Warning for Small Business
According to the latest ABS survey on the business impacts of COVID-19, 3 in 10 small businesses reported that currently available cash on hand would support business operations for less than 3 months.
On top of this some businesses commented that existing cash on hand would not be sufficient to maintain operations if not for government support measures such as JobKeeper.
This spells out a huge danger period for small business at the end of September.
And if you don’t want your doors closing for good, you need to start planning now to transform your business so you can survive.
if you want some help to implement a Safe Harbour Business Rehab Plan to help your business survive, contact me below
Contact Wayne Wanders for your FREE Business Survival Session
At the end of this session, you will have multiple ideas on how your business can survive and thrive in these uncertain times.
Simply fill in the contact form below or email me at wayne@aRealCFO.com.au or call me on 0412 227 052 to organise one of these obligation free sessions.
Wayne Wanders, A Real CFO
wayne@aRealCFO.com.au