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covid-19, News

Paycheck Protection Program Challenges

The Paycheck Protection Program has been created to assist small businesses during this unprecedented time. The SBA PPP program is only a part of the CARES Federal Stimulus package, which works to counteract the economic downturn related to the COVID-19 pandemic. Recently, the SBA PPP has run into several challenges while dealing with the delivery of funding.

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May 8, 2020/by Kaiti Weimer
https://tgg-accounting.com/wp-content/uploads/2020/05/iStock-1217182832.jpg 1414 2121 Kaiti Weimer https://tgg-accounting.com/wp-content/uploads/2020/03/TGG-logo_whitespace-300x300.gif Kaiti Weimer2020-05-08 08:24:232020-04-29 14:27:15Paycheck Protection Program Challenges
News

Managing Cash Flow: The pros and cons of alternative financing

Small and medium-sized businesses have historically had challenging relationships with traditional lenders.  When these business owners are in need of more cash flow, they are the least likely to be approved. 

If you’re a new business owner you’re going to find it difficult to obtain a traditional loan from a bank. In most cases, any of the following could prevent you from getting a loan:

You’ve been in business for less than two years
You have a credit score below 640
You want to borrow less than 250,000

The good news is that technology in the financial sector is revolutionizing the way lending is done and big banks are no longer the only option for SMB loans.  Alternative financing in the U.S has tripled in size from 2014 ($11 billion) to 2016 ($34 billion)*:

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April 24, 2020/by Kaiti Weimer
https://tgg-accounting.com/wp-content/uploads/2020/04/silver-and-gold-coins-128867-scaled.jpg 1707 2560 Kaiti Weimer https://tgg-accounting.com/wp-content/uploads/2020/03/TGG-logo_whitespace-300x300.gif Kaiti Weimer2020-04-24 07:41:132020-04-29 10:35:53Managing Cash Flow: The pros and cons of alternative financing
News

Boom or Bust Part II: 5 Ways to Prepare For & Withstand a Business Downturn

In the second part of our 4-part series, we are focusing on how to prepare for and withstand a downturn in your business. The strategies below are designed to help you withstand business, industry or economic changes while increasing safety. Our recommendations are focused on proactive measures you can take to prepare your business for the future.

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March 21, 2020/0 Comments/by Kaiti Weimer
https://tgg-accounting.com/wp-content/uploads/2020/04/person-using-macbook-374720-scaled.jpg 1707 2560 Kaiti Weimer https://tgg-accounting.com/wp-content/uploads/2020/03/TGG-logo_whitespace-300x300.gif Kaiti Weimer2020-03-21 15:29:002020-05-04 14:51:47Boom or Bust Part II: 5 Ways to Prepare For & Withstand a Business Downturn
News

Annual Business Planning Checklist

Annual business planning is one of the most important things that a business owner or CEO must do. It sets the strategy, the goals and determines the tactics for the following year.

Of course, there is a lot to consider in terms of where your business has been and where you are headed. It’s important to be organized and stay focused because how you plan often sets the tone for your business. Here are 7 key steps for an efficient planning process.

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March 2, 2020/1 Comment/by Kaiti Weimer
https://tgg-accounting.com/wp-content/uploads/2020/04/annual-business-planning-scaled.jpg 1531 2560 Kaiti Weimer https://tgg-accounting.com/wp-content/uploads/2020/03/TGG-logo_whitespace-300x300.gif Kaiti Weimer2020-03-02 11:38:002020-05-04 14:58:50Annual Business Planning Checklist

OFFICE

Locations:

SAN DIEGO
Headquarters
6162 Nancy Ridge Drive
Suite 100
San Diego, CA 92121
P 760.697.1033

IRVINE
17872 Gillette Ave.
Suite 315
Irvine, CA 92614
P 949.356.6157

DENVER
383 Corona Street
Suite 103
Denver, CO 80218
P 720.370.3294

Hours:
M-F: 8 AM-6 PM

Case Studies

  • flying a media headerCase Study – A Media-Buying Agency Reaps the Benefits of Having a Team of Financial ExpertsFebruary 17, 2021 - 10:35 am

    Tracking key trends is dependent on visibility in the financials.

  • Case Study – How One Ecommerce Company Transformed Their Business and Gained Superior Visibility into Their Financial PerformanceNovember 16, 2020 - 3:25 pm

    Tracking key trends is dependent on visibility in the financials.

  • At Your Pace Online LearningCase Studies – Scaling an Online PlatformAugust 15, 2020 - 11:39 am

    Consistent reporting and sophisticated insights are setting this company up to scale quickly and efficiently.

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SAN DIEGO

6162 Nancy Ridge Drive
Suite 100
San Diego, CA 92121
760-388-0993

info@tgg-accounting.com

IRVINE

17872 Gillette Avenue
Suite 315
Irvine, CA 92614
949.356.6157

DENVER

383 Corona Street
Suite 103
Denver, CO 80218
720.370.3294

© Copyright – TGG Accounting | TGG Accounting is not certified by the California Board of Accountancy to perform public accounting. Therefore, we do not provide tax return preparation, audits or CPA reviewed or compiled statements.

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