Liquidity planning as a basis for business decisions
Liquidity planning has always been an important financial planning tool, which is indispensable for the purpose of corporate management. In SMEs, however, it is often neglected. Liquidity planning in terms of sufficient liquidity is often located more in the head of the entrepreneur or in their gut feeling. If the company develops positively, problems rarely arise in day-to-day business practice.
This comfortable situation can change abruptly if the company is hit by unforeseen events. This has become particularly clear this year due to the corona crisis. In this article, omegaconsulting partner Axel Deilmann explains the importance and objectives of liquidity planning, especially for SMEs.
