Steps to recovery

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Disaster recovery toolkit

Steps to recovery

Once you have undertaken an initial assessment of your business following a disaster, you should take a closer look at your business before making any decisions. The following are our recommendations as to how you can review your business operations.

Assess the state of business finances

We suggest that you determine the financial position your business. This is important as:

  • there may be substantial outgoings you have to pay before you can restart, therefore you will need to assess how to fund these outgoings and whether you can afford it
  • there may be a significant period before you can restart trading and therefore you may have to rely on existing sources of cash until that time
  • it can assist in determining insurance claims, such as business interruption insurance
  • it will be a key factor in determining which direction you can take your business in the future

State of business finances checklist (DOC)