In order to calculate the likely financial and trading position of your business once it reopens, you’ll need to examine different scenarios – for example, reduced capacity, increased costs and reduced spend per head. Using our downloadable template will allow you to work these factors out and also help you examine revenue and costs over four phases:
- 1. Closed
- 2. Pre-opening
- 3. Ramp-up
- 4. Break-even / low period
Using the template, you can establish the exact working capital ask required against four different time period scenarios and predict when you hope to break even and move to a more positive trading operation.