Without question, times are exceedingly tough right now, and many businesses will struggle to weather the storm the world is facing. But having control over your cash, and visibility of its future position, can help you emerge from the crisis and move forward.
Assess Your Cash Flow: Know Where You Stand
Anytime your business faces a crisis, it’s important to assess the impact of the situation as soon as possible – and as comprehensively as possible – so that you know where you stand. Consider four areas of impact to focus on right now: