The final furlough - A rocky road to recovery - A4G LLP

The final furlough | A rocky road to recovery

The Job Retention Scheme, more commonly known as furlough, has provided businesses with a huge lifeline to keep their businesses going and keep their employees in jobs. However, with the scheme is due to end on 30th September 2021, many businesses may still not have fully recovered to their pre-Pandemic financial position.

In this webinar, Josh Curties, Partner at A4G is joined by Emma Lee, Head of Litigation at Jarmans Solicitors, to help you not only plan for the end of furlough but consider the options you have.

What you need to consider and what your options are when furlough comes to an end in September, for example:

Who are you going to bring back?
How do you go about reducing employees’ hours?
How do you make redundancies? Is this the right option?
What are the implications of entering into an agreement with your creditors (CVA)?
What can you do if your customers or suppliers go into liquidation?

How to calculate your break-even point and why it’s so important, including:

Working out how much profit is in each £1 of sales
What minimum sales you need to make to secure your drawings as a business owner
How to set relevant sales targets
How as turnover grows you can end up with less cash in the bank

Details of the webinar

When it ran: Thursday 8th July

Where: Zoom

If you have any questions whilst watching, please email these over to Amanda.Stoneham@a4g-llp.co.uk and we’ll aim to get them answered or book you a meeting with one of our experts.

If there are any tools mentioned in the webinar you’d like access too, please again email your request over to Amanda.Stoneham@a4g-llp.co.uk and we’ll send these across to yo.

The final furlough – A rocky road to recovery