CRISIS & EMERGENCY FUNDS
We are conditioned to think that we can prepare for any possibility:
“By failing to prepare, you are preparing to fail.”
― Benjamin Franklin
“An ounce of prevention is worth a pound of cure.”
― Benjamin Franklin
“All things are ready, if our mind be so.”
― William Shakespeare, Henry V
"Success depends upon previous preparation, and without such preparation there is sure to be failure."
"Before anything else, preparation is the key to success."
― Alexander Graham Bell
But in reality, one can never prepare for all possibilities:
History has taught us that life imitates art:
"Even a man who is pure in heart
and says his prayers by night
may become a wolf when the wolfbane blooms
and the autumn moon is bright."
From the motion picture, “The Wolf Man” (1941)
In other words, despite how good a person is, bad things can happen. Regardless of how well one prepares for the known, one is never prepared for the unknown. The same is true for both government and business.
If the COVID-19 pandemic has proved anything, it is that fiscal responsibility is not always rewarded - it is not always an effective barrier to financial crisis. Both private and public sector entities throughout the U.S. were challenged by the economic consequences of COVID-19. Certainly, this was not the first time that an unpredictable disaster had created financial crisis. And it won’t be the last.
Unfortunately, a positive outlook does not preserve jobs. In the public sector, it also neither preserves services nor imbues confidence in government leaders. In the private sector, just being a Pollyanna does not ensure the ongoing viability of the company.
In short, the fatalistic approach, “quel che sarà, sarà”, is simply irresponsible and untenable.
What matters is avoiding or unwinding furloughs, and avoiding reduction in government services or restoring them. What matters is being able to meet the payroll and service the debt. Results can maintain or restore confidence. There is no participation ribbon for a good effort.
US Consults can help.
HOW? By providing you access to funds that
...for the public sector:
only require local approval– a county commission, city council, etc.;
do not need a referendum; and
can be structured without impact on future revenue and consequential spending.
...and for the private sector can be a combination of funds that are significant discretionary grants (not to be confused with the federal government's EIDL and PPP programs) and other financial structures to accelerate revenue.
If you are in need of funds – to offset an unplanned decline in revenue – we may be able to help. Simply contact us.