The current COVID-19 pandemic is having an unprecedented impact on our personal, financial and business lives. The Florida CFO Group serves 50 Tampa Bay / Orlando businesses – all of whom have been impacted – from temporary shut-downs and extensive work-at-home protocols to business rules that provide social distancing – in each case with the objective of slowing the spread of the virus.
As these operational impacts continue, many of our small and mid-sized clients are feeling an increasing strain on their financial position as revenues erode and business expenses continue. These clients have called upon us, as their part-time or interim CFOs, to help with tactics aimed at reducing or offsetting the economic impact of this pandemic.
The COVID-19 economic relief programs and application processes are complex – with certain, mutually exclusive benefits requiring careful selection.
How We Can Help
As the extent of the COVID-19 Pandemic in the United States has accelerated, federal, state, and local government agencies have responded with a wide range of economic relief programs designed to assist our economy and our vital private sector, including small and mid-sized businesses.
The COVID-19 economic relief programs and application processes are complex – with certain, mutually exclusive benefits requiring careful selection. We have been teaming with company management, legal counsel, bankers, and others to identify and understand these alternatives and to assist companies in applying for available financial relief.
The Florida CFO Group stands ready to help small businesses in Tampa Bay / Orlando that need advice on these matters or a hands-on financial expert to help with relief program details or financial contingency planning. If your company could use our help, please contact us.
May each of you and your companies and clients endure through these difficult times as we all look forward to a brighter day.