Developing Your Business Continuity Plan in Response to Covid-19

Summary

In these unprecedented times, it’s important to remember that we’re all in this together; everyone is impacted by Covid-19, from our team, to our customers and suppliers.  We’ve prepared this guide to help our clients navigate through these uncertain times by working together to help keep businesses alive and people employed.

We can’t stress enough the importance of communication at this time.  You’re not alone in this.  Communicate with us, your accountants; we’re here to help.  Communicate with your team; they’re worried about their job security and supporting their families.  Communicate with your customers; reassure them that you’re still open for business and of the steps you’re taking to protect them.  Communicate with your suppliers; they’re a business just like you, with similar concerns.  Communicate with your bank and financers; sooner rather than later – act now for your best opportunities.

These are scary times for everyone, but it’s a time for planning, not panicking.  We can all make a plan to minimise the impact as much as possible.  Things will change, that’s a given.  But with this change comes opportunities.  Think about how your business can evolve.  It’s likely your customers still need you; but you may need to pivot your business.

We encourage our clients to reach out to us.  We are keeping up to date with the latest from the government and will share the latest developments with our clients.

All of our team members will be working from home.  All, of your usual face-to-face meetings will now take place online or by phone.  The value we provide you won’t change; our delivery will just look different.

We can all do our part to keep ourselves safe and protect our community.

We are committed to safeguarding the financial health and wellbeing of our team and our clients.

Please get in touch, by phone or email, to discuss your options and make a plan for the continuity of your business.

 

Why we developed this service.

These are unprecedented times for businesses and their people.  We want to provide you with accurate and logical advice to help you minimise the impact the Covid-19 pandemic will have on your business.

 

We’re here to support our clients to develop a plan to get through the coming months.

We’ve developed a Business Continuity Planning service to help you identify the actions you need to take to prepare your business for the impact of Covid-19.  Part of the plan is ensuring you maximise your Government entitlements and other support to minimise the downstream impact of a downturn in business.

 

Who should undertake this service?

Every business should have a plan in place to prepare for the impact Covid-19 will have.  We can advise you on your government entitlements, how to preserve profitability and cashflow, and help you identify key areas of your business to focus on.

 

What is involved?

We understand business owners are feeling overwhelmed at the moment, so we’re offering the following service options to support our clients to develop their Business Continuity Plan:

  1. We can meet with you online to create your Business Continuity Plan in a collaborative approach, bringing together your operational knowledge and our financial acumen.
  2. You can draft your Business Continuity Plan and we can meet online to review and finalise your plan
  3. You can use our Template and Guide to create your Business Continuity Plan yourself.

 

When should I begin?

You must take steps NOW to prepare for the impact the Covid-19 pandemic will have on your business.

Doing nothing is simply not an option.