SBA Update: You're Getting Screwed! EIDL PPP Will Force Small Businesses into BANKRUPTCY
As an optimist, I’ve tried to remain calm and believe the government regarding small business relief efforts during the COVID-19 global pandemic. Unfortunately, my optimism is running thin.
I’m getting worried that the SBA programs designed to assist small businesses, such as the Economic Injury Disaster Loans (EIDL) and Paycheck Protection Program (PPP), are going to cause more harm than good. My predictions show a rise of bankruptcies, acquisitions and restructures in the future, all of which are not ideal for small businesses across the United States.
Small businesses are the backbone of America, which is why I’ve been so appalled at how the government has responded to save these vital US jobs. If this slow response continues and small businesses are forced to take out loans to cover debt, many companies will be forced to close their doors for good.
Hopefully the SBA will step up to the plate and design more effective disaster relief programs, but I’m worried that big businesses will once again be the big winner at the end of this. Learn more about small businesses filing for bankruptcy, survival metrics for companies and what this means for the American workforce in this video.
Time are tough, which is why we need to make time to laugh. Watch until the end of the video for a SURPRISE.
Worried about your finances during these troubling economic times? Don’t let the coronavirus get in the way of studying for a new career. Learn to master the art of buying and selling real estate with my Master’s Course. For a limited time, each purchase comes with a free hour of consultation ($5,000 value). Buy my Real Estate Master’s Course here: https://andrewcartwright.podia.com/real-estate-mastery-course
Shout out to Valuetainment, Patrick Bet-David and Danielle DiMartino Booth for their valuable conversation: https://www.youtube.com/watch?v=jsV_YXq-1x4
Source Article: https://www.businessinsider.com/what-it-costs-to-open-a-subway-2015-3
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NOTICE OF RISK: Content is for News & Entertainment purposes only. Do not make accounting, legal, business, personal or financial decision based on content provided. ALWAYS CONSULT A PAID PROFESSIONAL. The content provided is owned and expressed by ORIGIN, LLC a multi media company. Andrew Cartwright is an employed personality and is not LEGALLY responsible for the following content. The information provided is the opinion of Origin Marque Media. Always do your own research and always make your own decisions. STOCK MARKET, BUSINESS, AND REAL ESTATE HAVE HUGE RISK.
Business Broker Permit NV
Andrew Cartwright is duly authorized to conduct the business of business broker
Permit number: BUSB.0006857.BKR
Real Estate License NV
Andrew Cartwright is duly authorized to act as a real estate broker
License number: B.1001331.LLC
#BANKRUPTCY #EIDL #PPP #SBALOAN #LIES #USECONOMY #CORONAVIRUS #FINANCIALRELIEF
Видео SBA Update: You're Getting Screwed! EIDL PPP Will Force Small Businesses into BANKRUPTCY канала Andrew Cartwright
I’m getting worried that the SBA programs designed to assist small businesses, such as the Economic Injury Disaster Loans (EIDL) and Paycheck Protection Program (PPP), are going to cause more harm than good. My predictions show a rise of bankruptcies, acquisitions and restructures in the future, all of which are not ideal for small businesses across the United States.
Small businesses are the backbone of America, which is why I’ve been so appalled at how the government has responded to save these vital US jobs. If this slow response continues and small businesses are forced to take out loans to cover debt, many companies will be forced to close their doors for good.
Hopefully the SBA will step up to the plate and design more effective disaster relief programs, but I’m worried that big businesses will once again be the big winner at the end of this. Learn more about small businesses filing for bankruptcy, survival metrics for companies and what this means for the American workforce in this video.
Time are tough, which is why we need to make time to laugh. Watch until the end of the video for a SURPRISE.
Worried about your finances during these troubling economic times? Don’t let the coronavirus get in the way of studying for a new career. Learn to master the art of buying and selling real estate with my Master’s Course. For a limited time, each purchase comes with a free hour of consultation ($5,000 value). Buy my Real Estate Master’s Course here: https://andrewcartwright.podia.com/real-estate-mastery-course
Shout out to Valuetainment, Patrick Bet-David and Danielle DiMartino Booth for their valuable conversation: https://www.youtube.com/watch?v=jsV_YXq-1x4
Source Article: https://www.businessinsider.com/what-it-costs-to-open-a-subway-2015-3
GET FREE MONEY NOW! OPEN AN ACCOUNT IN ROBINHOOD AND GET A FREE STOCK!!!!!!
https://join.robinhood.com/andrewc5595
GET MORE FREE MONEY NOW! OPEN AN ACCOUNT IN WEBULL AND GET A FREE STOCK!!!!!!
https://act.webull.com/promotion/participation/share.html?inviteCode=LJrh9B3jYP66
GET MY BOOK: https://amzn.to/2Ub8nw2
NOTICE OF RISK: Content is for News & Entertainment purposes only. Do not make accounting, legal, business, personal or financial decision based on content provided. ALWAYS CONSULT A PAID PROFESSIONAL. The content provided is owned and expressed by ORIGIN, LLC a multi media company. Andrew Cartwright is an employed personality and is not LEGALLY responsible for the following content. The information provided is the opinion of Origin Marque Media. Always do your own research and always make your own decisions. STOCK MARKET, BUSINESS, AND REAL ESTATE HAVE HUGE RISK.
Business Broker Permit NV
Andrew Cartwright is duly authorized to conduct the business of business broker
Permit number: BUSB.0006857.BKR
Real Estate License NV
Andrew Cartwright is duly authorized to act as a real estate broker
License number: B.1001331.LLC
#BANKRUPTCY #EIDL #PPP #SBALOAN #LIES #USECONOMY #CORONAVIRUS #FINANCIALRELIEF
Видео SBA Update: You're Getting Screwed! EIDL PPP Will Force Small Businesses into BANKRUPTCY канала Andrew Cartwright
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