Everything goes into overdrive during the holiday season when you’re a business owner — and the window of time you have to do everything somehow miraculously shrinks to become even smaller. The problem is, although Q4 can be a hugely Read more…
You’ve probably heard the saying, “A friend in need is a friend indeed.” It turns out to be true in the present scenario for advisors and their clients. Keeping your clients calm and supporting them in this once-in-a-generation health and Read more…
Cash is king. Cash flow is one of the top small business killers. Money makes the world go round. You’ve heard it all. But what are the current cash flow statistics and trends to back this up? At Forwardly, we Read more…
Beyond the easy application process and low-interest rate, “Loan Forgiveness” is one of the most attractive features of the Paycheck Protection Program (PPP) loans. Amid the COVID-19 outbreak, many of you have received PPP funds in your bank account. But Read more…
Given the weak cash flow position during the COVID situation due to steady sales velocity and anemic financial opportunities, companies must restructure their financial strategies. Mechanisms, like availability of loans, a revival of monetary arrangements, rescheduling of cash flow, an Read more…
COVID-19 has disrupted the global economy and created a ripple effect all over. The significant reduction in the demand, restricted supply chain, and national lockdowns, have pushed the economy in the contraction phase that is likely to continue during the Read more…
‘Bankruptcy’ – there are certain financial, emotional, and social stigmas attached to this word. Although you have to face various financial ramifications when you file for bankruptcy, it is not the end of the road. Unfortunately, this situation is all Read more…
Cash flow management and forecasting is a vital part of running a business. It is critical for any organization, large or small, during normal times and unprecedented ones. As small business owners struggle to navigate the complexities of the current Read more…
In this day and age, being a financial advisor isn’t easy. Environmental change, new regulations, volatile markets, geopolitics, economic turndown, and evolving technology trends are just some of the challenges financial advisors are facing everywhere. A certified financial advisor has Read more…
Do you need a small business loan? Certain misinformation and notions are lurking online or you hear every day about small business financing that may discourage you from borrowing cash to run and grow your business. These myths aren’t necessarily Read more…