March 2021 Newsletter Celebrating Women Owner Businesses this Month and Pandemic Resources Update

March 2021 Newsletter Celebrating Women Owner Businesses this Month and Pandemic Resources Update

March 2021 Newsletter Celebrating Women Owner Businesses this Month and Pandemic Resources Update

March 2021 Newsletter Celebrating Women Owner Businesses this Month and Pandemic Resources Update

March 2021 Newsletter Celebrating Women Owner Businesses this Month and Pandemic Resources Update

With the Spring Equinox having arrived and awakening us to new beginnings, we are taking a moment to celebrate our women business owners - locally and in the larger collective, who have courageously embarked on their own new beginnings to effect positive change. Check out the awesome statistics below!

- The Big Pic Results Team

Good News, Bad News. YES! We have more women business owners than ever! YET we STILL have a ways to go as evidenced by the Gender Pay Gap. Check out this helpful article published by Ellevate Network, a Global Professional Women's Network that actively champions gender equality by empowering women with resources and community.

Other women centric organizations and resources we're big fans of are:

Hera Hub - Women's co-working spaces with tremendous entrepreneurial support and think tank resources

National Association of Women Business Owners (NAWBO)

SCORE for Women Entrepreneurs Resources

Pandemic Updates & Resources

SBA Updates - EIDL & PPP

  • PPP - Updated PPP applications for Self-Employed and Sole Proprietors now asks for Gross Income (instead of Net Profit on Schedule C)

  • FUN FACT: 99.7% of PPP loans are forgiven

  • All SBA disaster loans, including EIDL Loan Payments, are deferred until 2022

Federal Contracts and Grants

  • Helpful tips for women-owned businesses and winning Federal contracts, financing & grants can be found here.

  • Here's a great webinar to guide any small business owner through finding and applying for Federal grants

 

Updates & Resources

  • PPP Applications close 3/31/21

  • Monitor 20% Revenue decrease for ERTC tax credits NOW extended through Q4 2021. Also, for those Employers that didn't claim the ERTC, retroactively claim credits using ITS Forms 941-X.

  • IRS extends individual tax deadline, read about that decision here.

  • 3rd Stimulus Package approved by the Biden Administration

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