Friday, May 15, 2020
Even before COVID-19 hit, American businesses averaged less than 28 days of cash-on-hand. More than ever, our recovery will depend on businesses and entire supply chains surviving through better cash flow management and being able to navigate the CARES Act and the Paycheck Protection Program. Our expert panel will discuss credible pro bono resources and accessible strategies for every company to have in place in order to keep our economy together. Confirmed panelists include:Seth Levine, Foundry Group
Lorne Noble, Simple Startup
Lew Visscher, Lew’s List
Ali Watkins, BizWest
Panelists will discuss actionable cash flow management strategies and pro bono resources available to companies, including the COVID-19 Finance Assistance Network--a growing national movement that provides pro bono financial services from experienced CFOs, controllers and senior finance professionals to help businesses survive. Pro bono services include assistance with accessing and navigating portions of the CARES Act, developing unique strategies to improve and extend cash flow, tax planning, avoiding scams and more. Partners in the network include the Foundry Group, High Plains Advisors and Lew’s List. Colorado-based Simple Startup will also discuss resources dedicated to helping companies impacted by COVID-19 make informed business decisions through better cash flow management. They specialize in growth-focused bookkeeping, investor-ready accounting, fractional CFO services and online startup finance education.
The link will be live Tuesday morning to watch anytime during Boulder Startup Week.
Are you a nonprofit leader taking a hard look at your organization's immediate and long-term strategy in light of COVID-19? If investing in the development of a new revenue stream is something you're considering as part of those strategic conversations, you can join this session to learn more about how a new social enterprise can further your mission and create value for your organization, how to know when your organization is ready to responsibly investigate the possibility of developing a new revenue stream, and more. We hope to see you there, whether you're a board member, staff member, funder, or other invested nonprofit supporter.