Ideas to Keep Cash Flowing During a Pandemic Shutdown Online

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 others small businesses to keep cash flowing in your local economy. Find ways to preserve on hand cash that will be needed for the lean month in the near future and consider suspending expansion on initiatives or large investments until markets stabilize. Evaluate your inventory to determine if there are products that can be quickly turned over. In other word, business as usual will not work. Creativity and positivity will be essential elements to keep cash flowing into your business.

Speaker(s): Tonya Snider of Ten Biz

Co-Sponsor(s): Jacksonville-Onslow Chamber of Commerce

Here is the link to join the webinar on 4/7 from 9:30 am to 10:30 am https://bit.ly/webex-4-7 The meeting number is: 615 038 269 Password is: sbcn2020 Dial in number is 1-415-655-0001

Fee: No Cost