Replacing Lost Cash INFLOW to Survive the COVID-19 Recession

Cash flow is the lifeblood of a business. The COVID-19 crisis has constricted that lifeblood for most hospitality businesses, in many cases cutting it off entirely. In a series of two articles, Bob Lannan explores a two-part strategy for restoring some needed cash flow to a hospitality business, to improve its chances of surviving the crisis: replacing lost cash inflow and minimizing cash outflow.

Here is Part I of the series, which explores the first part of this strategy.