Key Tips for Business Owners during these different times
- Show strength of character
- Be clear with your communications
- Be compassionate
- Be decisive
- Be POSITIVE but realistic
- Ask staff for their input to solutions
This is an opportunity to embrace change within your organisation this will be necessary to ;
a/ survive and b/ lock in new positive actions for the long term.
3 Keys to Focus on for Business Owners
- You, and your staff’s health and wellbeing (both physical and mental) is the first and most important focus.
- Cash flow is King; create a daily spread sheet going out at least 90 days; conserve as much Cash as you can now utilising the ATO and the Banks
- clear communications to your staff and clients
- focus everyone on completion of jobs and invoicing
- collect cash
- talk to your advisers and other business owners
This current situation is not a reflection on you, you are not alone so please pick up the phone and connect- don’t stay isolated.