MANAGING YOUR BUSINESS
Practical tips and checklists for managing your business, or your client’s business.
Checklist of possible actions to help your business manage through COVID-19
There are a range of actions you should consider as you manage your business through the COVID-19 pandemic. Download our checklist which includes a clear list of actions you can undertake at this time. View a detailed summary, including example worksheets and checklists.
Last updated 26 March 2020 | PDF
Factsheet: COVID-19 employment issues
To maintain a sustainable firm you need your people safe, engaged and at work for the inevitable rebound from COVID-19. Developed specifically for public practitioners in Australia, this factsheet outlines key legal considerations, HR strategies and employment resources to support you in responding to the COVID-19 pandemic.
Last updated 31 March 2020 | PDF
COVID-19 employer’s manual for public practitioners (member login required)
This manual has been produced to provide accounting practices with guidance around the employment and industrial law updates arising out of COVID-19. The manual covers amendments to the Fair Work Act (including JobKeeper), amendments to the Modern Awards, general stand down provisions in the Fair Work Act, and remote working and working from home, including templates and forms.
Last updated May 2020 | Article
Tips to manage credit and accounts receivable
Having credit and accounts receivables policies in place and being clear and upfront about your payment expectations both in person and on your invoices will go a long way towards ensuring that your small business gets paid on time. These tips aim to help small business develop a framework and consistently apply processes to manage their credit and accounts receivable.
Upload July 2020 | PDF
Tips to manage foreign exchange risk
Foreign exchange risk refers to the possibility that a business’s financial performance or position will be affected by fluctuations in exchange rates between currencies. Government policy, changes to supply chain, customer flows and general economic factors are likely to contribute to this risk. Read our tips for managing foreign exchange risk.
Last updated 19 April 2020 | PDF
Business development during a crisis
In this recorded discussion, the Chair of CPA Australia’s Queensland Public Practice Committee Shanna Hunter FCPA caught up with host of the Beyond Billables podcast Michael Bromley on how to navigate business development in times of crisis.
Uploaded June 2020 | Video
Tips for building customer trust – online commerce
For many small businesses, building trust is crucial to ensuring repeat customers and standing out from competitors. This is no different, and perhaps even more important, when you are selling online.
Last updated 28 April 2020 | PDF
Staying close to clients while social distancing
In these tough times, while we maintain our social distance, clients need to know their practitioner is right by them.
Last updated April 2020 | Article
How to better manage your suppliers
Developing and sustaining positive supplier relationships is crucial to business success. Here are 12 tips on how to cultivate strategic partnerships that are mutually beneficial and align to your business goals.
Last updated 18 September 2020 | PDF
Supply Chain Resilience: Tips for building flexible and resilient supply chains
Unforeseen supply disruptions can create shortages of key items for your business, which can have significant consequences for your ability to operate. These steps should assist you to continue to operate in a difficult environment and may give you an advantage over competitors that are not as well prepared for such disruptions.
Last updated 7 August 2020 | PDF
Good practice checklist for small business
This checklist helps Australian small businesses identify some of the tasks critical to good business practice. If you regularly undertake these tasks, you’ll be in a better position to manage and grow your business and reduce the pressure you may face at the end of financial year.
Uploaded April 2020 | PDF
Tips for small business in uncertain times
Reduce your reliance on external debt, improve your productivity, review your cost structures for savings, adopt appropriate risk management strategies, and review your business plan for the changing environment.
Uploaded April 2020 | Article
High-level tips to help small businesses manage through COVID-19
COVID-19 presents a significant threat not only to human health but also to businesses. For many, the steps by governments to contain the virus, such as restricting movement of people and shutting non-essential businesses, will result in a sudden fall in demand for their products and services. Our list of tips will help your business survive and place it in the best possible position for recovery.
Last updated 26 March 2020 | PDF
Example checklist: COVID-19 contingency plan
Part of a comprehensive risk management strategy includes an effective contingency plan to ensure your business is prepared for what’s coming. Download our checklist which includes a range of areas to consider, such as employees or related parties catching COVID-19, staffing arrangements that should follow, impact on customers, and ideas on how you can implement plan B.
Last updated March 2020 | PDF
Factsheet: Cyber security essentials for working remotely
With many people working from home, it’s more important than ever to incorporate cyber security measures into your contingency planning and every day work practices. Follow this eight-step guide for keeping your data and systems safe and secure.
Last updated April 2020 | PDF
Factsheet: Setting up your virtual office
Moving to a virtual office has become a need rather than a want for many accounting businesses. Help transition your firm by following this practical guide, which includes short-term steps for setting up your virtual office and longer-term considerations for finding a sustainable solution.
Last updated April 2020 | PDF
Data security in the age of working from home
Data security is more important than ever when you and your team are working remotely. Listen to CPA Australia’s podcast with Alan FitzGerald, Founder of Practice Connections, as he shares insights into how we can improve data security in response to COVID-19.
Recorded 1 April 2020 | Podcast
Remote working checklist
Additional risks can arise when teams start working from home. Luckily there are some simple policies, settings and tools that firms can deploy to significantly reduce their risks. In this checklist we share 11 low-cost tips for doing this.
Uploaded May 2020 | PDF
Protect your practice – audits, bans, coronavirus and data breaches
Clare Bannon, Senior Manager, Professional Standards at CPA Australia, joins Rizwan Zaidi, Territory Lead – Risk Proposition at Thomson Reuters, to highlight the risk and compliance issues for tax practitioners. They also discuss CPA Australia’s engagement with Thomson Reuters to provide high quality training content around risk, compliance and ethics.
Uploaded March 2020 | Webinar