Our next video in the series on ‘What to do when things don’t quite go to plan’ starts with discussing the importance of a rolling 13-week cash flow in being able to understand the reality of your business’ position, but also in securing additional funding from your lenders to weather the storm. The main importance of taking the time to forecast and speak to your advisors as early as possible when performance and cash are becoming a concern is being able to objectively look at the reality of your situation and work out the best options available to you.
We always recommend that you seek advice from a suitably qualified adviser before taking any action. The information in this article only serves as a guide and no responsibility for loss occasioned by any person acting or refraining from action as a result of this material can be accepted by the authors or the firm.
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