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It's time to crunch numbers to determine the cash flow impact of the challenges and opportunities ahead.
Nobody expects the economic recovery from COVID-19 to be smooth. The strain may have already drained your cash reserves. Looking forward, cash modeling makes sure your plans stay within your funding resources.
But HOW will you generate cash flow for your business to meet future scenarios?
Not knowing your cash flow may be worse than having a negative one. Generating financial statements will give you a baseline for showing progress in a recovering economy, but your future cash flow projections will define your possibilities. Join our presenters from Truist Bank (formerly Suntrust), as they teach you what actions you should be taking, including:
*Keeping your finger on the cash pulse
*Knowing your funding options
*Utilizing your working capital
*Using the Small Business Recovery Workbook to get Organized - https://www.truist.com/content/dam/suntrust/us/en/small-business/2021/do... (We suggest that you download and print a copy prior to the event to follow along with and write notes for your convenience.)
The workshop is sponsored and facilitated by SunTrust now Truist | Christine.M Apetz VP Branch Manager , Robert Ludlow, Business Banking Leader and Will Landreth, Market President.