Nicole Vullo

January 7, 2021

The EIDL Program Extended for 2021

The Small Business Administration recently announced that they have extended the deadline to apply for the Economic Injury Disaster Loan (EIDL) program. The deadline is now December 31, 2021.  This extension is a result of the recently passed and enacted bipartisan COVID-19 relief bill. The one change is that the EIDL Advance is not currently available as those funds have been fully allocated. Otherwise, EIDL loan applications can be received through December 2021, pending the availability of funds. Please note that the loans continue to be  offered with favorable terms such as a 3.75% interest rate for small businesses and 2.75% interest rate for nonprofit organizations, a 30-year repayment with no pre-payment penalties or fees, and an automatic deferment of one year before monthly payments begin. Every eligible business is encouraged to apply to get the assistance they need. You can apply online directly through the […]
January 5, 2021

The Foresight Companies Announces Chris Cruger as Chief Executive Officer

Long time industry expert to assume responsibility over the day-to-day operations of expanding company Phoenix, AZ— January 5, 2021 — It has been announced today that The Foresight Companies has appointed Chris Cruger as their new Chief Executive Officer which he will hold alongside the role of Managing Partner. His colleague and close friend, Dan Isard, former Managing Partner will continue as the Founder of the company. “We are very honored to announce that we continue to fulfill our long term plan to be able to provide the highest level of service to our clients and for the next generation by having Chris transition to Managing Partner effective January 1, 2021”, Dan Isard recently announced.  “There is no one in this profession with the experience, drive and ethics that Chris has.  Chris continues to successfully improve our operational and transactional […]
December 29, 2020

New Paycheck Protection Program Loans: What We Know So Far

Additional PPP loans, EIDL grants, Pandemic Unemployment benefits and other small business relief are arriving in 2021. The total allotted for these new PPP loans is just more than $284 billion. As with the first round, businesses may be qualified for full loan forgiveness if portions are correctly spent within a certain time frame. Please be advised that the information is changing quickly and is based on recent information on the programs. It can and is expected to change. The Foresight team will be checking and revising as new information becomes available. It is strongly suggested that you do not rely solely on this for your financial decisions. Continue reading below as we answer some popular questions related to the new program. Who is eligible for the new PPP Loans? Many small businesses may be eligible for the new PPP […]
December 21, 2020

Ask the Experts! Your Questions on Pricing Answered by The Foresight Team!

We  want to continue to provide you with insight and guidance on Pricing. For this month’s column, we spoke with Doug Gober again as he answers more popular pricing questions. Continue reading below as we provide information on competitor pricing and package pricing! Question: Should I match my competitors’ prices? Doug Gober: The critical element of pricing should be how you want to be seen in the marketplace. Because the market is so segmented, it is challenging for a funeral home to be all things to all people. It would be beneficial to define who you want to be in the marketplace rather than who and how your competitors are. This idea of determining your position is certainly more important than seeing what your competitors in the market are doing. In some cases, you may not be at the same […]
December 11, 2020

Pet Cremation and the Funeral Business: A “Bone-A-Fide” Opportunity is Now Available to Watch On-Demand

Pet services can be a great addition to your funeral home offerings, but it must be well-thought out and planned.  There are various business models you can use to start a pet business. The most common pet option that funeral homes choose to offer is pet cremation services. There are a multitude of considerations that must be made when beginning any new venture and pet cremation is no different. Our team at The Foresight Companies is well-versed in the financial, legal, operational, and marketing aspects of pet services and can help answer this driving question: Why should you offer pet cremation? We want to help you examine and understand the vast opportunity for implementing pet cremation services in your business model. Watch our webinar on-demand to hear key insights on: The Impact of Cremation on Funeral Business New Competition in […]
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