One of the principal concerns during the transition from lockdown to “business as (new) normal” is cash flow.
As we noted in our how to guide on managing finances throughout the crisis, cash flow is king and managing it has become ever more important during the crisis. The recent lockdown period has been especially tough on SMEs, with over two thirds of UK SMEs reporting “significant pressures” on their cash flow following the coronavirus outbreak.
While resuming operations should give a clearer picture of your finances and some sense of normality to cash flow through the business, it is important to take stock of what your new operations look like, and how this will impact your finances.