Ellen McIlhenny - The Smart and Savvy Exit – Interview with Rob Youngblood
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Now that we are coming up on the first year of PPP and EIDL loans we are starting to see some of the ramifications of when there is a fast pedal a roll out of any government plan. Some people are finding themselves the victims of fraud and are receiving there first bills for PPP and EIDL loans taken out in their names or their business names.
A new report estimates that the fraud on the two programs could be as much as 84 billion dollars. That is money that didn’t go to businesses that needed it.
To add insult to injury, these business owners who had this fraud committed against them are now having to put extra safety measures in place because there is a good chance that their identity was more than likely also stolen.
Show Objectives - The Why
Today I will be talking to Rob Youngblood of TB Connects about what to do with all the expertise that you have built up as a small business owner – Do you have a book to write? We will explore how to get that done.
Next Week: Retiring from you business without selling.
Written by Ellen McIlhenny
Owner of CFO Plus Services, a Fractional CFO services firm which also offers Back Office Bookkeeping Services. Author of the business novel The Big Turnaround; How Bad Management Nearly Destroyed an Exceptional Company. Check it out at https://thebigturnaround.com
You can connect with Ellen on any of her #cfoplusservices platforms or firstname.lastname@example.org
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