Monthly Archives: October 2020

From Bruce Willis photobombing a shot with his yacht to North Korean-like security on the set, these are some interesting behind-the-scenes revelations about the classic series.

SBA Approves Simple 1-Page PPP Forgiveness Application for Loans of $50,000 or Less

by Mat Sorensen • October 12, 2020 • 0 Comments

The new guidelines remove calculation requirements and simplify supporting-document rules.

Amazon Prime Day: 3 tips to buy during the offers that start tomorrow

by Entrepreneur en Español • October 12, 2020 • 0 Comments

Buy now or wait for the Good End and Black Friday? The financial optimizer Fintonic tells us three keys to take advantage of this date and those to come.

NASA Delays First Crew Dragon Operational Mission to November

by Successful IBO • October 12, 2020 • 0 Comments

SpaceX wants to study a Falcon 9 anomaly first.

Why an Adaptive Mindset Matters for Entrepreneurs

by Aytekin Tank • October 12, 2020 • 0 Comments

Struggling to adapt? Here are four ways to gain more perspective.

Attracting investment: 6 ingredients for building an irresistible team

by Matthew Cushen • October 12, 2020 • 0 Comments

Originally written by Matthew Cushen on Small Business
There are many components needed for attracting investment — building the right team is one of them.
Just because it is now clichéd doesn’t undermine the truth. For investors, the team is the most important criteria when making an investment. But beyond the headline truth, what makes a founder or a founding team attractive?
For a start, experienced investors have worked out that who you’d recruit into your current or previous business is not the same as who you would back with funding. So it figures that the way you market yourself for investment is going to be different from the way you may have approached job hunting.
Within Worth Capital we, right from an initial piece of paper, through every e-mail, phone call or meeting, are relentless in looking for clues across 6 areas:
1. Battlescars
We value experience in the market space the business is targeting and expertise in the areas needed to make the business model work. For example, when building a new food or beverage brand there are three aspects of the business that are critical: developing a product people will love and want to buy repeatedly; being able to create and nurture a

Hot Business News Today

MPs to fight Sunak over move to hike national insurance for self-employed

by Timothy Adler • October 12, 2020 • 0 Comments

Originally written by Timothy Adler on Small Business
MPs plan to fight chancellor Rishi Sunak over his move to increase National Insurance tax for the self-employed, bringing it into line with PAYE.
Back in March, the chancellor hinted that he wanted to increase NI for the self-employed, to help pay for the Self-Employed Income Support Scheme (SEISS).
To date, the SEISS has cost the Treasury £13.4bn, with 2.7m self-employed claiming for the first income support grant, and 2.2m accessing the second.
>See also: Rishi Sunak plans grants for small businesses hit by hard lockdown
Earlier this year, Sunak was considering whether to raise national insurance contributions (NICs) paid by the self-employed by 3 per cent to pay for the SEISS.
Currently, class 4 NICs for self-employed people stand at 9 per cent a year, while those who are employed pay 12 per cent a year. Increasing this duty would add £500 to the annual tax bill for anyone self-employed earning over £42,000 a year; and £200 for the average self-employed worker.
The chancellor has since delayed his autumn statement, given the fast-moving coronavirus situation and how quickly the Treasury has to think on its feet, expanding the Job Support Scheme.
>See also: £40m funding for hospitality firms in

Hot Business News Today

Redtape simplified for small business seeking CVA protection

by Timothy Adler • October 12, 2020 • 0 Comments

Originally written by Timothy Adler on Small Business
Any small business that needs protection from creditors while it continues to trade through Covid-19 will find it easier now the CVA process has been simplified.
Insolvency body R3 has published a standard form extending the help bigger companies get when they go into administration but continue to trade.
Although high-street names such as New Look and Travelodge have entered company voluntary arrangements (CVAs) until now they have been too complicated and costly for small businesses on life support.
>See also: Why the Government’s new insolvency bill is bad news for sole traders
What is a CVA?
A CVA is a form of insolvency used by businesses to cut debts, restructure their capital or dispose of assets such as property leases.
At least 75 per cent of unsecured creditors must agree to such a proposal for it to go ahead.
The R3 standard form details what businesses need to do to reach an agreement with their creditors, settle their debts and turnaround their business.
The form includes a breathing space period to allow a business time to restructure without fear of action from its creditors, to be followed by a payment period where a company’s debts are paid in line with