Is your business still viable?

Can your business recover?

You may need to work out whether your business is still viable. You can do this by:

  • Talking to your accountant

  • Use the Australian Taxation Office’s business viability assessment tool

Following the devastation caused by the bushfires, you may need to update your business plan.

An updated plan:

 

  • will give you a clearer idea of the way ahead; 

 

  • may be required to show creditors that with their ongoing support your business is still viable in the longer term. The business.gov.au website has a detailed guide on how to write a Business Plan.

 

  • may also be required if you are preparing to apply for a Bushfire Recovery grant or concessional loan from the government. 

1800 413 828