Knowledge and Insights

Offering resources and insights that help clients and communities

One of the ways Mercadien accelerates client and community success is by continually enhancing and sharing knowledge.  By offering our expertise and thought leadership on key business and industry trends and issues, we’re a better resource to you. It benefits everyone to keep minds sharp and fingers on the pulse of what’s critical in today’s dynamic environment.

We’re pleased to provide articles, news, and information to help you stay up-to-date on topics affecting your organization; learn about best practices and processes in relevant fields; and simplify the business and financial complexities you may face.

UPCOMING EVENTS

SHERRY RITTER PRESENTS AT FMS NY/NJ'S SEPTEMBER CHAPTER MEETING

Wed., September 23, 2020 | 4:00 PM - 6:00 PM
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Mercadien Announces Executive Promotions; Names Ms. Lovepreet Buttar A Partner

September 14, 2020September 14, 2020; Princeton, NJ & Philadelphia, PA – The Mercadien Group is pleased to announce several promotions within the firm’s corporate leadership team.  Ms. Lovepreet Buttar, CPA, MBA, CGMA, PSA, a member of the Nonprofit & Human Services Group, was promoted to managing director of The Mercadien Group and principal in Mercadien, P.C., CPAs…Read More

Uptick in False Claims & Fraud Could Spell Trouble for PPP Loan Recipients

September 3, 2020 | By: Gina HollandRegulatory and enforcement actions are expected to increase in the foreseeable future as a result of the substantial number of businesses that applied for and received funds under the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). Recipients of the PPP loans should be mindful of the legal risks the borrowers and/or organization may face…Read More

Business Valuation Considerations In The Midst Of An Economic Downturn

September 3, 2020 | By: Jeffrey BarescianoThe effects of the COVID-19 pandemic have manifested in new ways of working virtually, historic unemployment levels, increased divorce rates, and many other evolving ways.[1] Closely held businesses have experienced unforeseen profitability growth or decline depending on the industry and other unique attributes of a specific company. In valuing a privately held company, the COVID-19…Read More

Mercadien Webinar Replay: Credit Risk Management During Uncertain Times

August 28, 2020Jorge Olazagasti, MBA, Director & Melissa Correa, CRCM, Manager, of Mercadien’s Financial Institutions Services Group presented a webinar Credit Risk Management During Uncertain Times on Thursday, August 27th. During the webinar, they went over: The immediate impact of the pandemic on credit risk management  Reviewing state specific lending initiatives How to monitor initiatives & delinquencies How…Read More

Jeffrey Baresciano, CPA, CFF, ABV, CVA Joins Mercadien as a Director

August 26, 2020Princeton, NJ & Philadelphia, PA – Myron M. Gellman, MBA, CBA, CMC, Chief Executive Officer of Mercadien, is pleased to announce the addition of Jeffrey Baresciano, CPA, CFF, ABV, CVA to the organization’s Forensic Accounting and Litigation Support team as a Director. Jeff’s arrival will allow our team to expand on these existing services and…Read More

$155M Funding Available for NJ Long-Term Care Facilities

August 12, 2020 | By: Matthew SmierciakYesterday New Jersey Governor Phil Murphy, Department of Health (DOH) Commissioner Judith Persichilli, and Department of Human Services Commissioner Carole Johnson announced that $155 million in relief funds will be provided to long-term care facilities.  The funding will assist the facilities with the implementation of a new DOH directive focused on safely reopening long-term care…Read More

Additional $15M in CARES Act Funding to be Distributed by the NJEDA

August 12, 2020 | By: Matthew SmierciakOn August 11, the New Jersey Economic Development Authority (NJEDA) approved $15.3 million in CARES Act funding through their Small Business Assistance Grant Program. The purpose of adding the additional funding to this program is to provide assistance to businesses located in twelve New Jersey counties that did not receive direct funding from the federal…Read More

FUNDING ALERT: NJRA SMALL BUSINESS LEASE EMERGENCY ASSISTANCE GRANT PROGRAM

August 5, 2020In response to the COVID-19 pandemic, the New Jersey Redevelopment Authority (NJRA) announced a $6 million grant program that allows businesses in 64 eligible municipalities that have been adversely affected by the virus to apply for grants of up to $10,000 to assist with lease payments. The program is targeted toward businesses with less than…Read More

Managing Director Myron Gellman Interviewed for August Issue of New Jersey Business Magazine

August 5, 2020Myron Gellman, MBA, CMC, CBA, Managing Director with Mercadien, was featured in the August issue of New Jersey Business Magazine. The article is titled, “It’s Good to be in the Middle” by Anthony Birritteri, Editor-in-Chief of New Jersey Business Magazine, and addresses the attractiveness of the middle market within the professional services realm. Within the…Read More

SBA Issues Procedural Notice for PPP Lender Forgiveness Reviews & Submissions

August 5, 2020 | By: Frank PinaOn July 23rd, the Small Business Administration (SBA) issued the following Procedural Notice regarding the process which lenders must follow in their review of your Paycheck Protection Program (PPP) forgiveness application and how they will interface with the SBA to request reimbursement for loans that they approve for forgiveness. View the Procedural Notice here –…Read More