Extension offers webinar to help small businesses manage cash flow amid COVID

Discussions aim to help small businesses pivot and adapt to emerge from pandemic stronger

dollar bills blowing around in front of a black background

Extension is offering a webinar, “Cash Flow and COVID-19: Create Reports to Plan Ahead for Problems,” June 12 for small businesses.

Extension offers webinar to help small businesses manage cash flow amid COVID

Discussions aim to help small businesses pivot and adapt to emerge from pandemic stronger

Extension is offering a webinar, “Cash Flow and COVID-19: Create Reports to Plan Ahead for Problems,” June 12 for small businesses.

dollar bills blowing around in front of a black background

Extension is offering a webinar, “Cash Flow and COVID-19: Create Reports to Plan Ahead for Problems,” June 12 for small businesses.

With many of Nevada’s small businesses now reopened or planning to reopen soon, many of them are experiencing cash flow challenges. Extension is offering a free webinar June 12 to help small-business owners learn about generating reports related to cash flow, and how to anticipate, and prepare for and manage cash flow fluctuations. The session, “Cash Flow and COVID-19: Create Reports to Plan Ahead for Problems,” is part of a series of webinars and town halls for small businesses being offered each week, in English and in Spanish. The question-and-answer “Coping With COVID-19 Town Halls” are held every Wednesday, and webinars on specific topics are held every Friday.

This week’s sessions include:

  • The town hall, Wednesday, June 10, 9 a.m. for English speakers and at 2 p.m. for Spanish speakers. Panelists include:
    • Angelia Yllas, Nevada Business and Industry Division of Industrial Relations chief compliance audit investigator
    • Reyna Mendez, Extension business development instructor
    • Juan Salas, Extension business development instructor
    • Mike Bindrup, Extension research associate
  • The webinar, “Cash Flow and COVID-19: Create Reports to Plan Ahead for Problems,” Friday, June 12, 9 a.m. for English speakers and at 11:30 a.m. for Spanish speakers. Mendez, Salas and Bindrup will discuss:
    • Business’s cash flow elements and related reports
    • Forecasting cash flow and anticipating potential problems
    • Estimating tax expenses to be prepared

The town halls begin with a short presentation on a given topic or a preview of the Friday webinar. Then, the participants network with one another and drive the discussion, with a panel of professionals and educators helping them troubleshoot challenges they are encountering. The Friday webinars provide information on specific topics to help businesses plan strategically, adapt and succeed.

“Our goal is to provide resources and educational platforms to help our small businesses, statewide, cope and retool,” said Buddy Borden, economic development specialist with Extension’s Business Development Program. “We want to help them come out of this even stronger, and be more prepared for challenges like this in the future.”

Both the town halls and the webinars are free, and usually run about an hour.

For more information, go to the Extension Business Development Program website. There are also other resources at the website to assist businesses during the COVID-19 crisis. For more information, email Borden.

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