Cash flow planning for a second wave of coronavirus – AAT

11 Aug 2020

As businesses look to recover under the looming shadow of a potential second wave of coronavirus (Covid-19),

Businesses find themselves at an uncertain crossroads. While the lockdown is easing and business is gradually picking up, there is also the possibility of a second wave of COVID-19, which could potentially force them to close down again.

Cashflow planning has become the most important focus for businesses over the past few months and remains a top priority.  Clients are more aware of the dangers and importance of good cash flow management, but they’re also in a potentially more precarious position than they were before. You should be doing several things to make sure you are prepared:

·         Scenario planning

·         Review of spending

·         Use of technology

·         Tightening credit control

Subscribe here

to receive email updates
for any new posts

Join 205 other subscribers.

Refund Policy

For online payments taken via the Invoice Payment page, no refunds can be given as payment is only taken after my service has been provided.

 

%d bloggers like this: