Trent Carter from Provident Lending and Business Solutions is reaching out to business owners in the St Stephen’s School community who may require financial advice during the COVID-19 pandemic.

Specialising in cash flow advisory and funding options, Provident Solutions can discuss with business owners about what they are entitled to, how to scale a business back to survive and how business owners can pivot their business offering to look for different sources of income.

Provident Solutions are offering two specific services, and as a St Stephen’s parent, Alumni and member of the Business Directory, Trent is happy for the school community to access these services at a low price. Both sessions are offered remotely.

1. Stress test your cash flow – a 45-minute session where Provident Solutions use simple financial data to demonstrate the impact of decisions before they are made on profit and cash flow. This can be a very powerful tool to set priorities on what and when to cut expenses, especially when looking at staff. Usually $100 + GST, Provident are offering this service for $70 + GST for St Stephen’s School community members.

2. Survival sessions – a three-session advisory where Provident Solutions will:

a. Review the business up to the impact of COVID-19 to set base lines and trends. This includes the Stress Test.

b. Strategic planning – setting goals, plans and actions for the next 90 days to set up for survival and to potentially thrive in a new operating environment.

c. Cash flow budget and funding – ensuring business owners have an eye on the numbers moving forward and understand how to fund the plan.

Survival sessions are $250 each and can be run one-on-one or in groups of up to four people.

Contact Trent Carter from Provident Lending and Business Solutions on 6201 0143 or at trent@providentsolutions.com.au for more information.