COVID-19 survival guide for SMEs: Managing cashflow in a crisis

In the second episode of our series of videos from leading business experts on how small business can survive the Coronavirus crisis, we focus on cashflow. The saying goes that “Cashflow is King” – well, now it’s even more important than that! As we don’t know whether it’ll be one month, three months or even six months or more before businesses are able to return to normal operations, managing your cashflow in a period of significantly reduced revenue is a huge challenge, but one that can be overcome.

Brett Kelly is a chartered accountant who started a business from scratch in 2006 that listed on the ASX in 2017 and now employs over 200 people. Here Brett shares seven strategies that will help keep your business’s head above water until the COVID-19 storm abates.

As well as these videos, the seminar at which they were launched offered info about free business resources and prizes you can find here.

Brought to you by Dale Beaumont, Founder, Business Blueprint