Money is the lifeblood of a business, and the ways of managing finances in crisis differ from those in peacetime. The faster a business can respond to the crisis with a positive, strong plan of action, the better. If it fails, it may end up with worse financial conditions or go bankrupt. To avoid this scenario, there are a few ways a business should start implementing.
We discussed how to control and plan finances, communicate with a team, pay salaries in war times, and get finance to restore business if it is destroyed.
Speaker:
Andriy Yakshin, co-founder at go4CFO. Professional CFO. Expertise: management reporting, budgeting, financial and investment planning. Finance coach, leads a telegram channel on the finance basics for managers. Together with the Ministry of Digital Transformation of Ukraine created a course on financial planning for startups.
