Cash Is King . . . ERTC is ALIVE and WELL . . . Learn More
January 19, 2022
Hosted by Frank Helring
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Guest Information
Episode Description
Cash Is King or so the saying goes. It's a business statement that has withstood time and memorial. The NEED for this historic and long standing truth is ever more apparent with the failure rate of "Brick and Mortar" Small Businesses escalating far beyond what anyone could dream or imagine!. For some of you out there you have now ongoing payments to the SBA on EIDL loans that will go on for 30 years because these loans must be paid back unless of course you experience what is stated previously which is total business failure and even then they have a right to try and salvage whatever hard assets of your business are left that have value. Some of you may have been fortunate enough to have secured the two rounds of PPP fundings which had forgiveness, AKA "No Pay Back" provisions but those are now LONG GONE and Congress will NOT bring them back. Enter the ERTC, known as the Employee Retention Tax Credit. These funds became known around the middle of 2021 and they are substantial because they are based upon how many employees you had during both 2020 and 2021. A full six quarters of eligibility with the top step of funding being $7,000 per employee, per quarter of qualification!!! Oh by the way, these funds do NOT require payback as well. This money is available to you without any strings and you can use it to keep your business afloat during dare I say some upcoming "Shut Downs"??? Who knows where this pandemic is heading. We know where its been and we can see the OMICRON Storm Clouds now raining on us and even darker clouds on the horizon with clapping thunder accompanying them. I ran a show on the ERTC last year and at that time EVERYONE was under the impression that it was like a FIRE SALE with termination occurring on 12/31/21. That is NOT the case. Today, we will revisit the ERTC to find out what the real story is and the "How To'" that is available to you NOW for the procurement of these funds for your business! This information is being supplied by one of my sponsors, MODA Business Solutions.www.modabusinesssolutions.com, Keeping you Well and Informed is a good part of what this show is all about and today is no different!
BizZne$$ BuzZ and BizZne$$ Watch
Wednesday at 10 AM Pacific Time on VoiceAmerica Business Channel
BizZne$$ BuzZ is all about your business. Small business is in trouble and they have been as far back as the “rocking” that occurred in 2008. The 14.2 percent loss of many brick and mortar small businesses happened by the year 2015 (source, NFIB 2015 Report). Already being squeezed by Internet predators, like Amazon, E-Bay, etc. They are literally sucking the life out of small businesses by customer and profit “siphoning.” B2B Networking Groups and social media disappointments abound.
Small business needs a “counter” to these E-commerce tsunamis and that mechanism is the power of UNITY, RELATIONSHIP and the Law of RECIPROCITY. This is an EDGE that is a non-compete. The “perfect storm” of shut down/customer distancing, lack of capital and uncertainty are the devastating effects of COVID19 disruption.
Our mission is to provide your business the boost that it needs to recapture your personal visions, rejuvenate your operations and to bring about a platform that represents your interests.
Frank Helring
Frank Helring is the CEO and Founder of TheHubmartLLC. He is an established executive with over 45 years of service encompassing Christian ministries, private/corporate insurance, public/philanthropic enterprises and private equities sectors.
His past tenures include owning his own General Insurance Agency from October 1977 to 1991, serving as an Executive Director with World Vision of Orange County from 1994 to 1998 inclusive as a President and CEO of a community-based organization.He has served as President of JMS Consulting Group 2004-2006, a private equities firm in Los Angeles during which time he personally consulted to the VP of Benefits of the legendary NFIB.com on “Boutique” Membership programs and Association negotiating levels of involvement. He and his wife have owned Allure Med Aesthetics, Inc. a medical aesthetics practice, since 2013. Most recently, he is currently involved with revolutionary firms engaged in accelerating the emerging “opportunity commercial marketplace” and cutting edge medical regeneration technologies.
Frank resides in Mission Viejo, with his wife Rhoda. His combination of grassroots community involvement, strategic relationships formation and continued success as a visionary corporate entrepreneur distinguish him as an invaluable asset to the small business community at large.
