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With floods in Victoria, NSW and especially in Queensland, fires in WA and cyclones in Queensland, we are experiencing natural disasters across Australia.
Aside from any emotional reactions and personal needs, this is clearly a time to prepare our businesses for the worst. For those in affected and threatened areas, you may not have the time or energy to do much now but I believe the rest of us should take this time to protect our businesses so we can stay strong to help those who are loosing so much.
To help you prepare, here are some previous blog posts where I have written about contingency plans and actions:
Following on from my posts about identifying and protecting the essential elements of your business, another way to prepare for the unexpected is to reduce how much your business relies on you.
Here are some ways to reduce that reliance:
As part of your contingency preparations, there are a few related tings yo can do:
It is now June and the end of financial year is rapidly approaching – are you ready for it?
Here are some of the things I am considering at the moment to maximise my position at 30 June. Is there anything else you do at this time of year?
By preparing now, you may decrease your tax liability and be ready to start the new financial year with a clean slate.
Can you believe I just received an email about Christmas? And it’s only mid March!
Ok, it was a request to fill in a survey about Christmas in your business – a survey where the answers will be used to provide information to magazine readers preparing for Christmas. So it is reasonable to mention Christmas this early, but it still shocked me!
But it does raise the question – how soon do you plan for major events in your business? Not just Christmas, but Easter, change of seasons, new financial year, awareness weeks and so on that are relevant to your business in some way.
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