Arnesha speaks to our business owners and while talking financial statements and taxes is not sexy she makes it fun.

We refer to the stimilus that was granted in April 2020 but the content is very applicable no matter when you listen.

Before you shut down shop you need to go over these quick tips to get help getting funded.

1. Assess where you are? How much money do you really need? What is your current payroll or vendor bills for the next 90 days? Can you extend your payment plan? Assess your inventory, receivables.
2. What are your cash reserves on hand? If you have a line of credit, now is a great time to call and ask for an increase. If you are in good standing often they will increase your limits.
3. Determine what products are available right now? What do you qualify for now? A loan? A grant? Many didn't get the stimulus. You have to file taxes to qualify for products. Get with a tax professional to get good books.

Even if your books are a mess because you have been grinding it out it is important to hire a professional to get you caught up so that you can apply for help if you need it. This will also help you see if you are or are not priced correctly.

If you are a service based business now it the time to add an education arm to your company and get into the digital space. Here is a link that will teach you how to build a course for FREE for 28 days:

https://app.kajabi.com/r/oF6bazUu/t/d6nxju47

It is time to change from one to one to one to many!

DON'T SHUT DOWN! DON'T GIVE UP!!
Start to create an experience with clients and wear it, make it look great and go into full performance mode to sell your products if clients can't touch and feel it right now. This advise will work even out of quarantine adding that online arm to your business.


You can find Arnesha at:
www.bausybooks.com