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...]
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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.
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...]
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...]
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...]
Your governor says your business can open May 1, so COVID 19 is no longer contagious, right? Wrong. Not only is it still contagious, but the virus is living among your customers, staff, delivery drivers and suppliers. Since we’re not testing … [Read more...]