Thursday, January 21, 2021

Discover Insights From CPA and Tax Expert Safie Russell On The Next Round of PPP And Business Development

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Safie Russell Helps Business People To Understand PPP 2.0 And Business Setup

According to National Geographic, many Black business owners don't have enough equity in their business due to structural racism. Therefore, they have less of a cushion to withstand the Novel Coronavirus Disease (COVID-19).

"Weatherproofing your company is especially critical after living and experiencing COVID-19: Small business owners must prepare for the unexpected:

Create a quarantine proof enterprise
Pay attention to details
Invest in networking and relationships
Track spending and budget

Find joy in the business through the highs and lows and invest in wellness and meditation," says Safietou D. Russell, founder of SDR Consulting Inc.

Safietou D. Russell, called 'Safie' by her clients, has always had a passion for numbers and business. In addition to obtaining her CPA, she is also an IRS Enrolled Agent and certified QuickBooks ProAdvisor. She is a graduate of SUNY Albany with a Bachelor of Science Degree in Accounting and a Master of Science Degree in Taxation from Florida Atlantic University.

Safie states, "My company's motto is simple - I work with small business owners from business formation to tax preparation and all the fun things in between. COVID-19 has changed the landscape for entrepreneurs.

Industries will have to reset, and owners will have to pivot and increase their budget to include mental health awareness and meditation practices for work-life balance. I want each business owner to succeed holistically by holding their hands, empowering them to streamline business, utilizing time management apps, hiring a bookkeeper, and educating them on their relationship with money; especially for Black-owned businesses. It can no longer be about just taxes if they are going to rebuild."

Article From Safie Russell & The Next Round Of PPP And Biz Development Continues After Sponsor's Messages Below...

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Article From Safie Russell & The Next Round Of PPP And Biz Development Continues Below...

SDR Consulting Inc. is a virtual firm based in New York with over 18 years of tax and accounting experience. We provide a full range of accounting, bookkeeping, payroll, tax, and consulting services. Safie implores, accounting services no longer require in-house staff and all the accompanying overhead expenses and hassles. Advances in technology now allow us to provide accounting related services anywhere in the world securely.

You can access your financial information and business files online, anytime, for a fraction of the cost of in-house accounting. We provide the same level of service online that you would receive sitting in our office, and we utilize the most secure methods in transmitting your private information."

SDR Consulting is moving the paradigm with business formation, bookkeeping, POS systems/integration, payroll, and taxes. We are a proud one-stop-shop with a winning track record, beams Russell."

SDR Consulting's Business Tips to Create a Quarantine Savvy Business:

When possible, set-up your business to operate virtually. Determine the best platforms and systems for your specific industry and integrate programs to cut down duplicate entry.

Control your spending, develop, and stick to your budget.  Consider your other talents and skills if you need to shift from an industry that cannot survive COVID-19 to one that can.

If you have downtime due to COVID, take the time to put together your Advisory team. Bookkeeper, Business Consultant, Tax Preparer/CPA, Lawyer, etc. Also, take time to research and learn more about your industry and competitors.

Organize your books and records or get assistance with setting up a bookkeeping system. Many COVID-related loans, grants, and programs are all dependent on your ability to produce financials for your business.  Keep a positive attitude, don't just go through this pandemic, grow through it!

To learn more about Safietou D. Russell and SDR Consulting Inc.'s services, visit the company's website,. To schedule media interviews and consultations, contact Safie Russell, 516-255-6603.

Social Media:

Facebook: SDRConsulting

Instagram: @SDRConsulting

YouTube: SDR Consulting Inc.

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She is presently in high school looking to have a career in video, film, and media. You can see more of her entertainment writing on Lonstein Movies.

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