Most businesses have now either reopened, or are about to reopen. After weeks of little or no sales, we are ready for the flood gates of customers and cash flow to open, too. Some business who were deemed essential have been up and running … [Read more...]
Archives for May 2020
Ready, Set, Go? The Reality of Reopening
The two-month, state-mandated shutdown was long. Her re-opening plan was solid, with the proper cleaning, PPE and social distancing protocols in place. The checklists, set up of supplies and training were all implemented with forethought, precision … [Read more...]
PPP Loan Forgiveness Application Released: Is This Your Final Answer?
Every day for the past 2 weeks I received at least five questions about PPP loan forgiveness details. I have some great resources from my association with other professionals. I've read the CARES Act nearly word for word and digested more webinars, … [Read more...]
There’s a Muddy Road Ahead. See it More Clearly with a Cash Flow Forecast.
At Profit Soup, we’ve always been big fans of cash flow forecasting. That’s why we’ve developed new (free) weekly and monthly cash flow workbooks for planning your cash and financing needs. The Covid-19 crisis makes cash flow planning much more … [Read more...]