Ready For Anything - Financial Resilience

Event description

Financial Resilience is the second session of our 6-Part Series, Ready For Anything, designed to prepare small businesses in the New River Valley for unforeseen challenges, and to help you develop a plan to move forward once the dust settles.

Unexpected disruptions can impact any business, especially after a natural disaster such as Hurricane Helene. This session will help business owners assess their current financial position, understand their cash flow needs during an emergency, and prepare the records needed to support recovery funding applications.

You’ll learn how to

• Assess your business’s current financial position using a disaster recovery framework
• Calculate cash flow needs and estimate operational “burn rates” during a temporary shutdown
• Identify the financial records and documentation needed for SBA and FEMA disaster assistance applications
• Complete a Schedule of Liabilities to better understand existing financial obligations
• Prepare financial recovery strategies that support business continuity after a disruption

Who should attend

This workshop is designed for small business owners and entrepreneurs in the New River Valley who want to strengthen their financial preparedness, improve cash flow resilience, and better prepare for unexpected business interruptions or disaster recovery situations.

What you’ll walk away with

Attendees will leave with a clearer picture of their business’s financial readiness during a disruption, along with practical tools and guidance for evaluating cash reserves, organizing financial documentation, and preparing for potential disaster recovery funding opportunities.

Learn more at: www.roanokesmallbusiness.org/readyforanything