Since the coronavirus lockdown, businesses have faced acute cashflow problems. The government initiatives such as the loan schemes and VAT deferment have acted as a safety net but what happens to businesses once the taps get turned off?
Host Richard Hattersley is joined by Sage’s director of product management and former accountant in practice Chris Downing, Sam Mitcham from SJCM Accountancy and Emily Smith from Finlayson & Co to find out how accountants are preparing their clients for the uncertain future.
Mitcham and Smith have worked tirelessly since the lockdown announcement to ensure their clients don’t have to succumb to the worst-case scenario of having to close their businesses.
In the podcast, the accountants give their from the trenches viewpoint on what government schemes have proved successful in supporting small business health, and how they’re helping their clients forecast through the crisis.