by Victor Jung | Oct 9, 2020 | Business
With the effects of COVID-19 rippling through the economy, it’s easy to feel overwhelmed. Many businesses are being forced to shut their doors temporarily. What should you do first? How can you protect your finances in a volatile economy? Understand your business’...
by Victor Jung | Oct 6, 2020 | Business, Financing, Victor Jung
Financial statements may not immediately drum up feelings of elation—but, I think numbers can bring joy. Understanding these statements will help you accurately assess how profitable you are, see where you can adjust spending, and help your business grow. Where...
by Victor Jung | Oct 2, 2020 | Business, Financing, Victor Jung
The SBA has reopened their Economic Injury Disaster Loan (EIDL) program. Apply, and you could get up to $150,000 in funding for your small business. Here’s what you need to know. The EIDL is a low-interest loan program administered by the SBA. It’s meant to provide...
by Victor Jung | Sep 29, 2020 | Business, Victor Jung
Round two of the PPP loan program is here, and that means more small businesses are getting the funds they need. Once you receive your PPP loan, there are some important steps you need to take in order to turn your loan into a forgivable, non-taxable grant. Here’s how...
by Victor Jung | May 12, 2020 | Business
The workplace has never been the same. Over the years, it has gone through several dramatic changes. People no longer are mandated to wear a suit and tie to work. People are specifically being hired to devise strategies for the effective use of social media. The top...
by Victor Jung | May 6, 2020 | Leadership
What is change leadership? Often confused with change management, change leadership focuses on motivating the members of a team to be the change. It encourages team members to bring about change through collaboration, creativity, and motivation. That said, not...
by Victor Jung | May 4, 2020 | Business
Since the Coronavirus outbreak in Wuhan (China), COVID-19 has spread around the globe at an exponential rate and caused a global pandemic. So far, it has afflicted over 2,609,100 individuals and delivered heavy blows to nearly every industry. Like other sectors, the...
by Victor Jung | Apr 30, 2020 | Financing
In March, the International Monetary Fund (IMF) warned of an upcoming recession as a result of the Coronavirus pandemic. The virus has claimed 179,984 lives so far and brought the global economy to a standstill. With workers get laid off and job security being...
by Victor Jung | Mar 18, 2020 | Leadership
Leadership Most professionals occupying executive-level positions tend to disregard the opinions of their subordinates and believe in instructing them to act in a certain way. This philosophy of “My way or the highway,” can be very damaging for organizational growth....
by Victor Jung | Mar 12, 2020 | Business
Originating in the province of Wuhan in late 2019, the Coronavirus outbreak has plunged China into a nationwide health emergency. 29 countries have been exposed to the virus so far and the reported death toll is more than 2,000 individuals. Given how China has...
