Me and two others started a small business in 2000. After a year or two we developed a rule of keeping about three months of turn over in the bank at all times

Me and two others started a small business in 2000. After a year or two we developed a rule of keeping about three months of turn over in the bank at all times. It was designed to deal with say VAT and Corp tax turning up with payroll and no or late payments from a few big accounts in a perfect storm of cash flow fuck ups. No we did not factor in a global pandemic in our plans but it seems that avoiding credit to bailout your cash flow is a strategy to consider for the future. With the measures like furlough etc in the UK we have a plan for six months that leaves money in the bank and all 20 employees still on the books. I'll just be damn glad to get out the other side of this with my business and staff all in one piece. Losing the contents of the war chest for a while is the least of my worries if we are still solvent as a business and earning/paying personal incomes.