About this workshop
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.
Presented by
Business Advisors with the Roanoke Regional SBDC and New River Valley SBDC, along with guest facilitators/subject matter experts.
Location
Workshops are held in-person at CoWorks @The HUB, 801 East Main Street, Radford, VA 24142.
In-person attendance is recommended, but classes will also be broadcast virtually and a Zoom link will be provided prior to the session date.
Registration
There is no cost to attend this workshop, and registration is required. While you are not required to attend all six sessions in the Ready For Anything Series, attending the full series is highly recommended to create a comprehensive plan. The class material is specially designed to benefit the unique challenges of small businesses in the New River Valley region, however Virginia small businesses outside of this area are also welcome to attend.