As the COVID-19 outbreak continues, the challenges to businesses are becoming more visible. By being aware of actions that you can take to improve your position, it will help with overcoming the issues that you may encounter.
Here are our top tips to help you deal with the challenges that you may be facing:
Should you need any help with any of these actions, we’re with you to assist, particularly with the initial preparation of the 13 week cash flow before handing that back to you as an ongoing management tool.
If you'd like help with your plan, or any of the other tips discussed, please contact Heather Bamforth, Restructuring, Recovery and Insolvency, Senior Manager on 07900 263 235 or email heather.bamforth@armstrongwatson.co.uk.
The Coronavirus Job Retention Scheme has been extended until 30 April 2021.
Claims for furlough days in December 2020 must be made by 14 January 2021.
You can no longer submit claims for claim periods ending on or before 31 October 2020