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Staying home and staying safe...
As a result of COVID-19, many of us have now been working from home and in some cases doing lots of home work with our children.
If you are a business owner, now may be the perfect time for you to do some additional homework, specifically for your business, and learn how our Leasing product could help you manage your fleet.
...but continuing to think ahead.
We are now operating in an increasingly volatile business and economic environment, where priorities for businesses may have changed in the immediate term.
Here we discuss some of these key areas to be navigated by businesses as a result of the COVID-19 event and offer some potential solutions that can help organisations reduce captial investment requirements and increase operational efficiencies.
Supply chain impacts as a result of the COVID-19 event have led to a scenario where cash flow has become disrupted for many organisations. Business with low cash reserves may be particularly vunerable in the current climate, however even businesses that appear to be in a strong financial position are not immune and the need to be prudent is evident, as it still unclear how long the current conditions will last for, and how long it will take for supply chains to return to a normal state.
In the section below you will find some ideas and actions, advised by Deloitte, that businesses can take to ensure cash-flows are preserved, along with some suggestions about how Volkswagen Financial Services Ireland can assist.
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