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
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