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You Might Need a PPP Loan Extension Because Forgiveness Isn’t Happening Yet

  • October 14, 2020
  • Craig Dill
  • business, Covid pandemic, crisis management

PPP Loan Forgiveness was supposed to be in full swing by now except the SBA has yet to process any applications (https://www.washingtonpost.com/business/2020/10/01/ppp-sba-loans/). Over four million loans were given and processing the forgiveness of those loans could take a long time.…

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FICA (Social Security) Tax Deferral

  • September 1, 2020
  • Craig Dill
  • business, Covid pandemic, crisis management

Today is the first day you can offer your employees a FICA (Social Security, 6.2% of wages) tax deferral. Please note, this is a deferral, not an exemption. The tax will still have to be paid unless a law is…

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PPP: Don’t Rush Forgiveness

  • August 11, 2020
  • Craig Dill
  • business, Covid pandemic, crisis management

If you received a Paycheck Protection Program (PPP) loan to help your business survive the coronavirus pandemic, hold your loan forgiveness applications. The Small Business Administration (SBA), the group coordinating the program, has told lenders that they will not be…

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New pandemic recovery funds available for New Mexico businesses

  • July 31, 2020
  • Craig Dill
  • business, Covid pandemic recovery, crisis management

Good news for New Mexico businesses: New pandemic recovery funding is available! This morning the New Mexico Alternative Funders hosted a timely program, Small Business Recovery Loan Fund: Eligibility and How to Apply, with speakers Daniel Schlegel, Small Business and…

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Don’t Run Out of Oxygen. Cash = Oxygen

  • June 18, 2020
  • Craig Dill
  • business, crisis management

Two ways to make and preserve cash in the new normal My cousin tells the story about our grandpa saying, “I was drafted for WWI, was to report for duty and then received a letter of cancellation...due to the flu.”…

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Negotiation: Ask and Convince

  • May 21, 2020
  • Craig Dill
  • business

The Four Phases of Negotiation – Part 1 All of us find ourselves in difficult situations from time to time. We need to mitigate the consequences of some sort of trouble or we need someone else to do something for…

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Negotiation: Bribe and Threaten

  • May 20, 2020
  • Craig Dill
  • business

The Four Phases of Negotiation – Part 2 In my previous post, I walked you through the first two phases of negotiation: ask and convince. If your actions in those two phases hasn’t gotten you the results you want. It’s…

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Popular Posts
  • PPP: Don’t Rush Forgiveness
    August 11, 2020
  • New pandemic recovery funds available for New Mexico businesses
    July 31, 2020
  • FICA (Social Security) Tax Deferral
    September 1, 2020
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Fast, creative solutions to ugly business problems: financial crisis, bankruptcy and court-appointed receivership, fraud and theft, and leadership issues. If your business is in a pickle, call Dill! Phone: (505) 459-3030

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