Australia is experiencing unprecedented events, firstly following the bushfires and now through the increasing impact of the coronavirus.
The impact of these events is likely to see Australia enter into recession for the first time in 29 years.
For businesses to prepare and combat the effect of a recession, business owners must urgently assess and prepare for such an event. To assist business owners (or your clients) through these difficult times, below is a simple and practical approach that business owners can implement during such a crisis. Worrells can also assist business owners with this assessment.
Here is our simple 5-step process to crisis proof your business: