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Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

We’re in an unprecedented situation because of the COVID-19 coronavirus, and the economic fallout has been drastic for many business sectors, such as travel and restaurants. This article explains your options for cash-flow relief, whether you need it immediately or in the near future, and how to get it. government 2.

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The Corona Virus for Small Businesses

Consultant Journal

It’s a question on the minds of many entrepreneurs, as Fortune 500 companies announce new protocols for travel, meetings and even use of coffee cups. Take a look at your cash flow and what a change to sales or staffing could do. If you haven’t already, you may want to look into business continuity plans and insurance.

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Fool Me Once Or Fool Me All The Time

Martinka Consulting

Zweig writes that any form of modified profit isn’t cash flow. I get the feeling many people, even in my industry, don’t understand the difference between profit, Ebitda, and cash flow. Medical insurance expense. Owner “perks” like cell phone, car, travel to conferences, etc. (as Conclusion.

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Fraud or Just Marketing

Martinka Consulting

What this means is the owner’s salary, medical insurance, cell phone, car, travel, and more are added to profit because these items are “discretionary” not necessary. Banks factor in a salary figure before they determine cash flow for debt coverage. Rarely is anything straightforward.

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AAA – Not to the Rescue

Martinka Consulting

When it comes time to sell however, they want to demonstrate that the business has more cash flow than the tax returns (and financial statements) show. Deducting gas, repairs, insurance and more on all family members’ (personal) vehicles. Supposed) personal travel, meals, etc. Supposed) personal travel, meals, etc.