With COVID-19 comes new negotiations, new business operations, new consumer behaviors, limited revenue streams, and different cash positions. In this lesson, Michael will explain what to forecast, what to consider with your short-term cash positions, and what your new break-even point could be.
What you’ll learn
- What to forecast during uncertain times
- How to establish criteria to address when spending money
- Your short-term cash position and how it impacts reopening
This lesson is aimed at hospitality business owners and managers who are restarting after the COVID-19 shutdown.s034z8ylpy
Michael Bascetta is the co-owner and operator of Bar Liberty, Capitano, and Falco Bakery and co-founder of Worksmith.