“Most people aim at nothing – and they hit it with alarming accuracy.”
The team at A Girl Friday is here during these difficult times to support and provide positivity to you and your business!
As a business owner, there’s one key thing you need to totally focus on now – keeping your business alive during these difficult times. It’s not all doom and gloom either – withstanding the tough times sets a business up to be a fast turning cash flow business when everything bounces back in a positive way in the future.
Remember that while cash flow is under control then so is your business! Downturns can be scary in the moment, usually because there is no plan in place for your business and the world around you appears to be panicking.
If you take actionable appropriate steps to create a Business Continuity Plan, then in reality a downturn is just a stop gap to the next upturn, where your business will be cash flow fit and ready to take full advantage.
You will need to build a cash “war chest” which will let you keep trading through the coming difficult months, and in future uncertain times.
There are 7 key areas you need to consider immediately, and this Business Continuity Plan will step you through each one:
- Banks and Funding
- Management Team
- Customers & Suppliers
- Mental Health
To assist you, included in this Plan are the following checklists for meetings and emails for you to use in your business.
- Business Owner Decisions
- COVID-19 Continuity Plan
- E-mail to Employees
- Agenda for Team Meeting with all Employees