1. How to… Support your business by maximizing your cash flow Dwayne Mann Sr. Vice President, Business & Corporate Credit

2. What to focus on? Don’t act on emotion, assess each situation as rationally as possible Understand and monitor your cash flow  Prepare a week by week projection of inflows and outflows  You must know where you stand at all times  Lack of cash is what kills If not in balance, adjust quickly: o Slow down inventory purchases o Collect receivables quicker o Stretch payments to suppliers if possible o Cut expenses that won’t help boost short term sales (no nice to haves) o Reduce owner with-drawls and payments o Can staff work 3 or 4 days instead of 5 o Changes in inventory

3. What to focus on? Develop a sales boost strategy to increase cash  YYCisopen.com campaign  Connect with your Business Revitalization Zone  Utilize available customer data to: Let people know you’re open again and offer discounts Keep your bank and suppliers informed  Share details and ask for advice  Be upfront about your business viability  Work to find a solution that works Seek additional support where available  Flood relief assistance through your financial institution  Alberta Government Flood Recovery Programs  Friends, peers, lawyer, book-keeper, accountant

4. What else to be aware of?  Understand your insurance  Get to know the flood relief programs  Budget wisely for repairs and stick to it

5. Recap: 5 Steps to Support your Business 1.Understand and monitor your cash flow 2.Tighten expenses wherever possible 3.Develop a sales boost strategy 4.Keep surprises to your bank and suppliers to a minimum 5.Seek additional support where available  More tips & resources available at the ATB Financial table