1. Cut burn rate - cut third party costs
  2. Salary sacrifice - Founders could take a pay cut
  3. Try and close your funding rounds as quickly as possible
  4. Check your insurance policy for any business interruption cover
  5. Follow government guidance on the protection of your work force
  6. Freeze hiring
  7. Monitor revenues on a daily basis
  8. Update your investors
  9. Step up communications with all stakeholders

SeedLegals is fully digitalised and we are always here to help. You can reach out to us over the live chat with any concerns

Did this answer your question?