--- title: COVID-19....3 tools to help you create your battle plan description: . image: https://blog.accountancyextra.co.uk/hubfs/piotr-wilk-KfXWIkOk4hI-unsplash.jpg --- [![Accountancy Extra_All White Logo_RGB](https://blog.accountancyextra.co.uk/hs-fs/hubfs/Accountancy%20Extra_All%20White%20Logo_RGB.png?width=3543&height=945&name=Accountancy%20Extra_All%20White%20Logo_RGB.png)](https://www.accountancyextra.co.uk) - [About Us](http://www.accountancyextra.co.uk/about-us) - [How We Work](http://www.accountancyextra.co.uk/our-methodology) - [Contact Us](http://www.accountancyextra.co.uk/contact-us) - [Our Blog](https://blog.accountancyextra.co.uk/blog) ###### 2 min read # [COVID-19....3 tools to help you create your battle plan](https://blog.accountancyextra.co.uk/blog/covid-19....3-tools) By [stuart ramsay](https://blog.accountancyextra.co.uk/blog/author/stuart-ramsay) on Mar 31, 2020 ###### Topics: [News](https://blog.accountancyextra.co.uk/blog/topic/news) ![](https://blog.accountancyextra.co.uk/hubfs/piotr-wilk-KfXWIkOk4hI-unsplash.jpg)     All the focus up to now has been around understanding the Government legislation and how to access what's on offer, in terms of support However, what financial support do you actually need to get through the next 3 months and how can you help yourself? We've put together 3 of our favourite tools to help you plan your way and your businesses way through the next 3 months **All 3 tools are GSheets.  Please make a copy before starting to use them!** ## 1. Review your personal expenditure budget Planner Our first tool helps you understand exactly how much you need to live on.  Remember, your personal expenditure in the next 3 months will be very different to normal.  For a start You'll have no commute costs, no Pret lunches etc. There's also no eating out or going to the pub on a Friday night, or Saturday afternoon trips to the shops Now is the perfect time to review your subscriptions.  Have you ended up with Netflix, Amazon Prime TV and premium Youtube subscriptions...as well as that all encompassing Sky TV package? Have you taken advantage of the reductions that are available at the moment?  For example, pausing Sky Sports To help you work out your budget for the next 3 months, we've shared our personal expenditure budget planner.  To access your copy, just [click here](https://blog.accountancyextra.co.uk/hubfs/Personal%20Expenditure%20calculator.xlsx) ## 2. Calculate your Payroll Cost savings and your Government Grant with our furlough calculator If you have, or are considering furloughing some of your team, you'll want to work out how much you'll be cutting from your payroll bill each month and how much grant you'll get back from HMRC. This tool helps you calculate both of these.  You can access it [here](https://blog.accountancyextra.co.uk/hubfs/Furlough%20calculator.xlsx) This leads us into the 3rd tool..... ## 3.  Plan your business cashflow It's vital that you put together a cashflow forecast for the next 3 months.  A cashflow forecast will give us clarity on what's coming into the business and what we have going out. We'll then be able to identify our "cash gap", in other words how much financing we need to get us through this. We've added in space for the Rates grant, any CBILS finance and the deferral of HMRC bills Now you're armed with knowing how much you need to take from the business and what your furlough savings look like, you can go ahead and complete your forecast You can access your cashflow forecast[here](https://blog.accountancyextra.co.uk/hubfs/Cashflow%20Template.xlsx)     - [Tweet](https://twitter.com/share) ![stuart ramsay](https://app.hubspot.com/settings/avatar/d41d8cd98f00b204e9800998ecf8427e) #### Written by [stuart ramsay](https://blog.accountancyextra.co.uk/blog/author/stuart-ramsay) ###### [Previous Post](https://blog.accountancyextra.co.uk/blog/covd-19-our-initial-response) [![](https://blog.accountancyextra.co.uk/hubfs/roman-kraft-WUvBROPOsuo-unsplash-1.jpg)](https://blog.accountancyextra.co.uk/blog/covd-19-our-initial-response) ###### [COVD-19 Our Initial response](https://blog.accountancyextra.co.uk/blog/covd-19-our-initial-response) ###### [Next Post](https://blog.accountancyextra.co.uk/blog/covid-19-library-of-resources) [![](https://blog.accountancyextra.co.uk/hubfs/victor-xok-eHRzs3zunvQ-unsplash.jpg)](https://blog.accountancyextra.co.uk/blog/covid-19-library-of-resources) ###### [COVID-19 library of resources](https://blog.accountancyextra.co.uk/blog/covid-19-library-of-resources) [![Accountancy Extra_All White Logo_RGB](https://blog.accountancyextra.co.uk/hs-fs/hubfs/Accountancy%20Extra_All%20White%20Logo_RGB.png?width=650&height=173&name=Accountancy%20Extra_All%20White%20Logo_RGB.png "Accountancy Extra_All White Logo_RGB")](http:///www.accountancyextra.co.uk) Copyright © 2021 Accountancy Extra Ltd - Legal Stuff - [Privacy Policy](http://www.accountancyextra.co.uk/privacy-policy)