2021 PPE Outlook: Where is the market headed in light of the vaccine? Navigate The PPE Spike Many entrepreneurs have seized on opportunities presented by the huge spike in demand for personal protective equipment (PPE) generated by the COVID-19 pandemic. Upwise has had a first-hand perspective on the PPE market...
PPP FAQ: Your Questions Answered
PPP FAQ: Your Questions Answered Navigate Right now, business owners have a lot of questions. In a combined effort with partners in the legislature, legal, and accounting practices we are bringing small businesses much-needed answers as they become available. Here, we’ve collected the most common questions business owners want to be...
New PPP Guidance
New PPP Guidance for Small Businesses Navigate The pandemic continues to impact small businesses, and we applaud Congress for providing much-needed relief by reopening the PPP at $284B, allowing for initial and second draw loans, plus simplified loan forgiveness for loans under $150K. Below we will breakdown the new guidance...
PPP Second Draw & PPP Round 3: What you need to know
PPP Second Draw and PPP Round 3 (PPPr3): What Business Owners Need to Know Navigate On December 27, 2020 the $2.3 trillion Consolidated Appropriations Act of 2021 was signed into law, with $1.4 trillion of the total going towards funding the government through September 2021 and $900 billion for Covid-19...
Debt vs. Equity Financing: Compare the Advantages & Disadvantages
Debt vs. Equity Financing: Advantages and Disadvantages Navigate When starting up a new company you will most likely need outside financing. Two main sources of external income include business debt financing or financing from equity investors. Make sure you're aware of the differences between debt vs. equity financing so that...
Consider This When Hiring New Employees
Hiring New Employees in 2022 Navigate Map Out A Hiring Strategy Hiring new employees can sometimes be costly and time consuming, but choosing good candidates is extremely relevant to the success and longevity of your business. As long as you map out a strategy and are clear and concise to...
The Ins and Outs of Commercial Truck Financing
The Ins and Outs of Commercial Truck Financing Navigate Commercial Truck Financing Overview Affording a commercial truck for your business can be quite expensive. You may need one to transport products and goods or to make deliveries. A commercial truck loan can help cover some of the burdensome costs associated...
Are PPP Loans Taxable?
Are Forgiven PPP Loans Taxable? SHARE The SBA Paycheck Protection Program (PPP) is probably the most significant small business funding relief effort in history. The beautiful thing about the PPP is that borrowers can have their loans forgiven so long as they use the funds for qualifying expenses, which include...
Second Wave of PPP Loans
Second Wave of PPP Loans SHARE It has been over 50 days since the world has been dramatically changed and like many Small Business owners you are trying to make ends meet or even survive this pandemic. Millions of Americans have either lost their jobs or are being furlough currently....
How to Build Business Credit
8 Steps on How to Build Business Credit SHARE How to Build Business CreditIf your business is new or doing well, you may not be thinking about taking out a loan just yet, but there will come a time in every business where you either are forced to take a...