Tag: finance

Managing Your Cash Flow

Register online: https://us02web.zoom.us/webinar/register/WN_Lix2YKyrTlGFeCY6NTtHdA

As businesses look to minimize risk, keep their employees safe, and figure out how to maintain their supply systems, managing cash flow is key. Changes to pricing, marketing initiatives, expansions, staffing and other core expenses gives you a look into the future before a cash crisis.

Managing cash flow by creating financial projections is not an easy task but it is very important to help business owners see their cash needs in advance and allows them to make tactical decisions to influence cash flow. By projecting your revenue and expenses, you can get a more accurate view for how successful your business can be.

CFO Selections offers a free cash-flow calculator, available here.

Executive Speaker Series: Road to Recovery – Nonprofit Sector

While all businesses have been affected by the economic downturn caused by COVID-19, the nonprofits in our state are especially vulnerable as state and local budget contributes are cut and charitable giving decreases. But many of these organizations are also crucial in supporting our community through the provision of food and shelter, mental health resources, childcare, and more.

Join us to hear how some local nonprofits are managing funding deficits, how they have pivoted to meet changing needs in the community, and what they need to ensure a successful recovery.

Updates to PPP Loan Forgiveness Instructions

This webinar will cover the new Coronavirus relief bill updates to the Paycheck Protection Program (PPP) loan forgiveness application and related instructions.

Representatives from the SBA and the Washington State Small Business Development Center (SBDC) will provide updates on the new PPP loan and loan forgiveness requirements:

Topics Covered:

PPP Basic Forgiveness Application Information
The PPP Loan Forgiveness Application Required Docs
Simplified Process for PPP loans under $150,000
Effect of the EIDL Advance
Retro-active elements of the new legislation
What you will need to be most successful in obtaining loan forgiveness

This webinar will be presented bi-weekly as needed.

Presenters:

Steve Burke, Washington SBDC Certified Business Advisor

Janie Sacco, Marketing and Outreach Specialist, Seattle District Office, U.S. Small Business Administration

Mark Costello, Deputy District Director, Seattle District Office, U.S. Small Business Administration

Funding Available Under the Economic Aid Act Webinar

Funding Available Under the Economic Aid Act Webinar
Register at: https://us02web.zoom.us/webinar/register/WN_yK8arHZ4Sjy0EA8hroEgjQ

Don’t miss the Eastside Recovery Hub’s first webinar of 2021 focused on the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act), which was signed into law on December 27, 2020.

Join representatives from the U.S. Small Business Administration (SBA) and Washington Small Business Development Center (SBDC) as they review the new Coronavirus relief provisions available under the Economic Aid Act including the new round of Paycheck Protection Program (PPP) Loans.

Topics include:
• SBA Debt relief and other programs
• EIDL and EIDL Advance
• Special lending accessibility in the new legislation for certain businesses
• Update on how and where to apply for a new or additional PPP
• Allowed uses for the PPP loans
• Eligibility for the PPP, how to prepare and work with your lender
• Key improvements and changes to the PPP
• Preparation for loan forgiveness
• Where to get additional help

Q and A will be covered as time allows – feel free to submit your questions in advance when registering. If you are unable to attending the live webinar, please register to receive a link to the on-demand recording of the webinar.

#WeGotThisWA Series: PPP Forgiveness Update from SBA

Our speakers will share the latest PPP Loan updates and will delve into specifics on PPP Loan forgiveness. They will share examples of the forgiveness application forms, borrower documentation requirements, and answers to frequently asked questions about the process.

Selecting a Version of QuickBooks

Are you looking for a computerized accounting solution? This webinar will help you identify the QuickBooks features you need for your unique business. If you already are using QuickBooks and wonder if you should switch to a different version, this webinar will assist you in the decision-making process.

Since there is no “right” QuickBooks solution, we will compare the many versions of QuickBooks and contrast their feature availability and appearance. We will look at what is available in all versions and identify those limited to specific versions. We’ll also discuss some basic workflows for recording transactions into QuickBooks.

To prepare for this webinar, you can download and complete the self-assessment worksheet. A link to the pdf can be found below the instructions for this event. The first side is about you and will help you identify your preferences, work style, and how you use computers. The second page is about your business needs (and wants) regarding an accounting system. Your answers will help you to narrow your focus on which elements of QuickBooks software will be most beneficial to you.

The instructor is Teresa Isaacson, the founder of The IBIS Company, LLC, and is a member of the Intuit Trainer/Writer Network. She has been teaching accounting since 2009 and started her coaching business in 2014. She is dedicated to helping new users operate the software effectively. She also performs catch-up and clean-up services for QuickBooks users.

Teresa earned advanced certifications in both the QBs desktop and the online products after taking advantage of the training offered by Intuit ProAdvisor Program. She is currently creating online QuickBooks courses.

Intuit is offering SBDC clients a special discount for Online software: https://quickbooks.intuit.com/franchise/sba/?cid=franchise4_cf_asbdc

Washington SBDC disclaimer: This is not an endorsement of any product or service.