General
Majority of Companies Expect to Apply For More Credit in 2020
Majority of small businesses and middle-market companies both expect to apply or are unsure if they will apply for additional credit in the next 12 months. Over 3/4 (78%) of small businesses expected to apply or weren’t sure if they would apply for credit in Q2 2020,compared to only 55%… Read More »Majority of Companies Expect to Apply For More Credit in 2020
Middle Market Companies Growth Expectations 2012-2020 Trend
70% of middle-market companies expect to have modest or dramatic growth in the next 5 years compared to the 82% in 2018 who expected growth from 2015-2020. Interestingly, 5% this year plan to reduce size in the next 5 years. This Live Oak Business Pulse report contains data from surveys conducted… Read More »Middle Market Companies Growth Expectations 2012-2020 Trend
Downtime: Use It to Add Value
Business owners are working to process the impact of COVID-19… and we’re investigating how it will affect M&A and business sales. As you’ve undoubtedly seen the short term impact is that companies have (and will) slow the pace of acquisitions. That’s natural in uncertain times. However, market conditions are vastly… Read More »Downtime: Use It to Add Value
Small Business Growth Expectations 2012-2020 Trend
May 20, 2020 46% of small businesses expect to have modest or dramatic growth in the next 5 years compared to the 61% in 2015 who expected growth from 2015-2020. Interestingly, 11% this year plan to grow dramatically in the next 5 years, the largest percentage since 2012. This Live… Read More »Small Business Growth Expectations 2012-2020 Trend
Business Bite Webinar: Received PPP. Now What?
Now that PPP has been applied for and/or received, what’s next? This 30 minute or less webinar focuses on how to ensure loans are forgiven with the most up to date information as of 5/21/2020. Webinar has ended. Thank you for attending. We’ll be back in 2 weeks. … Read More »Business Bite Webinar: Received PPP. Now What?
Company Financial Optimism Reduced Significantly
May 17, 2020 In looking at business optimism, we see that both small business and middle-market expect their company’s overall financial condition to deteriorate during the next 12 months. This the lowest level of optimistic expectations since 2009. This Live Oak Business Pulse report contains data from surveys conducted April 1-19,… Read More »Company Financial Optimism Reduced Significantly
Decreased Average Sales Expectations by End of 2020
May 18, 2020 This week, we focus on both small business and middle-market expectations of the future. Almost 3/4 of middle-market and just over 3/4 of small businesses reported a negative impact on sales. The average expected sales decreases was a -34% for small business and a -23% for middle… Read More »Decreased Average Sales Expectations by End of 2020
PPP Loan Forgiveness Calculation Instructions
On Friday, May 15, 2020, SBA released instructions on how PPP recipients APPLY for the loan forgiveness. This includes the calculation form on page 3. If you have questions, be sure talk with your accountant, sooner rather than later.
Small Business Employees: Where are They Located?
Small business is typically defined as a business with fewer than 500 employees. The PPP was created to help small businesses pay their employees for an 8-week period in April, May, or June. Many small businesses were not able to keep employees as there either wasn’t enough revenue to cover… Read More »Small Business Employees: Where are They Located?