Week 39 Day 5 Action Items

Day 5

• [ ] Explore strategies to improve cash flow: invoice management, cost reductions, etc.
• [ ] Identify sources of emergency funding or short-term capital to bolster liquidity.

Reflection Questions: How will the potentially most impactful vulnerabilities to your business during a crisis inhibit cash flow?

<aside> 👉 Type Answer Here

</aside>

Cash Flow Response Plan

Review your list of potential vulnerabilities your business could potentially face during a financial crisis and begin to develop a strategy on how to handle each scenario as it relates to cash flow.

1. Most impactful
   1. Response idea 1 (related to cash flow)
   2. Response idea 2 (related to cash flow)
   3. Response idea 3 (related to cash flow)
2. Second most impactful
   1. Response idea 1 (related to cash flow)
   2. Response idea 2 (related to cash flow)
   3. Response idea 3 (related to cash flow)
3. Third most impactful
   1. Response idea 1 (related to cash flow)
   2. Response idea 2 (related to cash flow)
   3. Response idea 3 (related to cash flow)
4. Fourth most impactful
   1. Response idea 1 (related to cash flow)
   2. Response idea 2 (related to cash flow)
   3. Response idea 3 (related to cash flow)
5. Fifth most impactful
   1. Response idea 1 (related to cash flow)
   2. Response idea 2 (related to cash flow)
   3. Response idea 3 (related to cash flow)