UPDATED 16 October 2020
Whilst the furlough scheme will have eased the problem of paying wages during the lockdown, the ending of the scheme on 31 October will leave the problem of how to fund those wages.
From 1 November there is a less generous Job Support Scheme for those who continue to work in viable jobs but on reduced hours.
Even if sales are slow to pick up, you will still need to pay those increasing wage costs, and it is better to work out now where those funds might come from.
Options might include:
These are just a few options – it is crucial to plan now for the return to work and not wait until the support schemes have ended.