Category:
Business Training
Longford & Roscommon LEO's in association Longford and Roscommn Chambers of Commerce with Grant Thornton Webinar
This event is no longer available
Covid-19 Update on Business Supports from Local Enterprise Office, Microfinance Ireland and Strategic Banking Corporation
Funding Supports - What's available from State Organisations and Banking Sector
Covid 19 Supports, including
- Local Enterprise Office Supports: Business Continuity Voucher
- Trading Online Voucher
- Microfinance Ireland Covid 19 Business Loan (€20m available ) via LEO
- Enterprise Ireland Business Financial Planning Grant
- Enterprise Ireland Lean Business Continuity Voucher
- Enterprise Ireland Online Retail Scheme
- Enterprise Ireland Sustaining Enterprise Fund (€180m ) Rescue & Restructuring Scheme (€200m)
- SBCI Working Capital Loan (€450m available)
- SBCI Future Growth Finance Loan (€200m available
- SBCI Credit Guarantee Scheme
Working Capital - Effective Cashflow Forecasting
- Do we plan scenarios to cater for a range of risks?
- Does liquidity at times constrain strategy execution
- Do we have a cash flow or liquid reserves policy
- How well does my organisation’s cash generation compare to others in the sector?
- Does management have a clear understanding of the organisation’s working capital structure
- Does the quantity of data from the ERP system overwhelm our ability to structure it in a way that could support a model?
- What are the key drivers of cash flow in the business; where can we source the required data to support the forecast?
- Do we have the expertise and capacity to create and maintain a cash flow model?
Wage Subsidy Supports
- The Temporary Wage Subsidy Scheme (TWSS) is a scheme introduced to assist employees, who are retained on their employers payroll to receive significant supports through the payroll system.
- The subsidy is expected to be topped up unless an employer is not in a position to do so.
- Initial scheme duration is 12 weeks from 26 March.
- Employers make this special payment to their employees via their normal payroll process.
- Employers are then reimbursed by Revenue, in general, within 2 days of receipt of the payroll submission.
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