🗓 July 27, 2023
🕘 12:30 p.m. EST / 9:30 a.m. PST
💬 Includes live Q&A
🎁 T-shirt and book giveaway
WHAT WE'LL COVER
Half of U.S. small businesses are walking the cash flow tightrope and only have 27 days worth of cash reserves. But experts suggest that small businesses should shoot to save at least 10% of their monthly profit and hold about 6 months' worth of operating expenses in reserve. So, it’s no wonder that most small businesses struggle to put money away every month.
Profit First Certified Product Specialist @ Relay
Co-Founder @ Profit First Professionals
Ron Saharyan
Deanna Zubrickas
Mike Michalowicz
Author of Profit First, Co-Founder @ Profit First Professionals
REGISTER NOW
YOUR HOSTS
DESIGN YOUR SAVINGS STRATEGY WITH PROFIT FIRST
*By submitting this form, you agree to receive emails and product offers from Relay.
Eleni Deacon
VP of Marketing @ Relay
If you want to beat the day-to-day cash flow struggle and make your money go further, then this webinar is for you. Whether you’re a seasoned saver or just starting out, this webinar will show you how to put your savings strategy into action.
Relay is a financial technology company, not a bank. Banking services and FDIC insurance are provided through Thread Bank2,3; Member FDIC. The Relay Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa® debit cards are accepted.
1 The interest rates and annual percentage yield on your account are accurate as of 05/16/23 and are variable and subject to change based on the target range of the Federal Funds rate. APY will vary between 1.00%-3.00% depending on the balances held. Earn 1.00% APY on savings balances of less than $50,000, 1.50% APY on savings between $50,000 and $250,000, 2.00% APY on savings balances between $250,000 and $1,000,000 and 3.00% APY on savings balances of more than $1,000,000. There are no minimum balances or minimum deposits required to earn interest on your account.
2 Your deposits qualify for up to a maximum of $3,000,000 in FDIC insurance coverage when placed at program banks in the Thread Bank deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://go.thread.bank/sweepdisclosure and a list of program banks at https://go.thread.bank/programbanks. Please contact customerservice@thread.bank with questions on the sweep program.
Payment services (non banking/checking accounts or services) are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: The Steward Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199). In the US Currency Cloud operates in partnership with CFSB. CFSB fully owns the bank program and services are provided by The Currency Cloud Inc.
3 Please note that funds relating to Currencycloud's services are not FDIC insured or protected by the Visa Zero liability protection policy. In regards to Currencycloud's services when funds are posted to your account, e-money is issued in exchange for these funds, by an Electronic Money Institution who we work with, called Currencycloud. In line with regulatory requirements, Currencycloud safeguards your funds. This means that the money behind the balance you see in your account is held at a reputable bank, and most importantly, is protected for you in the event of Currencycloud’s, or our, insolvency. Currencycloud stops safeguarding your funds when the money has been paid out of your account to your beneficiary’s account.
Join Mike Michalowicz, Author of Profit First, for a walkthrough of how to design your savings strategy and put it into action with Relay’s new automatic savings accounts.
Here's what we'll cover:
🎯 Setting savings goals for your business
⚖️ How to optimize your savings strategy with the Profit First system
⚡️ How to save with Relay’s automatic savings accounts*
👕 T-Shirt and 📚 book giveaway
💬 Live Q&A
