Plan for post-pandemic business recovery
May 25, 2020
While the debt that COVID-19 disruption has thrust upon the economy is unprecedented and businesses are grappling with uncertainty and dwindling cash flow, we must plan for a post-pandemic future in order to ensure both survival and recovery.
Businesses that have locked their sights on building cash reserves, helped by the numerous relief programs, are doing the right thing, but they’ve got to turn their gaze forward and plan for a post-pandemic market.
There are a number of steps that can be implemented today to ensure a business thrives beyond the pandemic.
One of the most important is cash flow planning.
What does your cash flow look like, not today, but in a week’s time or a month’s time or a few months’ time?
Completing cash flow protections is essential and relatively easy to do.