Short-Term Financial Management_A COVID-19 Special Insight
19 June 2020
With disrupted supply chains, immobile workforces, slowing consumption and scanty revenues, businesses are facing major challenges, compelling leaders to revisit their business plans. Governments world over, have announced various relief measures to boost consumption and help businesses navigate this time. However, owing to uncertainty around the situation, it is becoming increasingly difficult for most businesses to keep their financial wheels moving, irrespective of nature or size.
Given the sudden setback and ensuing economic slowdown, key financial and business parameters are likely to become redundant. As businesses focus on resuming operations in the new normal, leaders should re-evaluate their short and long-term strategies.
To support businesses and enable leaders to navigate the financial predicaments caused by this crisis, we have created a special ‘Insights’ series on financial strategies in response to COVID-19.
The publication highlights key focus areas and government reliefs that business leaders should evaluate, to optimise the financial health of their businesses.
We hope you find this publication interesting and insightful.