

Planning ahead to boost your business’s resilience.
During what would normally be the busiest period of the year for businesses in retail, hospitality and other sectors, many will now be keeping a close eye on their cashflow as they deal with the impacts of COVID-19.
While Government-backed schemes like furlough, grants and loans will provide some much-needed support, there could be additional disruption to contend with as the UK reaches the end of its transition period with the EU and new rules take effect from 1 January 2021.
As a result of the pandemic, the Bank of England estimates that small companies in the UK could face a total cashflow deficit of £40 billion to £70bn this year.
Even before the pandemic, cashflow problems were among the main causes of business failure. The danger is they can be hard to spot if other financial measures, such as profit, are looking positive, and in many cases the signs aren’t obvious until it’s too late – at which point, you may struggle to pay your staff or bills.
To avoid running out of money and prepare yourself for financial shocks, it’s essential to monitor the way your business’s cashflow looks now, and forecast how it might look in the future.
That’s why we have produced a leaflet on measuring, forecasting and improving your cashflow.
After you’ve read it you can also have a look at our simple 12 week cash flow forecast and have a chat with us about any problems, if you need any further support or you’d just like to talk your cash position through.
- Setting out the road to recovery
- How to manage cashflow in your business
- Lockdown 2 Support
- Brexit Business Preparation Update
- Emergency Package
- Client Learning Centre – Take Your Business Forwards
- Flexible Furlough Claims Open
- Salesforce Small Business Grants
- The Coronavirus Job Retention Scheme (CJRS) is Changing
- Self-Employed Get Second Grant from Government
- SEISS – Opening a Government Gateway Account
- Apply For A Business Bounce Back Loan (BBBL)
- Government announces “bounce back” loans
- Personal Affairs Guide
- Coronavirus Job Retention Scheme: Step by Step Guide for Employers
- Rules relaxed to help businesses through COVID-19
- COVID-19: Support through the benefits system
- Cocooning a business
- Increase in working tax credits
- Coronavirus Job Retention Scheme – FAQ updated 7th April 2020
- Universal Credit & Benefits Calculator
- Coronavirus Business Interruption Loan Scheme (CIBLS)
- Your Action Plan for Managing The Crisis
- Coronavirus Job Retention Scheme – 30 FAQ’s
- Universal Credit Factsheet
- Overview of government support and available finance – FSB Webinar
- Wakefield Council Cash Grant Scheme
- Coronavirus Job Retention Scheme Update
- Self-employment Income Support Scheme
- 12 week cashflow forecast
- COVID-19: Summary Blog
- Furloughing – The Basics
- COVID-19: An overview, so far
- COVID-19: Further Support 20th March 2020
- COVID-19 and support for business
- Budget 2020 – Video
- Want to raise finance? Why make it harder?
- A problem shared
- Magnificent 7 Questions
- Help I’m running out of cash!
- Financial numbers are your story
- Build bounceabackability…
- Start with Why
- COVID-19 – The Sanders Partnership Chartered Accounts support
- Economic update 2020
- Client Support Centre
- Brexit Hub
- Spending Review November 2020
- Year-end tax guide 2020/21