The Covid-19 pandemic is expected to cost businesses $1.1 trillion (about £900 billion) in lost revenue.
With no clear idea of when we can expect the tide to start turning – and margins in many industries already narrower than they’ve ever been – having cash on hand is essential if your business is to weather the storm.
But how do you make sure you have healthy cash flow when bills are piling up and there’s less money than usual coming in?
In this in-depth guide, we’ll walk you through:
- The key issues to consider when managing cash flow in times of crisis
- Tactics to build your cash reserves and unlock more working capital
- How to keep spending in check the smart way with finance automation
- How to plan ahead with confidence, despite the uncertain economic outlook