptcy Is Helping Small Business Owners Recover
May 13, 2021 / by Kristy Donahue / Business Support / 0 comments
The Small Business Recovery Act of 2020 has a very important component to it, Subchapter V. Though the new law went into effect pre-Covid it has turned out to be an important piece to small business COVID recovery. The new law offers small businesses essentially the same protections of Chapter 11, but on a small […]
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Learn The Top 10 Things Not To Do As A Business Owner.
February 18, 2021 / by Kristy Donahue / Business Support / 0 comments
25 +years and thousands of clients later, Attorney Larry Donahue has been able to identify the all-too-common mistakes small business owners everywhere, in every type of business make over and over again. The good news is, once you know about these mistakes, it is easy to avoid them. Even better, these lessons will help ensure […]
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Considering Bankruptcy For Your Business?
September 14, 2020 / by Larry Donahue / Business Support / 0 comments
Get your questions answered from a Bankruptcy Attorney. Nothing can be more frightening or intimidating than realizing bankruptcy might be a real necessity for your business. While the notion of bankruptcy may be that of financial failure, in many instances it can be a valuable tool to getting businesses back on track. We asked Stephanie […]
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How to Handle a Reference Call On The Employee You Fired.
June 9, 2020 / by Larry Donahue / Business Support / 0 comments
Consider the notion that no good deed or lapse in professionalism usually goes unpunished. Is there anything more dreaded for a business owner or manager than to have to put up with and eventually terminate a bad employee? Maybe. How about the uncomfortable reference check or inquiry regarding your old problematic employee? The situation gets […]
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What Is an Annual Report and Why Is It Important?
June 4, 2020 / by Larry Donahue / Business Support / 0 comments
Some states call it an Annual Report. Other states refer to it as an Annual Registration or Statement of Information. At the end of the day, they are all essentially the same thing. An Annual Report, or whatever your state wants to call it, is information that business entities (Limited Liability Companies, Corporations, Non-Profits, and Partnerships) […]
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The “B” Word: How to use Bankruptcy to your advantage
May 15, 2020 / by Ian Alden / Business Support / 0 comments
Last Updated: No update. New article. As the COVID-19 pandemic continues on, more and more people are looking at a solution once thought unthinkable: bankruptcy. While bankruptcy has had a certain stigma attached to it for years, that stigma has lessened considerably in recent years as more people come to understand bankruptcy as a tool […]
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The Requirements Needed to Not Pay Back PPP Funds
April 16, 2020 / by Larry Donahue / Business Support / 29 comments
*** Revised 5/1/2020: Provided an exact definition, based on the SBA’s definition, for “Full-Time Equivalent Employees”. The Paycheck Protection Program (or PPP) is an SBA loan that helps businesses maintain their workforce during the COVID-19 crisis. It is a low-interest loan, with a term of up to 10 years, no personal guarantee or collateral required, […]
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How to Get Disaster Relief Small Business Loans From The SBA
March 31, 2020 / by Larry Donahue / Business Support / 0 comments
There are 2 PROGRAMS that make up the CARES Act. Make sure you know the difference. The two programs that make up the CARES Act are The Paycheck Protection Program and The COVID-19 Economic Injury Disaster Loan. They are two different loan programs and you apply for each one differently…. and yes, your businesses can […]
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Expungement of a Criminal Record
December 2, 2019 / by Larry Donahue / Business Support / 4 comments
Criminal Record Expungement is Effective January 1, 2020 A comprehensive new expungement law in New Mexico authorizes courts to limit public access to non-conviction records one year after disposition if no other charges are pending, and to most convictions for felonies, misdemeanors and municipal ordinances after varying waiting periods. The ACLU of New Mexico describes […]
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