Short, medium & long term business planning & forecasting
Have you recently revisited your business plan?
The pandemic will have thrown the majority of businesses a huge curve ball, do you need to revisit and rewrite your business plan? Have you considered the review of the following;
* Employees; communications, safety, continuity of work, assessment of costs to keep team members employed, flexibility.
* Strategy; scenario planning, financial planning / modelling, IT systems / digital improvements, customer engagement and support.
* Liquidity; identify operational and financial triggers within the business to conserve and / or generate cash, plan your break-even point cash position - understand how many sales do you need to generate, what relief is available from tax provisions or other local support.
* Supply chains; alternative suppliers if reduced / slow output, logistics / distribution agreements, storage solutions to meet new volumes, quality measures.