financial Archives - The Warrenist https://warrenist.com/calendar/tag/financial/ Tue, 23 Aug 2022 21:16:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://warrenist.com/calendar/wp-content/uploads/2021/08/Warren-County-North-Carolina-Community-Events-Calendar-Warrenton-NC-Norlina-Macon-Littleton-Lake-Gaston-Soul-City-lifestyle-blog-100x100.png financial Archives - The Warrenist https://warrenist.com/calendar/tag/financial/ 32 32 Stabilizing Small Business Cash Flow Through Unstable Times https://warrenist.com/calendar/events/stabilizing-small-business-cash-flow-through-unstable-times/ Tue, 23 Aug 2022 20:16:53 +0000 https://warrenist.com/calendar/?post_type=mec-events&p=3002 business cash flow vgcc small business center online class webinar Find ways to preserve on-hand cash that will be needed for the lean months in the near future and consider suspending expansion initiatives or larger investments until markets stabilize.

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]]> Developing a financial strategy is important so that you can survive the short-term cash crunch while not disadvantaging your long-term profitability. Think creatively by doing things like encouraging customers to purchase gift cards or future services from yours and other’s small businesses to keep cash flowing in your local economy.

Find ways to preserve on-hand cash that will be needed for the lean months in the near future and consider suspending expansion initiatives or larger investments until markets stabilize. Evaluate your inventory to determine if there are products that can be quickly turned over. In other words, business as usual will not work.

Creativity and positivity will be essential elements to keep cash flowing into your business.

Speaker(s): TenBiz Staff

Fee: No Cost

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