The containment measures adopted to mitigate the spread of the Covid-19 pandemic have hit the global economy hard. A crisis like no other, the IMF now expects global GDP to contract by 4.9 per cent this year, and this will hit business operations hard.
Small and medium-sized enterprises (SMEs) have smaller financial buffers and are more vulnerable to the disruption that comes with persistent lockdown and social distancing measures. During the coming recession, companies will face mounting challenges when it comes to cash flow, managing liquidity and maintaining sufficient working capital.
SMEs must learn from the experience gained this year and be prepared for any future disruptions or threats that may come in the future.
Join industry thought leaders from Gulf Capital, Charles Russell Speechlys and Lex Consortia as they provide SMEs with practical inputs on maintaining business continuity, re- negotiating contracts and navigating insolvency risks.
This exclusive webinar on 14 July at 1pm looks at what steps SMEs can take to restructure their businesses ensuring minimal loss and reducing the negative financial impact.
Key discussion points include:
> A comprehensive guide to maintaining business continuity
> Renegotiating contracts
> Navigating insolvency risks
• William Reichert, Partner, Charles Russell Speechlys
• Beenish Haider, Co-founder & Managing Partner, Lex Consortia (ex Head of Corporate & Commercial, The Legal Group)
• Simon Gilbert, Senior Legal Counsel, Gulf Capital
• Richard Thompson, Editorial Director, MEED
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