Please forgive the unpolished nature of what follows, but I was furiously taking notes during a webinar with Joseph Amato, Director of the Nevada District of the SBA. Some things have changed since our last articles which we will go
Edited based on information received during a 4/7/2020 webinar with Joe Amato, SBA's Nevada District Office Director. Notes from that are here.
In an effort to get as close to the horse's mouth, so to speak, we are sharing the information
Updated 4/7/2020
Latest updates on funding as of 4/7/2020 5:16pm: From SBA Webinar
OPTIONS FOR FUNDING - Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP)
3/25/2020 - Force Majeure: We're fielding lots of calls from people looking to invoke a force
***4/3/2020 UPDATE***
As you may be aware, Governor Sisolak declared Emergency Directive 008 (the "Directive") earlier this week. The Directive essentially puts a stay (prohibition) on all commercial and residential evictions and foreclosures while the state of emergency (issued March 12, 2020) remains in
We are fielding a LOT of calls from businesses that are on the fringe of "essential" and are asking if they
can continue to operate.
The short answer is that, in most cases, it's not abundantly clear.
First, let's go to the source
We've previously discussed what to expect when selling your business, but what happens after the sale closes? After all the craziness that characterizes almost every deal finally ends? One of our clients generously shared some thoughts, which we will post
It’s that time again. New year (or decade) = new laws! While new laws and amendments to existing ones are nothing unusual, this article aims to highlight some of the important changes in Nevada and federal laws that may directly
First off, selling your business will always – ALWAYS - take longer than you think it will or should. We have never seen a business sale, whether it’s five figures or seven figures, close in less than 45 days. Even
We run into many business owners who believe that the state business license, issued by the Nevada Secretary of State (NVSOS), is all they need to properly transact business in our state. Not so.
First, what does it mean to "transact
Over the last year or so, one of the largest gaming/hospitality companies in the world (whose name rhymes with schmem-gee-em) has offered early retirement packages to scores of its executives in an effort to increase profitability. We've met with a