Practical Tips to Get Through A Cash Crisis

Overview

This on-demand self-study course addresses practical tips to help you, your clients and your organization to get through and manage a cash crisis. It is based upon the popular live webcast “Practical Tips to Get Through a Cash Crisis,” originally broadcast in May 2020. During the course, you will receive practical advice and ideas to help manage issues brought on by the pandemic.

Highlights

• Negotiating with suppliers • How to talk to your employees and cut payroll costs • Your bank and the crisis • Alternative financing options • Key advantages and watch-outs on some government programs that help • Cost-cutting ideas • Ethics in a cash flow crisis • Tricky situations that arise • Getting outside the box for solutions

Designed For

CPAs, CFOs and other financial professionals

Objectives

• Identify useful tips for businesses facing a cash crisis • Identify the attitude required • Determine how to negotiate with suppliers • Choose strategies to talk to your employees and cut payroll costs • Recognize how to deal with your bank in the crisis • Choose alternative financing options • Select cost-cutting ideas • Choose an ethical approach in a cash flow crisis • Show how to get outside the box for solutions • Choose stress reduction approaches