May 12, 2021

owners

5 Financial Mistakes Business Owners Made During the Pandemic

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The year 2020 taught us many lessons, and if you were a business owner, you had a front-row seat to the school of hard knocks.

When I look back over the past year, as an accountant and business advisor, I saw many missteps by business owners, some of which threatened the very existence of their companies, made them ineligible for government funding and small business loans, or raised the risks of being audited.

Of course, as a small business owner, you will always make some mistakes. You’re human. The challenge

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Married N.J. spa owners used business to trade sex for money, authorities allege

A Toms River husband and wife who own a spa in town were charged last month with promoting prostitution and two counts of money laundering, the Ocean County Prosecutor’s Office announced Wednesday.

Wayne Lefkowitz, 56, of Toms River, and Guihua Cui, 51, were charged on April 28 and April 29, respectively, the office said. Lefkowitz and Cui are married.

The charges came after a year-long investigation by the office into the Lakewood Road business, Spa 1800, by the office’s economic crime squad and special victims unit, authorities said.

Although the spa appeared to be operating as a legitimate business, people

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How Dane County’s new order is disproportionately affecting Black business owners

‘Most of our businesses are small, and they have limited capacity’

MADISON, Wis. — As many Dane County businesses move into the next phase of reopening, other small business owners, Black owners specifically, are stuck in the past. Their spaces can’t accommodate 75% capacity and social distancing… and that’s not their only challenge.

“We just want our customers back,” said Marilyn Harper, owner of Happily Ever After boutique, a children’s resale shop on Madison’s west side. “Our business is open, but

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Old Town: As homeless camping increases, business owners and unhoused cry for more help

Under the wail of passing trains, Portland’s Old Town residents and business owners swap stories of the latest neighborhood goings on. Their conversations repeat themselves week after week. They fear crime is increasing. They’re bothered by tents lining sidewalks and trash piling up. They’re frustrated that first responders don’t arrive quickly when homeless neighbors experience a mental health crisis. And they worry about the immense task of reopening their businesses after a year of closures.

At first blush, the conversations seem to pit business owners against individuals experiencing homelessness. But in reality, both sides are asking for largely the same

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Business owners try to fill jobs at a Saturday joint vaccination and job fair event

BATON ROUGE – Employers are now dealing with a new crisis as the economy begins to rebound from the pandemic.

Some business owners say they’re struggling with finding enough staff members. To remedy this, a joint job fair and vaccination event was hosted Saturday by the Louisiana Workforce Commission. The goal of the event was to fill jobs and get workers vaccinated.

LWC teamed up with Mayor-President Sharon Weston Broome, State Senator Regina Barrow, BREC and Employ BR to bring the event to life. The job fair and vaccine site took place at the International Brotherhood of Electrical Workers.

“We

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Majority of Investors, Business Owners Praise Biden Boom: UBS Survey

  • About 64% of investors and business owners see Biden’s policies aiding the global recovery.
  • A majority also said Biden’s measures will support global markets, according to a UBS survey.
  • The optimism comes as Biden preps another $4.1 trillion in spending to boost the economic recovery.
  • See more stories on Insider’s business page.

The Biden boom is in full swing and people like what they see.

Investors and business owners around the world are largely optimistic that the Biden administration’s economic policies will fuel a robust recovery and leave them on better footing, according to a recent UBS survey. Some 64%

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