Financial Planning During a Pandemic
You have questions, we are here to give you answers. When you’re in crisis mode, it’s difficult to take a step back and think through the best approach for your business. Join the Logistis team and Houzz to learn about the tools that will help you move forward with a financial strategy in place. We’ll discuss the essential steps your firm should implement during this global pandemic, including forecasting continuity planning, tax deferment, and ways to utilize stimulus funds.
You have questions, we are here to give you answers. When you’re in crisis mode, it’s difficult to take a step back and think through the best approach for your business. Join the Logistis team and Houzz to learn about the tools that will help you move forward with a financial strategy in place. We’ll discuss the essential steps your firm should implement during this global pandemic, including forecasting continuity planning, tax deferment, and ways to utilize stimulus funds. Some of the topics for discussion include:
- How to create 3-way forecasting continuity plans to address the good, the bad and the ugly scenarios
- Creating a business plan that focuses on growth
- Ways to avoiding operating in the red and protecting your cash flow
- How to defer and/or delay IRS and state sales tax payments
- Ways to keep focus on current clients
- Where to utilize stimulus funds
Takeaways
- During this crisis it is more important than ever to know your numbers! Firms that have accurate and current financials are better positioned to handle a downturn in the economy
- Run a cash flow analysis and plan of action based on your better, same and worse scenarios
- Reshape 2020 and create a clear vision
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