With the panic of COVID-19 beginning to settle down, it’s time now for businesses to take stock of their situation and begin to look at what’s next.
Financial planning, and preparing for what’s around the corner, has always been key to business success. But now more than ever, for businesses to survive this crisis, having a good understanding of your cash flow and a plan for the months and years to come is vital.
Getting advice from the experts
As a follow on from our popular session on government backed loans, I was joined last week by two financial experts from Xero’s partner community who shared their experience and insights when it comes to financial planning.
Our experts – Lauren Harvey, founding director of pacesetting firm Full Stop Accounts, and Jonathan Gaunt, founder of accountancy firm FD Works and app partner Xavier Analytics – shared their advice and guidance