Wood CPA

What is the SBA Looking For When You Apply For A Loan?

The Small Business Administration (SBA) offers several different types of loans, making getting a loan more accessible to small businesses. Even so, the SBA loan application process can seem daunting, especially if you’re

Leading your Business Through Uncertain Times

The COVID-19 pandemic has brought uncertainty, fear, and anxiety to our workplaces, especially for small business owners and their employees. How do you lead your business through these uncertain times? How can you

Recession-Proof your Business with these Tips

The current COVID-19 pandemic has brought a lot of uncertainty to our economy, with many businesses temporarily shuttered and millions of people facing unemployment. If you are a business owner, now is the

Budgeting Strategies for Small Business Owners

An effective budget is a vital part of success for any small business. A good budget gives you a snapshot of the financial health of your business, provides structure for day-to-day decisions, and

The CARES Act and What it Means for You

In response to the COVID-19 pandemic, Congress recently passed an economic stimulus package called the CARES Act (Coronavirus Aid, Relief, and Economic Security). This bill includes stimulus payments, expanded unemployment benefits, changes to