What steps to recovery can my business take after the bushfire?

January 22, 2020

According to CPA Australia’s Disaster Recovery Toolkit, once your business has undertaken an initial assessment, there are 6 major categories to review.

  1. Assess the state of business finances
  2. Reconstruct your financial records
  3. Analyse the financial health of your business
  4. Asses tax issues associated
  5. Evaluate your market
  6. Evaluate how your business was running before the fire
  7. Evaluate whether your business needs to exit

This is an excerpt from CPA Australia’s Disaster Recovery Toolkit, for more information, download the toolkit below.

About RE:NSW

In response to both the global COVID-19 pandemic and recent bushfire disaster, there are a range of resources being distributed by a variety of local, state and national organisations. Destination Southern NSW and Destination Sydney Surrounds South are gathering this information together on RE:NSW to assist tourism operators to respond, recover and renew their businesses and local tourism region during and after the impact of these events.