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Some Businesses Rely on Line of Credit to Escape Damages Caused by Pandemic

Some Businesses Rely on Line of Credit to Escape Damages Caused by Pandemic

As businesses attempt to work their way through to a post-pandemic world, there are various means to bridge the financial gap. As recommended by the U.S. Small Business Administration (SBA), some companies can use a line of credit to reach international customers or opportunities outside the United States to make up for the damage COVID-19 […]

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Four Essential Questions You Should Ask Your Tax Professional This Season Related to COVID-19

Four Essential Questions You Should Ask Your Tax Professional This Season Related to COVID-19

Good tax professionals ask the right questions to ensure they understand your situation and can help you to the best extent the law allows. Given the host of pandemic-related tax changes for 2020, it’s good to keep these four questions below in mind. If your tax preparer doesn’t ask these questions in your tax organizer […]

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Business Process Management Systems Provide Variety of Benefits to Owners

Business Process Management Systems Provide Variety of Benefits to Owners

All businesses have one thing in common, and that is processes. Business processes – whether direct or indirect – are crucial when it comes to providing products or services to customers. Business process management (BPM) plays an important role in enhancing processes and offers numerous benefits to businesses. But imagine what greater benefits can be […]

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How to Budget During a Pandemic

How to Budget During a Pandemic

Right now with everything that’s going on, navigating your finances might feel overwhelming. However, there are some strategies that will help you manage cash shortfalls. Mariel Beasley of Duke University’s Common Cents Lab offers ways to help you manage during these trying times. Use Mental Accounting Translated, this means prioritizing what’s most important and cutting […]

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How Firms Can Restore Balance Sheets to Better Health

How Firms Can Restore Balance Sheets to Better Health

According to the World Bank Group, for businesses in emerging markets and developing economies, the bottom fourth percentile of the non-financial corporate (NFC) sector saw their balance sheets deteriorate. Looking at these businesses’ Interest Coverage Ratio, the average figure dropped to 0.06 from 0.35 between the fourth quarter of 2019 and in the midst of […]

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New Year-End Tax Provisions

New Year-End Tax Provisions

In late December, Congress passed the Consolidated Appropriations Act, which in addition to providing COVID-19 relief provisions also included many tax provisions and extenders. The Act contained many COVID-related tax provisions, as well as a slew of extenders ranging from one year to permanent. This article will focus on the miscellaneous tax and disaster relief […]

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Standalone 5G Networks: Potential Vulnerabilities that Could Result in Denial of Service for Customers

Standalone 5G Networks: Potential Vulnerabilities that Could Result in Denial of Service for Customers

5G networks promise high speeds, lower latency, and more robust security compared to its predecessors – and this has created a lot of buzz. As a result, there is a lot of competition among operators to roll out the network while manufacturers are already producing 5G devices. The deployment of 5G around the world has […]

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