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COVID-19

Where to focus your business in a time of crisis

With the rising impact of COVID-19 being seen worldwide, all industries will face significant disruption to their supply chain, workforce and cashflow. The right response will depend on the specific circumstances you and your business face. However, when experiencing significant stress or distress, we recommend you focus everything you do around the management of cash.

We have summarised within the Grant Thornton Resilience Wheel what key factors Directors should be considering and the importance of managing cash flow at this unprecedented time.