THE PPP AND LATEST FORGIVENESS GUIDANCE
The Paycheck Protection Program (PPP) has provided many small and mid-sized companies with much needed funding to sustain their operations during the current pandemic. In fact, more than 77% of small businesses have applied for PPP loans since the application process opened on April 3, 2020. Since that opening date, more than $530 billion in PPP […]
read moreHOW IS YOUR BUSINESS COPING THROUGH THIS PANDEMIC? SURVEY RESULTS
CFO Strategic Partners recently conducted a brief survey to gather feedback about how CEOs are coping with some of the varying and dynamic operating challenges of this current pandemic. The questions asked were derived from the topics that respondents of previous surveys told us they wanted to hear more about how others are handling. Thank […]
read moreCOVID-19 — WHERE DO YOU STAND NOW? SURVEY RESULTS
CFO Strategic Partners conducted a brief survey earlier this week to determine how local CEOs and business leaders are responding to the current challenges of re-opening their businesses and the related employee and economic impact. We received a significant number of responses and greatly appreciate the time of those who participated. Here are how the […]
read moreMore PPP funding coming—but what comes next?
Small businesses across the country have eagerly sought financial relief through the Paycheck Protection Program (PPP) passed by Congress under the CARES Act. Our team of experienced outsourced CFOs worked diligently to gather, decipher and execute the steps necessary to ensure each of our clients was able to apply in a timely manner. According to […]
read moreSurvey results: How CEOs are navigating the PPP
Over the course of the last few weeks, CFO Strategic Partners has been helping more than 100 clients work their way through the Paycheck Protection Program (PPP)—and we’ve seen firsthand the program’s frustrations and limitations. Business are still waiting for answers, and the fund is nearly depleted. The $350 billion allocated for the program is […]
read moreCOVID-19 Funding through a PPP loan—Anything but simple
Our team at CFO Strategic Partners has been working intimately with close to 100 clients the past two weeks to navigate the challenging dynamics of the Paycheck Protection Program (PPP). Our CFO consultants have helped clients in many different industries and have been interacting with many different lending institutions. Most clients were initially hopeful that […]
read moreSurvey results: How CEOs are handling economic uncertainty and COVID-19
CFO Strategic Partners recently conducted a brief survey to determine how local CEOs and business leaders are currently responding to COVID-19 and the related economic challenges. We are pleased to have received a significant number of responses and to now share this information. Financial Outlook: Overall, 97% of respondents believe their organization will experience a […]
read moreCEO toolkit for uncertain times
As part of our ongoing discussions regarding the current volatile economic climate, we are offering a CEO toolkit to help you manage these uncertain times. This is not a time to guess, and this toolkit will provide you with key questions to begin formulating your plan. Here are five areas for you to consider today […]
read moreChange management in times of economic uncertainty
CFO Strategic Partners has over 20 years of helping clients manage change in business. Whether the cause is due to high growth or economic downturn, having a change management plan is what separates those who thrive from those who do not survive. Our current economic climate is uncertain, and change is inevitable. Hope is not […]
read moreEssential strategies for handling accounting staffing challenges
Large or small, most companies would experience turmoil if a key accounting employee were to suddenly resign, take a leave of absence or if the team did not sufficiently evolve as the company grows. We at CFO Strategic Partners call these the “3 T’s” of staffing challenges faced by many organizations: Turnover, Temporary Need and […]
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