To help brands facing steep financial challenges in these unprecedented times, a free webinar will be held on Wednesday April 1 from 3pm to 5pm, titled, “Financing Your Business Through Turbulent Times While Not Running Out of Cash.” Presented by Naturally Bay Area, Hirshberg Entrepreneurship Institute, and Natural Products Consulting, this workshop will provide practical, actionable insights on:
- Managing cash flow
- Understanding/applying for the SBA Disaster Assistance Loan & Paycheck Protection Program
- Understanding available debt & equity options
- Ensuring capital efficiency
Additionally, attendees will have access to a simple Excel tool to project monthly, weekly and daily cash needs. Lastly, the highly experienced panel will answer attendee questions.Please click here to register for the webinar and you can submit questions you’d wish to be answered here by Tues, March 31st at 6pm pacific.
Webinar Agenda:
- Welcome from Don Buder (Chair of Naturally Bay Area)
- Review of Agenda & Introductions by Bob Burke (Natural Products Consulting)
- Cash Is King … And, How to Not Run Out of It by Gary Hirshberg (Hirshberg Entrepreneurship Institute) and Andy Whitman (2x Consumer Products Growth Partners). At all times, but particularly in times of stress, the first rule for successful management is to not run out of cash. Gary and Andy will lead a practical discussion about how to project and manage your cash needs (and not run out of cash). You’ll get access to a handy and simple excel tool developed by Gary and used by countless firms, that you can use to project your monthly, weekly and even daily cash needs. And, Andy will share a list of action steps implemented across his partner companies in managing during this crisis.
- Overview of Debt Financing Options with Specific Review of Disaster Assistance Loans by Keith Kohler (K2 Financing) with Jeni Chokron (First Horizon Bank)
- The State of Equity Financing Today by Mike Burgmaier and Nick McCoy (Whipstitch Capital)
- Best Practices on Being Capital Efficient and Running on All Cylinders (when there is little margin for error) by Elliot Begoun (The Intertwine Group) and Bob Burke.
- Q&A