A guide to surviving COVID-19 for SMEs
Cashflow Management
About the Synergy48 Group Guide to Surviving COVID-19 for SMEs
The COVID-19 crisis is placing many businesses under considerable stress.
While there are a number of valuable resources available they are scattered all over the place.
The members of the Synergy48 Group have decided to provide a central collation point for useful resources, hints' tips, checklists and ideas to support SMEs through the crisis.
This is a work in progress... if you have a useful resource to share (either one you have created or something you have found useful) please use the link at the bottom of the page to share so everyone can benefit.
We hope you'll find it useful.
By working together we can all weather the storm.
Bad Debtors – Tips to help you identify and reduce your risk
A guide to surviving COVID-19 for SMEs Resource Library The impact of the Corona Virus on SMEs is massive and many have already been forced to close their doors. Here are some tips to to help you identify and / or reduce your risk if your clients are SME...
Managing Cashflow: Reducing and deferring expenses
A guide to surviving COVID-19 for SMEs Resource Library Reducing Expenses Can you reduce your staff? Qantas has set the standard by standing down 20,000 staff with no pay. I did some research for a client yesterday about standing down staff without pay. It can be...
Government packages & relief from insolvent trading liability
A guide to surviving COVID-19 for SMEs Resource Library Thanks to Jeanine Purdie from Business Credit Solutions for sharing this information provided by the Australian Institute of Credit ManagementAs part of the government’s safety net for distressed businesses, a...
Cash flow assistance for businesses: Fact Sheet
A guide to surviving COVID-19 for SMEs Resource Library This assistance will support businesses to manage cash flow challenges and help businesses retain their employees. These two measures are designed to support employing small and medium enterprises and to improve...