What do you do when everyone hits the panic button? Right now everyone is reeling from the uncertainty created by the recent bush fires and the Corona virus COVID 19 outbreak. The stock market is sinking, people are panic buying toilet paper and events are being cancelled everyday. The net effect is that the Government is expecting us to go into economic recession (negative growth) for the first time since 1991 and many small businesses and business owners have never traded through a recession.
We decided to produce a short video with some tips that may help or at least inspire some thinking for small business owners. Have a watch and feel free to contact us for any assistance.
It might also be worth watching our related video on how to maximise the recently announced $25,000 tax free bonus payment for small business – see here www.360partners.com.au/small-business-stimulus-package
