Five ways to reduce the impact of Covid-19 on your cashflow

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✔️  Know where you are at – cash flow projections (Banking app)
✔️. Identify areas of private/business expenses that you can reduce without
minimizing the quality of product and service delivery (staff, banker, suppliers)
✔️. Freeze, reduce or remove where possible
✔️. Alternatives to delivery/online
✔️   Communicate with your clients/manage perceptions [talk to your banker, after all, there are also financial consequences]

This short video is brought to you by Nedbank in partnership with Thayn Niemand

 

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