Ten questions to ask yourself
What are the expected financial impacts on your business over the next six months?
Have you identified whether you’ll need additional funding, and do you have a plan to repay this?
What additional measures could you take?
Are there options that could provide time and space to manage your obligations while you focus on your business?
What is your (or your shareholder’s) commitment to ongoing support?
Are your Bank debt repayments placing a significant drain on your cash flow?
If you rent your business premises, are there options for rental relief?
What staffing levels will you need during or after COVID-19 restrictions?
Do you have the right business insurance in place?
How do you need to adapt your business to reflect potential changes in customer demand, or additional health and safety requirements during COVID-19 alert levels?