CPA Australia has created resources to assist small businesses to manage through the business implications of COVID-19.

There are a range of actions small business owners can consider implementing to survive now, and be positioned to take advantage of the recovery in future. The Managing Through COVID-19 guide contains detailed practical steps under 8 key areas:

  1. Update your financials and keep them up-to-date
  2. Do a financial health check on your business and repeat regularly
  3. Act now to improve cash flow
  4. Develop a contingency plan
  5. Keep in regular contact with staff
  6. Increase online sales and keep in contact with your key customers
  7. Keep in contact with your key suppliers
  8. Reality check

You can download the Managing Through COVID-19 resource here.

You can find CPA’s comprehensive list of further resources for businesses here.

For 24/7 crisis support, call Lifeline 13 11 14.

Image credit: Photo by Tim Mossholder on Unsplash