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Protecting your Business in a Post-Covid World

Newcastle based Geoff Maclauchlan provides interim & part time strategic financial guidance.

Managing Director, Geoff Maclauchlan recently spoke to Northern Insight Magazine on how businesses can protect themselves in a post-pandemic world.

We finally seem to be seeing a light at the end of the COVID-19 tunnel and things are slowly getting back to a new sense of normal. However, even though we have had an economic earthquake, the tsunami is still to follow. In the coming months businesses will need to look at how they are prepared to face the challenges ahead. Many businesses have had the benefit of the Coronavirus Business Interruption Loan Scheme (CBILS), bounceback loans and grants as well as the benefits of the Furlough scheme and VAT deferral. This may have led to complacency and a false sense of security about their cash position but that is likely to change.

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About the author

Kingsmere Finance Directors

Kingsmere Finance Directors

Helping businesses to grow by improving financial stability, efficiency and profitability, leaving management to focus on running and developing the business.

Helping busy business owners and managers understand finance.

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