Accountants and bookkeepers are at the forefront of helping small businesses grapple with ongoing uncertainty in all sectors of the economy. The advice they give to their small business clients is pivotal to managing cash flow to be as resilient as possible.
Understanding the amount of cash small businesses have on an ongoing basis is key to informed decision-making. We created this guide to make it easier for you to quickly assess your clients’ cash situation and help them achieve and maintain positive cash flow. Forecasting tools, combined with industry best practices and details about government resources, will give you a range of options for your clients, with the goal of staying cash positive for the next three months.