ACG NJ Virtual Member Forum Meeting, July 23, 2020

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ACG NJ Virtual Meeting

Event Details

When:

July 23, 2020 10 AM - 11 AM EDT

Where:
Location Name
Virtual - ACG New Jersey
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Overview

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VIRTUAL Member Forum Meeting 

 

How to Weather the Storm
Five Steps Businesses Should Take Now

 

This webinar will show you how to manage cash flow and make data-driven decisions to mitigate   organizational risks. Regardless of the industry you are in, changes will have to be made- you will have to adapt your current business operations to keep up with today’s environment.  Here’s a two-minute preview clip on the 5 steps of the webinar. In today’s environment, new developments are coming out every day. Steve will pivot and cater his message to make sure it is up to date:

1.     Get the Right Mindset

a.     We see 3 Scenarios: Survival, Restructure, Strengthen

b.     Break even analysis made simple

c.     Top 5 Budget tools 

2.     Be Vigilant about Cash Flow 

a.     13-week Cash Flow Forecast Excel Template (new)

b.     How to track costs covered by PPP, EIDL or CARES

c.     Best Practices in Collections, Billing & Payment

3.     Cut "Below the Line" Costs now

a.     Cut Below the Line first

b.     Turning overhead from a fixed cost into a variable cost

4.     Review "Above the Line" People

a.     Why Above the Line Cuts are last

b.     Making data-driven decisions about who to cut 

5.     Play Offense 

a.     Sharpen the saw

b.     Automate - Improve efficiency

c.     Strengthen - Train the keepers


Hosted by ACG NJ Member and Sponsor Organization: 

Tommy LaPare
Certified Business Performance Advisor
 

Insperity


Presented by:

Stephen King, CPA
President and CEO
 

GrowthForce
(see bio below)

  

Speakers

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Stephen King

Stephen King, CPA

GrowthForce
President and CEO

Stephen King, CPA, is the President and CEO of GrowthForce, a market leader in the client accounting services industry, providing cloud-based bookkeeping, accounting and controller services for service businesses and nonprofits. Before opening GrowthForce, Stephen was President of Insperity Financial Management Services division for two years. The division was created from the acquisition of a business called Virtual Growth Incorporated, which Steve founded in 1995 in New York City. Before Virtual Growth, Steve spent seven years working for Amnesty International USA. There, he managed the organization’s tremendous growth as its CFO and then honed his fundraising skills as its chief development officer- raising over $20M a year.  

Hosted by: ACG
Chapter
New Jersey
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