Real estate agents received billions in PPP loans during the pandemic

More than $3.9 billion in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80 percent of that amount was forgiven. Continue reading

Why the COVID-19 crisis isn’t like 2008

With climbing unemployment rates, this year’s crisis might feel like déjà vu. However, there are key differences between the coronavirus-induced recession and the Great Recession. Continue reading

How to get a loan and save your business during the pandemic

In a bill passed last week, lawmakers provided for some serious financial aid for small businesses such as real estate brokerages. Continue reading

California Realtors group lays out agent aid programs

Agents and brokers can now get loans and payments akin to unemployment insurance thanks to a bill lawmakers passed last week. Continue reading

How the Coronavirus Is Impacting Small Business Owners

(This article was updated March 23, 2020  and March 27, to reflect new programs from the Federal Reserve to assist small businesses and the new coronavirus stimulus law.) The pain and uncertainty of the impact of the coronavirus on small business owner… Continue reading

How to Become a SCORE Small Business Mentor

When Meleisa Holek retired from a 24-year career in marketing at IBM in 2018, she hoped to find a meaningful, flexible, volunteer role that would take advantage of her professional skills. She found one: becoming a business mentor and director of marke… Continue reading

The Government Program Funding Startups for Older Adults

The clamoring need to help solve big thorny problems like Alzheimer’s disease and other age-related issues is growing more urgent. But it’s often hard for entrepreneurs to raise money to develop products and services. That’s where a novel, little-known… Continue reading

How to Manage Financial Risk When Starting a Business in Retirement

Modern retirement is no longer a career-ending event, but instead, often a professional reinvention. “For many people, retirement is a time to take on an encore career or start a new business,” says Jamie Hopkins, director of retirement research at Car… Continue reading

Starting a Business After 50: How to Manage the Financial Risk

Transitioning from your nine-to-five career to becoming a business owner after 50 may sound enticing, with the freedom to set your own hours and profit from your passions. But midlife entrepreneurship comes with financial risks, too. Here’s how to mana… Continue reading

5 Reasons to Start a Business in Retirement

Retirement is the perfect time for things like travel and exploring old passions. It can also be a great time to start a business. That was the case for Paul A. Dillon, of the Raleigh-Durham, N.C. area. He retired as a managing director at the RSM McGl… Continue reading