You are a business owner, and your company organises a medium size niche electronic and semi-conductor exhibition. The recent shortage of chips globally has affected many manufacturers and as a result many of the participating companies have withdrawn from or are not participating in your exhibition. Your Finance Director has alerted you that the company is anticipating a negative cashflow and will not have sufficient cash to pay office rental, staff salaries and some outstanding payments to suppliers in the coming three months. (a) Analyse at least THREE (3) implications resulting from this negative cashflow situation. (9 marks) (b) Suggest TWO (2) ways in which you as a business owner can obtain financial help to improve the current cashflow situation for the company to be able to make payments to staff, overheads cost and suppliers. (6 marks) (c) Demonstrate THREE (3) ways you can improve the future cashflow situation for your company. (10 marks)
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