Running a business is hard as it is. Introduce a pandemic, and it's even more challenging to stay on top of business cash flow, invoices, or your clients. So how can you protect your business, while also taking care of your customers and clients?
Here are 4 tips on how to manage your invoices and receivables with the support of our partner, FreshBooks. Learn more about Bench & FreshBooks here: [ Ссылка ]
Learn more about ways to improve cash flow and support clients during a recession here: [ Ссылка ]
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Check Out These Other Videos You Might Like:
▪ How to Read a Balance Sheet (and Make Your Own):
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▪ Bookkeeping Basics for Small Business Owners:
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▪ Cash Flow Statements 101:
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Let us know your thoughts about ways to improve cash flow and support clients during a recession in the comments below, and don’t forget to subscribe to our channel for more content about ways to improve cash flow and support clients during a recession!
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Timestamps:
0:00 - Intro
0:40 - Loan Calculation For Partnerships
2:27 - Loan Calculation For S-Corp and C-Corp
3:15 - Loan Calculation For Seasonal Business
Let us know your thought about our video about ways to improve your cash flow and support clients during a recession in the comment section below!
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How Bench Can Help:
Try us for free - we’ll do one month of your bookkeeping and prepare a set of financial statements for you to keep: [ Ссылка ]
With Bench, you get a bookkeeping team to complete your monthly books and help you make decisions to support the best interests of your business. We’ve helped thousands of small business owners take back more time to focus on doing what they love! With Bench on your team, you’ll have properly completed books to help you:
1. Get real-time insights into the financial health of your business
2. Manage your expenses with detailed expense tracking
3. Use bookkeeping records for loan applications and loan forgiveness
4. File your taxes at tax time with our annual financial package, and make the most of your tax deductions
Plus, if you ever have questions, your dedicated team of experts are just a quick message away in the Bench app.
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About Bench:
We're an online bookkeeping and tax prep service powered by real humans. With Bench, you get a dedicated team of experts to track every detail for you. Your bookkeeping team imports bank statements, categorizes transactions, and prepares financial statements every month. Come tax season, we handle the tax prep and filing, and even offer year-round tax advisory support.
#SmallBusiness #CashFlow #Recession
