City of Atlanta Announced a CPA Statement is Required for Restaurants to Renew their Alcohol License

At a glance The main takeaway: The City of Atlanta has decided to move forward with the compliance of ordinance 10-106(c) which would require restaurants to provide a CPA statement to renew their alcohol license. Impact on your business: Many restaurants are still struggling post-pandemic and a sales audit can take considerable time and cost, especially for…

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How to Attract and Retain Talented Employees with a Top Benefits Package

At a glance: Competition is hot: The labor market is more competitive than ever, as more employees leave their current positions to seek higher-paying, growth-focused opportunities. Stand out in the market: Employers can separate themselves from the crowd and attract the best employees by leveling up their employee benefits packages and perks. Get an expert’s perspective: Partner with…

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5 Post-Pandemic Technology Upgrades Businesses Should Make

At a glance: Tech takeover: Many of the technology upgrades businesses made to stay afloat during the pandemic will still be relevant and necessary once the economy recovers. Make smart investments: Use excess liquidity wisely by prioritizing five key tech upgrades, from cybersecurity protocols to e-commerce capabilities. Get outside expertise: Aprio’s Retail, Franchise and Hospitality team can help…

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4 Financing Options to Expand Your Business Post-COVID

At a glance: Opportunities abound: There are plenty of financing opportunities on the buy-side for aspiring business owners hoping to expand or purchase a new venture. Find the right fit: The appropriate financing avenue depends on your professional relationships, financial standing and record, and industry, among other competing factors. Move forward with confidence: In order…

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A New Series: How Businesses Can Use Liquidity to Fund Post-COVID Growth

At a glance: Moving forward: Businesses may be sitting on excess cash after using funds acquired from COVID-19 relief programs for approved expenses and costs during the pandemic. Grow with confidence: In a new four-part blog series, Aprio’s Retail, Franchise and Hospitality team will explore three ways small businesses can use extra liquidity to fund…

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Liquidity Assessment Clarification in New PPP Forms

In this 2 Minute Business Activity Assessment video, Tommy Lee dishes some wisdom re: the Q2 2019 v Q2 2020 criteria. I recommend getting in touch with your advisor and lender to further understand their interpretations and expectations around these forms. Aprio has the experience, know-how and relationships with lenders to keep your PPP loan…

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Webinar: Retail & Hospitality Webinar- Survive and Thrive in 2021

 It’s time to throw the playbook of 2020 away for the retail and hospitality industry and develop a new plan to Survive and Thrive in 2021. Watch the lively discussion with Aprio’s Retail & Hospitality Lead- Tommy Lee and Lauren Fernandez the Managing Partner of The Fernandez Group. Gain valuable industry insights and success…

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Webinar: How to Best Prepare for PPP Loan Forgiveness

  Watch the webinar as our expert panelists explain how to effectively prepare for Paycheck Protection Program (PPP) loan forgiveness. PPP loan payments are being disbursed to approved borrowers and it’s vital to plan and document your spending over the next eight weeks to ensure you receive maximum loan forgiveness benefits. Regulations are actively evolving.…

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Opportunity for Partnerships to Increase their PPP Loan

On May 13, 2020, the SBA released an Interim Final Rule on Loan Increases relating specifically to compensation of partners in a partnership. Prior to clarification provided by the SBA on April 14, 2020 (Guidance on SBA Loans for Self-Employed) and on April 24, 2020 (Calculating Max Loan Amounts), it was expected that compensation to…

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