Small and medium-sized enterprises (SMEs) wanting to ensure sufficient cash flow under the epidemic can sell their inventories. Or they can look for other shareholder financing, collect advances from customers, collect what they are supposed to collect in advance, and cut fixed costs.
Wuhan epidemic outbreak on all walks of life is a great impact, many restaurants, entertainment venues, tourist attractions are now in a state of closure. Enterprises are now under great pressure, businesses are now faced with monthly rents, even after the outbreak, companies still have to pay wages to employees, equipment depreciation still have to pay. Some businesses are basically only able to pay for one month's cash flow, and without the income, they will have difficulty in funding the next installment of their cash flow.
Then a group of small and medium-sized enterprises under the want to ensure that they have enough cash, the previous warehouse inventory all clear. For small and medium-sized enterprises is the first to count how much inventory inside their warehouse, in search of merchants to try to the batch of inventory disk out.
Searching for shareholders to finance the temporary financial crisis. Only the shareholders can be approached and they can raise capital. Or borrow money from other shareholders to make sure you have enough cash flow.
If you don't have enough cash flow, you can also talk to your customers and ask them to prepay. Find customers who believe in their business and give them a little bit of their profit and let them prepay.
You can also recover your own money in advance that you should have gotten before, a lot of small and medium-sized businesses they will have payments that are not all cleared up. Take this opportunity to clean up all those payments and recover all those payments. Recovering the monies that should be recovered can be an immediate solution.
Small and medium-sized enterprises can cut back on their advertising and other product and labor costs. This method is also a desperate measure, do not cut these costs as a last resort. You can also apply for a loan from the bank, in the period of the outbreak, the bank loan can also be temporarily deferred repayment.