Call us on 03 9001 0878

Resource Library for Business Owners

Find the most important information you need as a business owner for dealing with Coronavirus​

LATEST:
HR Advice and Q&A with Employsure

Thursday 2 April 2020

Watch Replay

About this webinar

Stefan Kazakis hosts this Q&A with experts from Employsure – the largest provider of workplace relations services in Australia

Gwen Espie and Malcolm Chong discuss the impact coronavirus is having on small businesses and how to deal with the HR implications.

The webinar covers:

  • Coronavirus – potential impact on employees
  • Health and Safety
  • Absences
  • Stand down and stand down alternatives
  • Redundancy

About the experts

Employsure is the largest provider of workplace relations services in Australia, providing small business owners the right advice, documents, tools and protection to achieve workplace confidence.

Downloads

Cashflow Forecasting

Basic weekly cashflow forecast [Excel Spreadsheet]

This cashflow forecast will be your most important tool right now, you must be able to predict your cashflow for the next 26 weeks – this virus will affect us all in one way or another – so the best thing you can do is prepare for that! Once you have prepared your weekly cashflow forecast – you can use it as a guide to get you through the next 30/60/90 days.

How to complete your cashflow forecast: PDF

The PDF is designed to help you fill out and complete your cashflow forecast – it also explains how once you have completed your cashflow forecast, you will need to fill this out weekly so you can compare what your cashflow says to what actually happened and then make adjustments accordingly. 

Watch Video:

VIDEO: How To Create A 26 Week Cash Flow Forecast

This 13 minute video is Damien explaining specifically how to complete the cashflow forecast, using examples.

This will ensure that you understand all of the different components of the cashflow forecast and that you complete it in line with what is intended for.

Advice for Employers

Coronavirus: How to Keep Your Business Running & Bounce Back Stronger

ICS Consulting’s best insights on how businesses are succeeding during the Coronavirus crisis.

Includes ideas and links on how to prepare now for the recovery which will inevitably come

From ICS – Integrated Compliance Solutions,

Employsure Resource Hub For Employers

The FAQ And Resource Hub discusses a whole range of relevant points circulating what actions employers should be taking in different circumstances, what this means for payroll, FAQ, and the continuation of employees. There is also a “Tools for Employers” section which has different downloadable documents on processes that should be implemented throughout the crisis. 

Coronavirus shutdowns: what are your employer obligations?

What if we were to go into shutdown and all non-essential businesses were asked to close for the duration of the lockdown? Kochie’s Business Builder explains what considerations you need to make in these circumstances and where you can find information on employees “standing down” during these sorts of unprecedented conditions.

Aus Government Financial Stimulus

JobKeeper Payment - Information for Employers

Correct as at 31 March 2020

If your business has been significantly impacted by the Coronavirus you will be able to access a wages subsidy to continue paying your employees.

Under the JobKeeper program, you will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a maximum of six months. This assistance will help you keep staff and will help you restart when the crisis is over.

Australian Government: SME Guarantee Scheme

If you are in a position where you need to borrow money for cashflow purposes, then the government has implemented the SME Guarantee Scheme, this page explains the terms and conditions in which you can borrow and how much you can borrow up to. It also discusses how long you have to pay this back and when you need to begin paying this back.

Australian Government Response to the Coronavirus: Cash flow assistance for businesses

There are many initiatives that the government are taking to assist small businesses during this time – it’s hard to know what is applicable to you and what isn’t – we found this page to be very direct and helpful, the page has a range of fact sheets that give specific information on what assistance will be granted during the pandemic.

Coronavirus Government Assistance - Links to all important information

Collected by HD+Co Accounts and Business Advisors

  • Cash flow assistance for businesses
  • Providing support for retirees
  • Delivering support for business investment
  • Temporary relief for financially distressed businesses
  • Early access to superannuation
  • Supporting the flow of credit
  • Income support for individuals
  • Victorian Tax relief for eligible businesses
  • Payments to support households

JobKeeper Payment Updates from the ATO

From the Australian Tax Office

The JobKeeper payment is intended to provide wage subsidies to businesses that are significantly affected by COVID-19.

Register your interest to receive updates directly from the Government.

JobKeeper Payment Updates from the ATO

From the Australian Treasury

Download this PDF document (Supporting Businesses Fact Sheet) which explains the JobKeeper Payment for employers.

More Advice and Assistance

The Resilience Wheel: Where to focus your business in stressed or distressed conditions

From Grant Thornton

The Grant Thornton Resilience Wheel is a framework designed to help you have ‘initial’ high level ‘supportive’ conversations within your boardroom as a result of stressed/distressed operating conditions.

CommBank: Coronavirus support for business customers

Correct as at 31 March 2020

This guide, from the Commonwealth Bank, helps explain what’s on offer, to help alleviate the stress.

Google My Business Changes Due to COVID-19

There has been multiple changes made in relation to the functions available for businesses on Google My Business.

This page lists all of the changes made and what new features are now available on Google My business.

Check out the features and see what you can do to optimise your business given the current circumstances.