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Insurance & Financial Services

VIEWPOINT: Who’s the New Boss? How to Avoid Succession-Planning Mistakes

Many corporations have endured a rough 2020 that included the designations of top executives at some major brands. Will their replacements be ready? It’s a fair question, especially if the new company leader is promoted from within. Studies show many senior leaders don’t think their firms to properly educate and prepare future leaders for succession.  If […]

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VIEWPOINT: SBA’s troubling new requirements for PPP borrowers of more than $2 million

The U.S. Small Business Administration (SBA) has circulated Paycheck Protection Program (PPP) loan-necessity questionnaire forms that it intends to require borrowers with PPP loans in excess of $2 million to complete. It is expected that nonprofit-entity borrowers will be required to complete Form 3510 (https://www.bsk.com/uploads/SBA-Form-3510.pdf) and for-profit entity borrowers will have to complete Form 3509

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