Support from the Small Business Commissioner on how to deal with unpaid invoices, including informal first contact and then understanding the most appropriate next steps.

A cash flow forecast will show you and your management team what your cash position is likely to be over the coming months. It can be created in a variety of ways – for example, using a traditional computer spreadsheet, an app or online accounting system – but no matter how you do it, it does not need to be complicated.

In the simplest terms, if a business doesn’t have sufficient cash to pay wages, rent and bills, for example, then it will not survive in the best of times. But when a lack of cash is combined with economic uncertainty, survival can be even more difficult.