FBA Covid-19 Collision - What financial programs make most sense for your business ?
- Shared screen with speaker view

21:15
Hi everyone, if you could please mute your microphone for the duration of the meeting, that would be great! The mute button can be found in the bottom left corner.

22:48
If everyone can mute their microphone that would be appreciated. If you are unsure how message here and we can help you

22:54
still getting feedback can everyone mute please

49:04
Can we see a CASH flow report example?

53:40
Is there a program to defer Utility payments and HRM Property tax payments?

56:22
I am so confused on all these programs and need help in making decisions regarding staff and what we actually qualify for. Can we book a consult to help with this overwhelming amount of data. Everything is so vague I really do not know what to do. ?

57:43
I am self employed, I know the government came out that any small business that made any sort of income does not qualify for benefits. I have lost almost 98% of my income and turned to online jewelry shop sales to cover bare minimum. Is it now possible to apply since I lost over 30% of wage ?

58:43
I'm not sure if this would be appropriate for anyone, however, the Saint Mary's University Entrepreneurship Centre has wage subsidy programs available for small to medium businesses smuec.ca

58:46
Can owners of businesses that paid themselves only Dividends file of the CERB?

58:49
I know many other small businesses are doing the same thing. Turning to small ways to cover the bare minimum and still stay connected with members/clients through all this. We have all lost over 90% of income but have made small income amounts

59:01
How does the program work if we are not at 30% down now but see it coming.

01:01:34
So CERB will work for self employed even if you are making small income (for example I have made only 140$ the last 2.5 weeks) and I can keep going with online jewelry sales to stay connected with clients and try to keep my business afloat ?

01:01:50
Just posted to FAQ's on CRA's website for CERB:If I am in receipt of dividends am I eligible for the Canada Emergency Response Benefit?Yes, as long as the dividends are non-eligible dividends (generally, those paid out of corporate income taxed at the small business rate).An individual could count this income towards the $5,000 income requirement to be eligible for CERB.

01:03:02
The more I listen the more confusing it gets.

01:05:26
Thank you so much!

01:05:38
Thanks guys nice job.

01:05:44
Will we receive a copy of this presentation?

01:05:47
Appreciate this - thanks very much.

01:06:09
The presentation will be uploaded and sent to individuals. Also will available on the website :)

01:06:13
Thanks so much way less stressed now lol

01:06:15
Innovation - pivot?

01:06:49
maybe topic for another meeting here

01:07:57
Yes that is a great idea