Ever since this crisis has occurred, you had to sacrifice future endeavors to preserve your business. While that hasn't been easy for others, everyone is doing their best to keep their business afloat along with keeping their employee's peace of mind. There have been programs enacted by the government known as the CARES Act that has ensured businesses will stay afloat with the EDIL (Emergency Injury Disaster Loan) and the PPP (Paycheck Protection Program).
However not everyone has been able to receive their programs, due to banks catering to their high profile clients instead of sticking with the "first come first serve" method. Good news! We're now having a portion added to our webinar for those who have received the PPP loan. We will be going over how much the loan can be forgiven, when does the 8 weeks start, and many more. Now is the time to prepare on how to effectively manage your cash flow for your business. With our FREE webinar, we'll show you tips and tricks on how to effectively manage your cash flow so you and your business can survive this crisis.
Cash Flow Runway Tool:
https://www.oneselfclub.com/resources/cash-flow-runway-tool
The CARES Act allows employers to defer the deposit and payment of the employer's share of social security taxes and self-employed individuals to defer payments of certain self-employed taxes.
As a business owner, you will have questions such as “What are the employer payroll taxes I am able to defer?” and “What is the date of social security taxes due to avoid penalties?” All of these questions will seem overwhelming and confusing to you.
As the lockdown continues to drag on to make sure the spread of the coronavirus (COVID-19) is contained, a new stimulus package has been passed by congress to ensure business owners survive during these trying times. The PPP (Paycheck Protection Program) is a loan that ensures that business owners can keep their employees, continue to pay rent and utilities.
While this is an SBA loan, this loan has to be applied through a financial institution, making it difficult for business owners who currently do not have a banking relationship.
In this FREE Webinar, we will share with you important tips including what to watch out for when applying for PPP, loan criteria, terms & conditions, how to apply, and so much more! The best part, for those who do not have an existing banking relationship, we will even offer alternatives for your consideration!
We have good news to share with business owners in this challenging time. The U.S. Small Business Administration on March 12th, 2020, announced plans to provide targeted, low-interest disaster recovery loans to small businesses affected by coronavirus (COVID-19). Unlike typical SBA-backed loans, these loans will come directly from the U.S. Treasury.
In this FREE webinar, we will discuss further tips such as who qualifies, loan criteria, terms and conditions (including how much you can borrow and how funds may be used), and how to apply.
Everyone here at OneSelfClub are invested in the future, partnering up with the very best tech applications that are future focused. We have now partnered up with Xero, the world's leader in Cloud accounting. This is the beginning of a new exciting era!
Who is Xero?
Xero is a accounting software that has pioneered cloud accounting since 2006 and because it runs on the cloud, you could run your business on any device without any hint of trouble making it more convenient and seamless for you. Where you can save time, boost your efficiency of running your business, and ensured that your data can be accurate and trusted.
Looking to the future
We are always looking for the next best thing to help business owners like you to make sure you know all of your financials without all of the complex data bogging you down. So you can run your business knowing where you are at and where you need to go next to grow and evolve. Are you ready for the next evolution of the future?