There is no doubt that many of you are concerned about how this will impact your business, both in the short and long term. We are here to help as best we can.
The following resources are being made available to you and we will continue to add to them:
Hold a key team member meeting
We have prepared an agenda that you can download and use for FREE to assist in running a meeting to create a strategy on would you could be doing.
Meeting Guide for Clients
We are providing a FREE downloadable Excel based breakeven analysis. This can be used to calculate what amount of sales you need to make for the business to break even. For business owners – a tip is that many forget to include their own drawings/dividends when considering this.
Simple cash flow forecast
We are providing a FREE downloadable Excel based simple cash flow forecasting tool. You can use this to create a simple forecast of your upcoming cash flow. Sometimes simple is best – most businesses, however large, are best to keep a forecast simple.
Simple Cash Flow Forecast
Complex cash flow forecast
We are providing a FREE downloadable Excel based complex cash flow forecasting tool that includes a profit and loss and balance sheet. You can use this to create a complex forecast. Please note that this is a complex forecasting tool and does have accompanying instructions on its use. We would not recommend its use unless you are an Excel expert with a very strong understanding of finance. We cannot offer support on its use so if you are in any doubt, we would recommend that you use the simple version.
2020 Cash Flow Forecast
Cash flow forecasting instructions
We have prepared a FREE downloadable Word-based letter, with guidance, which is an example of how an employee can be notified.
Board meeting minutes for furloughing a director
We have prepared a FREE downloadable Word-based minute, which is an example of how a meeting might be recorded.
Board meeting minutes
Government launches coronavirus business support finder tool
A new ‘support finder’ tool will help businesses and self-employed people across the UK to quickly and easily determine what financial support is available to them during the coronavirus pandemic.
Further information can be found here.
Would you like to know more?
Please feel free to get in touch via phone, email or our quick contact form.
We offer initial free consultations simply contact us to find out more.