Business Advice

COVID - 19 Business Continuity Planning - 7 May


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Listen to our third webinar recorded on Thursday 7 May sharing practical guidance, best practice and help to understand the latest Government updates.
This included:
- The practical implications and planning for the un-furlough of employees. Moving from the ‘on/off’ switch of furloughing to the ‘dimmer’ switch of the recovery phase.
- Update on CBILS & CLBILS plus other funding options such as Asset Based Lending, to support working capital funding as businesses get up & running again.
- Venture Capitalists and Private Equity options to consider, plus an explanation of the Future Fund including eligibility, loan size, match funding and use of proceeds, due to be launched in May 2020.
- Deferring filing your accounts, the pros & cons.
- Government changes to legislation – Wrongful Trading - Use of - statutory demands and winding up orders - Restriction on commercial rent arrears recovery - Future changes
Practical advice and considerations for Directors
- Safely maximising R&D claims as a mechanism for enhancing cashflow, with focus on unexpected areas of eligibility and interactions with CBILS to ensure future claims are structured appropriately
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Business AdviceBy MHA MacIntyre Hudson