Economy growth forecasts downgraded: what SMEs can do right now to manage their cash flow

The Singapore government has downgraded its forecast for its economy this year, and there is a possibility of a recession.

RIABU’S Simon Littlewood tells Mark Laudi the steps SMEs can carry out to manage their cash so they can keep the lights on and pay their employees. Also, advice for companies that are not prepared for this downturn to prepare better for the next one.