The Truro & Colchester Partnership for Economic Prosperity is here to help small businesses analyze their needs.
It’s important to assess your cash flow during this Covid-19 time of crisis. Jason Steele, Business Development Officer (firstname.lastname@example.org), created an excel spreadsheet tool that may help you in doing such an analysis, which needs to be much more specific compared to a normal cash flow forecast.
This tool will help you to drill deeper in assessing the impact of Covid-19 on your revenue losses, continuing and deferrable expenses and provide a gap analysis that could then be used for supporting funding applications. This forecasting tool can also help in determining how you might pivot your business in the short-term to make up for net cash flow losses (depending on your business situation).
This tool is meant to help those who are:
– Needing guidance on how best to assess the cash flow impact on your business from the COVID-19 crisis
– Looking for a tool that auto-calculates and outlines what you may need for funding support
– Looking for alternative revenue opportunities for your business during this crisis and/or how best to prepare for the rebound period post-crisis