EverythingHR Podcast

EverythingHR Podcast
EverythingHR Podcast

EverythingHR Podcast is the opportunity for business owners, managers, and HR Professionals to receive valuable human capital tips, tools and strategies.

  1. 04/15/2020

    Waiting on PPP or EIDL Loans? Financial Steps to Take in the Interim | 65

    EverythingHR CEO Felicia G. Harris, an HR innovator and Certified Financial Planner, understands the difficulty facing many small businesses that have had to close down or drastically curtail their operations. Although the federal government approved the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which provides $349 billion for small business loans to cover qualified payroll costs, rent, utilities, and interest on mortgage and other debt obligations, many small businesses are struggling to survive while waiting for those loans to be approved. The Paycheck Protection Program (PPP) loans applications opened up April 3, but most business owners have not yet heard whether they have been approved. The Economic Injury Disaster Loan (EIDL)s are expected to provide up to $10,000 in relief, but business owners do not know how much they will receive if approved. For Americans who have invested everything in their businesses, their employees and customers, the wait and uncertainty are overwhelmingly stressful.  Felicia G. Harris is going to walk us through some steps we can take to alleviate some of our business and personal financial worries. With more than 30 years as a financial advisor, she understands the landscape and the ways to best navigate the system. It is possible to get relief from some of the financial worries right away – even before federal relief arrives.  To take advantage of the 90 days of free financial software access, find the link on our EverythingHR LinkedIn Company Page -https://www.linkedin.com/company/everythinghr1 www.everythinghr.net

    34 min
  2. 04/01/2020

    Managing and Tracking Your Cash Flows | 63

    This is a repeat episode that we believe is vital as business owners face financial challenges like never before during this COVID-19 Crisis. This link is to an article on the current crisis - https://www.accutrakservice.com/general/loan-forgiveness/ Felicia Harris, Founder, and CEO of EverythingHR and EverythingHR Financial Services has her HR manager as a guest host interview Shaniece Bennett, a CPA and Founder of Accutrak Consulting and Accounting Services.  Shaniece talks about cashflow management, how to hire the ideal CPA, and what services her company Accutrak Consulting and Accounting Services offer businesses. Key Points: Accutrak is known for complete financial management services, assisting small businesses, also government contractors and some government agencies.Integrity is the most important thing to look for in a CPA, who should be able to tell you what you need to hear, not just what you want to hear.Have enough cash when you need it and review it more often than you view your income statements.   Highlights: What is the statement of cash flow?What is the current ratio of assets and how is it calculated?How do you do a cashflow budget projection equation?  Which accounting software tools does Shaniece recommend?  What should you look for in a good CPA?  What are cash discounts in regards to taxes?How does the Prompt Payment Act work?Does Accutrak provide training or information regarding cash management? Resources SBennett@Accutrak.biz  accutrakservice.com Accutrak (586)-840-6494

    57 min
2.3
out of 5
3 Ratings

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EverythingHR Podcast is the opportunity for business owners, managers, and HR Professionals to receive valuable human capital tips, tools and strategies.

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