The Small Business Administration (SBA) announced a streamlined forgiveness process for PPP loans of $150,000 or less. SBA will open a Direct Forgiveness Portal for qualifying borrowers on August 4, 2021.
Many businesses have had to adapt and make changes to their business models due to the pandemic, and in this blog post, we cover which changes we think will last into the future - specifically within the LBM and hardware industries.
With the economy gaining momentum as more states and localities lift COVID restrictions, many industries and their customers are seeing rapid increases in the prices for goods and services. In times of volatile prices, it is important for any business owner to sit down with their insurance broker and review their coverage.
There has been a lot of discussion in the news and among financial professionals about whether inflation is a real threat to our economy, or if the current price increases are just a short-term consequence of the economy restarting after more than a year of on-again, off-again lockdowns due to the pandemic. Therefore, we would like to provide you with a summary of how Stratus analyzes the price increase information we are hearing.
As more people become concerned about our impact on the planet, the asset management industry has tried to keep pace. To help investors understand the ESG strategy of one firm, this blog post will summarize the approach taken by Dimensional Fund Advisors (DFA), one of the primary asset management companies that we partner with at Stratus.
While the pandemic has drastically shifted the economy, finances, savings and spending habits, and our approach to financial planning, not all of it has been bad, and we continue to try to look on the bright side – and help our clients do the same.