Cash flow planning is essential to insuring you'll have the resources you need to not only survive 2020, but revive and grow. Every business needs one. Do you a cash flow plan that insures you'll have enough cash reserves or credit available to … [Read more...]
BLOG
Be open to learning. Never stop. Find knowledge-building insights here.
Here you will find insights, tips and road signs to help you steer your business towards profitability, sustainability and financial strength. Raise your business instincts and gut level decision-making to new heights because in today’s business climate, there’s very little room for error and even less room for bad habits.
Your Shape of Recovery
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...]
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...]