Australian businesses are experiencing a once in our lifetime situation. VLLC included. We are fortunate though as we are able to run all our language courses completely online so our students have had only minimal disruptions. I have recently read a really informative article from the small business site in WA which has put together a checklist.
I have added some of the key points below and included the link to the complete article at the end.
1. Understand your financial position.
2. Check your eligibility for government assistance
3. Contact your bank and insurer.
4. Communicate with your stakeholders.
5. Seek advice on deferring tax payments.
6. See if your business can still operate.
7. Understand your options in relation to employees.
8. Check your licencing requirements.
9. Commercial leasing - talk to your landlord
10. Consider whether you can draw on your superannuation.
11. Build your networks.
12. Keep informed of changes.
https://www.smallbusiness.wa.gov.au/blog/keep-your-business-going-during-covid-19-pandemic
1. Understand your financial position.
2. Check your eligibility for government assistance
3. Contact your bank and insurer.
4. Communicate with your stakeholders.
5. Seek advice on deferring tax payments.
6. See if your business can still operate.
7. Understand your options in relation to employees.
8. Check your licencing requirements.
9. Commercial leasing - talk to your landlord
10. Consider whether you can draw on your superannuation.
11. Build your networks.
12. Keep informed of changes.
https://www.smallbusiness.wa.gov.au/blog/keep-your-business-going-during-covid-19-pandemic
