Subscribe to Our Mailing List. Receive the Latest Events, News, Jobs, and Top Community Economic Development Stories Like this one Click Here | Reach up to 1.3 million people Promote
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. https://www.sdrconsultinginc.com/
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."