How to manage cash and tighten expenses during a crisis. Here are the best steps to get started today - from building a cash flow model to stress testing financials.

1. Cash Flows Tips
during a Crisis
S B A L O A N S & C A R E S A C T

2. Get your financial statements ready.
The SBA, banks, and investors need
transparency.
Close Q1 financials. Speak with your
accountant and CFO immediately.
P R E P A R E I N A D V A N C E

3. With the country in quarantine, you
need to model worst case scenarios.
Understand your cash needs for the
near, medium, and long-term today.
S T R E S S T E S T S C E N A R I O S

4. Build 3-month projections to
understand your liquidity needs.
This is critical when speaking with
lenders and other capital providers.
1 3 - W E E K C A S H F L O W S

5. Assess working capital needs in each
scenario on your balance sheet.
Do you have enough equity to take on
additional financing? What are your
balance sheet limits?
R E T A I N E D E A R N I N G S

6. Create triggers aligned with your KPIs
to make fast operating decisions.
Plan out scenarios where you may need
to cut costs or raise capital if sales are
down 30% in three months.
S E T T I N G M I L E S T O N E S

7. Forecasting your cash position today is
more critical than ever. Especially if you
apply for government loans and raise
outside capital.
Create a survival strategy today so you
may thrive tomorrow!
B E P R E P A R E D