Small Businesses: Consider Economic Injury Disaster Loans (EIDLs)

  |  July 13, 2020

In the distress of the pandemic, one source of economic aid may not be getting enough attention from small businesses: the Economic Injury Disaster Loan (EIDL). Like a Paycheck Protection Program (PPP) loan, the EIDL is provided by the U.S. Small Business Administration. In an interview, REDW Principal Brian Foltyn provides some quick, essential highlights about EIDLs. Read more. Read More

COVID-19 + Business Interruption

  |  April 20, 2020

Business interruption (“BI”) protection is typically included in commercial property insurance policies issued to millions of small businesses. In the wake of the COVID-19 crisis, businesses are starting to make claims under commercial property policies, however the insurance industry has made it clear that COVID-19 is not a cause of loss anticipated under the coverage... Read more. Read More

An Introduction to Misleading Charts: When Good Data Is Plotted Badly

  |  January 27, 2020

Communication has become more visual than ever before. Just look at Instagram, Facebook, Twitter’s world of 280 character tweets, and now TikTok. The chart remains an effective way to visually communicate data, and almost anyone with access to charting software, such as MS Excel, can easily create one. But while charts can be valuable tools to help present data as compelling stories, charts can also mislead. Read more. Read More

The Value of Due Diligence to a Business Transaction

  |  May 3, 2019

You’ve decided to sell your company. How do you make sure you will receive fair value for the true worth of the business? After all, you have spent years building a brand, a reputation, and success of your business. Now that you’re finally considering your exit strategy, it is vital that you can meet your objectives when the exit is imminent. Read more. Read More

The Impact of M&M Candies in Business Valuation

  |  January 31, 2019

Rock band Van Halen’s 1982 world tour performance rider contained a provision (under the Munchies section) demanding a bowl of M&M candies backstage, with all the brown M&Ms removed. The consequence of even a single brown M&M found in the bowl was a forfeit of the entire show at full price – and maybe even a trashed dressing room.  

The motivation behind the provision was actually a hidden safety measure. Read more. Read More