The ripple effect of COVID-19 presents a myriad of financial challenges to business owners who will need to manage cash flow and relationships with stakeholders. Check out these ten strategies toward charting a viable path forward.
- Cash is King!
- Principals Putting Money into Business
- Extending Liquidity Runway
- Responding to Demands and Actions of Creditors and other Counter-Parties
- Accounting Personnel
- Insurance Coverage
- Bring Together the Facts and Snap Out of It!
- Focus on What You Do Best
- Your Professional Advisors and Consultants
- Evaluating Options for Path Forward
Full PDF here.