The outbreak of COVID-19 with containment measures, stay-at-home orders and the closure of borders has left many Small and Medium Enterprises (SMEs) with significant liquidity problems. Under these conditions, it is essential for businesses to closely monitor their liquidity situation to always have the cash on hand they need to meet their payment obligations and avoid last-minute liquidity deficits.
In the 1.5-hour webinar you will:
- Learn about the importance of liquidity for companies to timely meet their payment obligations;
- Get to know a simple, Excel-based liquidity planning template that will allow you to closely monitor and coordinate your in- and out-payments and have an accurate insight on liquidity in the short and long run;
- Discuss practical measures to improve liquidity by fast-tracking revenues from goods and services, reducing operational expenses, optimizing ordering processes, stock optimization and the careful planning of investments or disinvestments.
Using minimal jargon, liquidity planning will be explained based on the practical example of a Georgian guesthouse.
The webinar will be delivered in English.
Speaker: Daniel Matter, BPN Georgia Operations Director
Target Audience: Owners and financial decision-makers of Georgian SMEs
Handouts: Key webinar materials such as the Power Point Presentation, an Excel-based liquidity planning template and a liquidity plan example will be made available online to all registered webinar participants.