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Paycheck Protection Program and Loan Forgiveness

by GPwebsiteV3! | Apr 27, 2020 | Covid-19, GP Articles, Tips

If you are one of the fortunate businesses to receive a Paycheck Protection loan from the SBA in the first round of CARES Act funding, you have cleared a major hurdle in sustaining your business during an uncertain time. Now, the task of securing loan forgiveness...

The 6 Most Costly Mistakes Made by Business Owners: Doing It All Yourself

by GPwebsiteV3! | Feb 21, 2020 | Business, GP Articles, Tips

The final most costly mistake made by business owners is wearing too many hats. In the early going, you may be tempted to try to handle all aspects of your business yourself, but it’s critical to have a support team to help you move the business forward.   If you feel...

The 6 Most Costly Mistakes Made by Business Owners: Failure to Conduct the Necessary Market Research

by GPwebsiteV3! | Jan 31, 2020 | GP Articles, Tips

Most successful entrepreneurs know their industry intimately and have expertise in their product or services.  They’ve taken the trouble of accurately pricing these goods and services as well as made sure they’re not impinging on other business’ intellectual property....

The 6 Most Costly Mistakes Made by Business Owners: Ignoring Intellectual Property

by GPwebsiteV3! | Jan 14, 2020 | Business, GP Articles, Tips

Most likely, after reading our first three articles in this series, you’ve recognized that it’s best to proactively avoid costly mistakes when starting a business rather than retroactively correcting them. This next pitfall is no exception. Perhaps equally insidious...

The 6 Most Costly Mistakes Made by Business Owners: Underpricing Your Product

by GPwebsiteV3! | Nov 22, 2019 | Business, GP Articles, Tips

In our last installment, we discussed the crucial nature of selecting the right entity type for a new or growing business. This week, we’re going to cover another dangerous pitfall for business owners: underpricing their goods or services.  For a new or struggling...

The 6 Most Costly Mistakes Made by Business Owners: Choosing the Wrong Entity Type

by GPwebsiteV3! | Nov 5, 2019 | Business, GP Articles, Tips

Running a business is hard.  Anyone that has ever run a small business knows that there are a multitude of mistakes to be made and each one offers its own series of lessons about how to do things better the next time.  However, it’s good to know that someone else has...
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