Scenario Planning, Loan Forgiveness andEmployee Retention Credit
Renee Daggett • May 21, 2020
Below is information I want to share with you that I hope will be helpful to you through this. I will discuss why scenario planning is important for your business, the Employee Retention Credit, and share links for FAQ's and application instructions regarding the Paycheck Protection Program.
The COVID-19 crisis has brought much uncertainty to many people and business owners this year. It is challenging for many businesses to predict their financials in 2020 compared to previous years making projections near impossible. We cannot determine exactly when things will go back to "normal", however you can prepare your business for any good or bad situation to come your way.
Take action for your business!
Design a business plan. Then, create numerous possible scenarios (good and bad) that you may run into in the future months. I share a quick message in this video about Scenario Planning.
Click on the video below to view it!
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In this video, I share a good alternative to the Paycheck Protection Program (PPP). Click on the video to watch!
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