Many businesses will at some point, and for a variety of reasons, face a cash flow crisis. We have set out some tips that you might find useful specifically tailored to the horticulture industry.
In these unprecedented times, many horticulture businesses are facing huge pressure on their cashflow as a direct result of the impact of Covid-19.
There are some immediate steps which businesses can take to get control of their cashflow. These are not definitive, but are aimed at helping businesses think through the next steps.
Keeping hold of, or managing cash, is critical; we don’t mean physical cash but the balance of your money in your accounts as opposed to with customers, suppliers or locked-up in assets when it could be working for you.
The toolkit available to download below will provide some immediate steps which businesses can take to get control of their cashflow.