This on-demand self-study course addresses practical tips to help you, your clients and your organization to get through and manage a cash crisis. It is based upon the popular live webcast "Practical Tips to Get Through a Cash Crisis," originally broadcast in May 0. During the course, you will receive practical advice and ideas to help manage issues brought on by the pandemic.
Learning Objectives
- Identify useful tips for businesses facing a cash crisis
- Identify the attitude required
- Determine how to negotiate with suppliers
- Choose strategies to talk to your employees and cut payroll costs
- Recognize how to deal with your bank in the crisis
- Choose alternative financing options
- Select cost-cutting ideas
- Choose an ethical approach in a cash flow crisis
- Show how to get outside the box for solutions
- Choose stress reduction approaches
Major Topics
- Negotiating with suppliers
- How to talk to your employees and cut payroll costs
- Your bank and the crisis
- Alternative financing options
- Key advantages and watch-outs on some government programs that help
- Cost-cutting ideas
- Ethics in a cash flow crisis
- Tricky situations that arise
- Getting outside the box for solutions
