Archive | Planning

The Covid Hangover

In response to Covid, the federal government rolled out a number of programs to help stabilize the economy. The most well known was the PPP, or Payroll Protection Program of loans, most of which were forgiven, making them grants. PPP loans probably did protect payrolls and it certainly put a lot of money into business […]

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Are We Going to Have a Recession?

Are we going to have a recession? Of course, the only question is when. Here’s my prediction: It has already started. The statistics that will confirm this are a lagging indicator; we’ll learn this summer that it started in May. I wouldn’t be so sure but the Fed’s efforts to stop inflation seem to guarantee […]

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Post Pandemic, Part 2

This is the second part of my thoughts on post-pandemic workplaces, management, company structures and company cultures. Last week I gave you my general thoughts, including my recommended approach to business owners trying to figure out the combination of going back to pre-pandemic norms while adopting new approaches learned over the last 15 months. Briefly, […]

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Post Pandemic, Part 1

We’re coming out of the pandemic and it seems to be happening very fast. For business owners, what’s next? The consensus is that the pandemic acted as an accelerant to trends that were already underway. What the pandemic did was accelerate those trends about ten years in the space of about 15 months. To me, […]

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This Time of Year

This time of year, we businesspeople are typically working on next year’s budget and year-end tax planning. During December 2020, most of us are adding Covid concerns and PPP Loan Forgiveness to our usual year-end list. Let’s briefly talk about each of these items. Budgets While Covid brought a whole new world for many, and […]

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Another Great Relearning

Tom Wolfe, the author of The Bonfire of the Vanities, The Right Stuff and many other bestsellers, once wrote an article called The Great Relearning. It was about how societies sometimes need to relearn things that have collectively been forgotten. One example was San Francisco’s health clinics in 1968. Hippies were challenging the status quo […]

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RMA Predictions on Recession

I’ve been a member of the board of directors of the local RMA chapter for many years. RMA is Risk Management Associates, the national bankers’ organization. It has been around for over one hundred years and was know for most of its existence as Robert Morris Associates, Robert Morris being George Washington’s banker and the […]

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