The federal government is making a lot of COVID-19 relief programs available. Where do I start, and how quickly do I need to act? It is a bit overwhelming, and new information is coming out every day. Take a deep breath, because KSM Location Advisors, with the help of Katz, Sapper & Miller, is working … Continue reading Paycheck Protection Program: What Should You Be Doing Now?
On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. While the sweeping legislation introduces a multitude of significant measures, the Paycheck Protection Program is a lifeline for small businesses, injecting capital when they need it most. However, the hallmark of the program is that the loans can … Continue reading CARES Act Introduces Forgivable Loans With Paycheck Protection Program
The unprecedented events in response to the COVID-19 pandemic are impacting every business in complex ways. Maintaining adequate cash flow to sustain successful operations is likely to elevate as a significant risk for many companies. However, there are tried-and-true processes that can help identify a potential cash crunch and maximize critical reaction time to avoid … Continue reading Managing Cash Flow in Times of Uncertainty
This article originally appeared in The Indiana Manufacturer. It’s no secret that Indiana has a highly competitive business environment backed by a state administration that is committed to growing existing and attracting new businesses. However, the businesses themselves often don’t understand what incentive programs are available to support growth plans. As one of the largest employment … Continue reading Incentive Tools for Indiana Manufacturers
This article originally appeared on insideindianabusiness.com. The economic divide in large cities continues to expand. Despite a financial resurgence following the 2007-2009 recession, the system wasn’t fixing itself. Enter Qualified Opportunity Zones (QOZ), a program included in the Tax Cuts and Jobs Act of 2017 designed to boost development in economically distressed communities. In exchange for new … Continue reading (i) on Economic Development: Opportunity Zones: Changing the Course of Real Estate Investment
Hello, and welcome to KSM Location Advisor’s annual Legislative Update! You’ll find detail after detail about what legislative actions the 2019 Indiana General Assembly took in the world of economic development. For example: Is the Venture Capital Investment Tax Credit finally transferrable? It is! Will data centers become more prevalent in Indiana because of important … Continue reading 2019 Indiana Legislative Update
This article originally appeared on IBJ.com. Indiana’s success (or failure) at talent development is key to its future. Legislators and Gov. Eric Holcomb have spent a lot of time addressing this challenge. They’ve created new programs, talked of consolidating agencies, and devoted a lot of money trying to do it better, smarter. We support and … Continue reading State’s Skills Enhancement Fund Works but Is at Risk
This article originally appeared on REJournals.com. During the dawn of Amazon’s announcement that the world’s most beloved business was in search of a second headquarters (HQ2), economic development watchers predicted a bold, new day in site selection. Renowned renovator of so many fundamentals of our everyday lives – from how we purchase goods to how … Continue reading Any Lessons Learned From Amazon’s HQ2 Debacle in New York?
This article originally appeared on IBJ.com. A collective sigh of relief could be heard from the losing cities that competed for Amazon’s HQ2 as they watched the frame-by-frame wreckage of the company’s flameout in New York. On an economic development disaster scale of 1 to 10, Jeff Bezos’ decision to pull out of the Empire … Continue reading Legislature Should Learn From New York’s HQ2 Flameout
This article originally appeared on siteselection.com. Alexa, what happened? Amazon’s decision to cancel its New York headquarters project means different things to different people, depending upon their perspective. For state and local supporters of the deal, it means lost jobs, lost sources of new tax revenue, lost redevelopment opportunities, and the lost multiplier effect associated … Continue reading Alexa, What Just Happened? Trying to Make Sense of the Amazon Debacle in NY Yields Valuable Lessons
