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COVID 19 Free Business Support

Top Tips to keep things going!


CASH IS KING

Hold on to cash

Delay payments

Speak to landlords

Scrutinise every outgoing

Decide who gets paid and when "Prioritise"

Smooth Payments (30 days to 60 days)


PERSONAL

Review personal finances

Scrutinise every cost

Banks are offering mortgage holidays

Phone Loan companies and reduce monthly fees


STAFF

Speak to all staff individually - understand who they are understand their struggles

Better for all to suffer a little rather than a few suffer alot

Get permission from all to reduce hours

Change contracts - watch out for redundancies!


INCREASE / FIND NEW SALES

If you have no B2C capability use other channels like FB or Instagram

Collaborate with other business - fill the bag


GOVERNMENT LOANS

If you access any loans remember that you will have to repay it sometime.


FINAL POINT


Your business will feel the impact from this for many months to come - do not think that this will be over and finished and everything back to normal in 3 months time.


Make sure you plan and think ahead for worst case scenario.


We are offering Free Zoom Calls on this subject. Please email us if you would like to join one and discuss further.




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