Commercial finance broker and Alchemy mentor Mark Johnston, begins candidly with a recognition of his own fear, facing the fear and using that fear to to drive the next stage of your plan.
Mark emphasises the importance of open and honest communication with all your stakeholders including banks, suppliers and customers and a need to take action. You’ll need to prepare 3 month cashflow projections initially to understand the problem fully.
Mark highlights the various government schemes available to support businesses in genuine need and offers potential remedies to the financial crisis, which includes a realistic overview of what to expect if you wish to apply for the Business Interruption Loan Scheme,
Mark invites you to apply to the Alchemy mentoring programme for further support