Taking stock of your business
Content Summary
Once you have assessed the damage to your business and taken initial steps to recover, it’s time to evaluate how it was operating before the disaster. Evaluating the financial and operational position of your business will provide insight for your recovery plans.
These are our recommended activities to evaluate the health of your business.
- Reconstruct your financial records
- Determine your financial position
- Analyse the financial health of your business (see pages 23 – 25)
- Business evaluation (see page 13)
- Market evaluation (see page 14)
- Reality check
- Exiting your business
- Managing business risks in the recovery
- Tax issues associated with a natural disaster
Discover more
Cautious lenders equal tough times for SMEs
Taking on debt or equity is viable but the cause of cash flow problems needs identifying
- Business management
article·Published onShareholder agreement key to avoiding family business disputes
Why accountants are in a good position to help protect clients from drawn-out disputes
- Business management
article·Published onModernising business registers: what it means for directors
13 April 2022 | Understand how the Australian Government is bringing business registers up to date
- Business management
Published on15 min read timeIs the time for business support over?
7 February 2022 | Should business support be included in the federal budget?
- Business management
Published on15 min read timeFranchising under scrutiny
Due diligence is essential. Before a client buys into a franchise model, advisers play a key role
- Business management
article·Published onMY FIRM. MY FUTURE. eLearning
Online learning modules teach how to build a sustainable business and prepare for future challenges
- Business management