Are you running a small or medium sized business or infact any business?

You need to manage finances to keep it alive.

Apart from finances you also need to keep the non perishable inventory alive.

You can do a few things every year to manage your finances.

Keep a check on your revenues and net profit for every quarter.

Know what your assets are worth.

Keep that debt in check.

If your liabilities are more than your assets you need a better strategy.

Quantify how much of the profit you can put back intl the business.

Project your revenues and expenses for atleast 1 year.

The last point is important.

It will tell you how much you need to keep the business running in a stressed scenario like thw one we are facing now.