A frequent conversation that I am having with business leaders across the economy focuses on what a covid-19 induced recession may look like, and how it will impact their businesses and industry sectors. Most business and industry leaders are uncertain with how their businesses will emerge from the covid-19 crisis and lockdown period. There is…
The rapid on-set of the economic impacts arising from Covid-19 and its resultant disruption to the economy has blindsided the entire business community. Whilst in some industries such as Aviation, Hospitality and Tourism the impacts have resulted in almost instantaneous shut down, for many other industries the impacts may not be felt for many months…
1. Know where your business financial position is at and build deep knowledge of the next 90 days of your business and cash flow. Review your profit and loss and balance sheet. If your financials are not up to date, the most important investment you can make is getting them up to date this week.…
Perhaps the most frequent conversation I have had this week has been the ever increasing anxiety that Coronavirus is causing business leaders. The question being asked is, “what does it mean for my business, what will the financial impact be and what should I be doing about it?” Sadly, if you don’t have or have…
