Liquidity plan
Free liquidity plan template
Use our liquidity plan template for SMEs to see your flow of funds and identify possible liquidity bottlenecks early on.
Why do I need a liquidity plan?
Liquidity planning is crucial to companies. A plan shows on a rolling basis whether or when a liquidity bottleneck will occur and how large the potential financing shortfall may be. This lets you adopt measures early on to provide for the required liquidity.
What should I watch out for when planning liquidity?
Note the following three points when planning:
- Plan carefully and take your time.
- Planning should be based entirely on the facts and reflect reality.
- Update your planning regularly.
Liquidity plan – the benefits
- Step-by-step guide giving you an overview of your liquidity situation
- Early identification of financing gaps
- Simple simulation including visual illustrations
Tips for improved liquidity
- Write and send your invoices to clients promptly.
- Set short payment deadlines and consistently send reminders about overdue invoices.
- Agree with your clients to payment in installments.
- Optimize your warehouse and inventory.
- Sell off fixed assets you no longer need.
- Obtain additional funds from third parties or owners.
- Negotiate longer payment deadlines with your suppliers.
- Look for possible cost reductions, e.g., in personnel (including reduced hours), rent and normal operations.
- Regularly check procurement prices and negotiate price reductions.
- Postpone non-urgent procurement and maintenance work.
- Rent or lease necessary equipment instead of purchasing it.
- Reduce owners' salaries down to the essential.
Support for SMEs – coronavirus
In these challenging times, we continue to stand by you as a strong partner: find information here about COVID-19 loans, the current economic outlook and tips on liquidity planning and digital security.
