Paychex Thrive Week in Review: Bankruptcies Rise, Score with NHL’s Penguins, and Prison Education Plan a Breakout


Why the rise in business bankruptcies is the biggest story of the year


For the 13th consecutive month, business bankruptcies have increased, including a 17 percent month-over-month spike from July to August. Gene Marks sees this as the biggest story of the year and shares how businesses can get additional protection under a 2019 law. In Pittsburgh, a bank has teamed with the NHL’s Penguins to provide a camp to share business guidance and grants, similar to a program in Massachusetts’ prisons that gives education and skills training to inmates to prepare them for the working world. Listen to the podcast to gain some insights and advice for your business.

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Gene Marks

Columnist on smallbiz, economy, public policy, tech for The Guardian, The Hill, Philly Inquirer, Wash Times, Forbes, Entrepreneur. Small Business owner and CPA