Overview
Click here to view the Webinar On-Demand.
Click here to access the PowerPoint Presentation.
Even before COVID-19 hit, American businesses averaged less than 28 days of cash on-hand. Economic recovery will depend on businesses and supply chains surviving through better cash flow management. Since April 23, businesses have been scrambling to navigate the ever-changing maze of qualification requirements to determine whether to keep their PPP funding in the wake of FAQs 31, 37 and 39. The next critical process will be ensuring — to the extent possible — proper documentation for filing for loan forgiveness in the weeks ahead.
On Tuesday, May 12 from 2-3 PM Central, BizTimes hosted a live webcast addressing the latest PPP guidance.
Presenters discussed:
- How best to document your loan use for sake of future forgiveness
- Actionable cash flow management strategies
- Considerations for tax preparations
- Understanding the FTE calculations under PPP
- What happens if someone quits during the PPP lifeline?
- Strategies for workforce maintenance beyond your 8-week PPP lifeline
