January 22, 2021
Published by 
Dan Isard on January 22, 2021
Dan Isard on January 22, 2021“Dan, I own a 45-acre cemetery that has about 10 acres sold. We sell about 100 graves a year. We are interning about 10 urns a year. We have no above-ground crypts or niches as that takes a substantial investment. At this rate, it could take 350 years to use up all this land. Can I take some of it out of the cemetery trust and sell it off?” –Tom in Small Town, Minnesota Dear Small Town Tom, First, your math is wrong. You have much more than 350 years of inventory! I am assuming you are multiplying the 35 acres of undeveloped land by 1,000 graves an acre (35,000 potential graves) and then dividing that by a consumption of 100 graves a year. The mathematical result is about 350 years. This is a case of the math being right […]
January 22, 2021
Published by 
Gabriel Ngo on January 22, 2021
Gabriel Ngo on January 22, 2021“Money, if it does not bring you happiness, will at least help you be miserable in comfort.” – Helen Gurley Brown (Author/Publisher) On January 8, 2021, the U.S. Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) re-opened its acceptance of applications for capital access from both new borrowers and certain existing PPP borrowers beginning the week of January 11th. Community banks and financial institutions began accepting first draw and second draw PPP applications starting the week of January 11th. All other participating lenders were allowed by the SBA to begin accepting PPP applications shortly thereafter. The SBA also issued some new guidance surrounding this round of PPP which authorizes up to $284 billion toward job retention and certain other expenses through the application deadline of March 21, 2021. Key PPP guidance updates include the following: First time […]
January 7, 2021
Published by 
Nicole Vullo on January 7, 2021
Nicole Vullo on January 7, 2021The 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
Published by 
Foresight on January 5, 2021
Foresight on January 5, 2021Long 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
Published by Nicole Vullo on December 29, 2020
Nicole Vullo on December 29, 2020Additional 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 […]