The Resourceful CEO

https://buff.ly/3kNGo0e And here's another one I wrote. Do you find these useful? If so, I'll make sure I share all the relevant articles I write for corporate clients. These articles are all addressed to small and medium business owners or their executive teams.

I'm just going to keep sharing articles that I wrote for First Citizens Banks since I think they are valuable. What are your thoughts? Here's another one:

Although the attribution is missing, I wrote this article for First Citizens. Enjoy.

Yes, I voted!! (5 weeks ago by mail-in ballot) If you haven't voted yet, PLEASE do so today. If you want your vote to count, you MUST vote today if you did not do early voting. #vote #peoplepower

A little interlude from discussing financial statements...before moving on to operational issues. A woman and her dog - working in the age of Covid-19. #smallbusinessowners #womenbusinessowners

Here I continue my discussion of the cash flow statement. I talk about generating accounts receivable and quickly but not getting paid by customers quickly. Tune in listen and learn. #SmallBusinessOwners #FinancialStatements #WomenBusinessOwners #BusinessAdvice #FinancialManagement... #WomenSupportingWomenInBusiness #Cashflow #Businesscashflow #MinorityBusinessOwners #BlackBusinessOwners #TheResourcefulCEO See more

Today I talk about the cash flow statement. This financial statement is often completely ignored by business owners and their accountants. But it is important because it ties the income statement to the balance sheet and vice versa. For example, through the cash flow statement you can see how asset purchases that you make truly impact your cash even though your income statement will only show the interest payments if you finance them. #FinancialStatements #BusinessAdvice #smallbusinessowners #HealthyBusiness #businessknowledge

Here is information on the income statement. This is information that will help you manage your company‘s financials. It’s very important for you to understand what your income statement is telling you so that you can use it as the indicator of financial performance that it’s meant to be. #smallbiz #BusinessAdvice #SmallBusinessAdvice #BusinessOwnership #FinancialManagement

Here's a new business incubator,The Cranium Incubator! The cost is $500 for 12 weeks. (great deal...and no, I'm not affiliated with this!) Scholarships are also available but the deadline is Sept. 28 at 5 pm. Target: underrepresented founders. Get more info. here: https://buff.ly/33TBvvm #businessfunding #businessincubator #smallbusiness #blackbusinessowner #blackownedbusinesses #womensupportingwomeninbusiness

If tax issues got you down, don't despair. Join us at The SORS Collective Meetup and get the guidance and help you need! (Psst! It's free.)

Many business owners are not aware that they can obtain an EIDL Economic Injury Disaster Loan from the Small Business Administration (SBA) to help them manage the financial impacts of Covid-19 on their business. Quite frankly, for all the small business owners and property owners who were not aware of the Paycheck Protection Program (PPP) or how to go about obtaining a PPP loan, even fewer are aware of the EIDL. The good news is that unlike the PPP, the EIDL is still av...ailable. The basics The other wonderful thing about the EIDL is that you apply for it directly via the SBA’s website. That’s right. There’s no need to track down your business banker to apply and get the loan processed. Bypass all of that and go straight to the EIDL application. In addition, its process, like the PPP loan process, has been streamlined such that the typical SBA requirements where you essentially provide everything you personally own of substance to the SBA as collateral for your business loan do not apply. Furthermore, these loans do not require personal guarantees. (I know. Is this really the SBA?) Want to finish reading? Click the link.

Are you a property owner - residential or commercial - who has tenants who are not paying due to loss of job or loss of business? Do you own rental property that is currently subject to an eviction moratorium? If so, you've been impacted by Covid-10 and are therefore eligible for the Covid-19 EIDL (Economic Injury Disaster Loan). Here's an in-depth blog post with pictures covering the what, why and how to go about getting these low interest, long-term funds. There's even a 1...2-month deferral to use if you need it. Want the 411? Click here: Hurry! The online EIDL application shows an expiration date of 9/30/20! #financialassistance #covid19 #landlord #landlords #businessassistance #propertyowners #propertyowner #residentialproperty #commercialproperty #businessloans #propertyowners #SBA