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How to protect your network
While COVID-19 has paved the way to working from home, it has also opened the gateway to hackers who have their finger on the pulse – looking to exploit vulnerabilities in work from home models. Businesses need to gear up to keep cybercriminals at bay. Here’s what you can do to protect your organisation.
COVID-19 cash constraints? Here’s how to retain your team
For some Australian businesses, it’s still business as usual, but others are feeling the impact of the COVID-19 pandemic sweeping through the country. However, finding ways to cut costs without slashing jobs could help you weather the crisis – with your team intact.
New toolkit to help businesses get back to work safely
As the Australian economy steadily reopens, a new online toolkit has been launched to provide detailed guidance for businesses and workers on how to stay safe from COVID-19.
Are online medical certificates valid?
The COVID-19 pandemic has resulted in an increased need for remote doctors’ appointments, as more people stay home and only leave the house for the essentials. The increase in remote doctors’ appointments may also mean you start to see an increase in online medical certificates from your employees.
Borrow, sell or close your business: How to decide
When your business is struggling, it can be hard to decide what steps to take next. Securing a new business loan or refinancing an existing one might help you stay afloat for a little longer, but is it always the best choice? Here are four options to consider when times get tough.
Businesses to be cautiously optimistic as consumer confidence returns
Many businesses are suffering under the economic impact of the COVID-19 pandemic. However, the latest CommBank (CBA) credit and debit card spend data might point to the beginning of a recovery.
Use this handy template for your next cash flow forecast
Many business owners in Australia are looking for cash flow support to carry them through the current tough times. Taking precautionary steps to help manage your operations better can help you through – for example, by conducting regular cash flow forecasts. Download this handy template to learn what to include in your forecast.
Get your timing right and make the most of temporary cashflow boosts
The government recently passed legislation for a temporary cashflow boost, offering eligible small and medium businesses an initial and additional cash flow boost from 28 April 2020 through the activity statement system.
Managing the impacts of going back to the office
As we begin to see COVID-19 cases dropping and lockdown restrictions starting to ease, people are easing their way ‘back to work’. It’s an understatement to say that so much has changed in the last couple of months.
4 support measures for Australian export businesses
Australia is, to use the words of the Reserve Bank, a “relatively open, trade-exposed economy.” This means, we largely rely on exports of our goods and services to other countries. So when overseas demand slows, such as during a global pandemic, Australian export businesses are particularly hard hit. But there is help if you’re affected.