The COVID-19 outbreak has wreaked financial havoc around the globe, leaving many small-business owners struggling in its wake. According to the National Federation of Independent Business (NFIB), as of March 30—still early in the crisis—92% of small businesses said they had suffered negative effects as a result of the pandemic. Just 5% of small-business owners
COVID-19 is a colossal force. Not just biologically speaking but also from the sweeping changes the virus has caused throughout the business world. Whole companies have pivoted, changed focus, and made unthinkable decisions with an hour’s notice. Businesses are suffering through a huge blow, but is there an opportunity hidden in plain sight? Should you
Finance departments operate on a schedule of predictable routines. Earnings calls, investor meetings, profit and loss, or P&L reports all adhere to strict processes and deadlines. CFOs face unprecedented challenges upholding these routines and maintaining morale under the mounting stress of the current economic and health conditions with staff working remotely. During this time of
More companies have been shifting from the office to home during the coronavirus pandemic. As an all-remote company, LyntonWeb understands that telecommuting is an adjustment for most people. But, once you’re set-up, you’ll likely find you can be just as, if not even more, productive than you were in the office. Here are some tips
Welcome to our new grim reality in the wake of the Coronavirus pandemic; the days of “wine and roses” and never-ending increases in business success and stock market price increases are officially over. Sure, you are now feeling the impact of the “baseball bat” smashing through your “glass house.” But continuing with the baseball analogy,
Tax season is an annual headache. For a small business owner, navigating the taxation minefield can be an agonizing exercise. It takes financial know-how, organization, and commitment. If mismanaged, the results can be crippling. Mistakes caught during an audit might tank your business and, at the very least, an incorrect filing could mean you make