Business After Coronavirus: Getting Back In The Swing
This is a bit of an uncertain time in both our business and personal parts of life. Many of us are hanging on to our business and financial stability by the skin of our teeth, with compromises and sacrifices being made left, right and centre to keep the wheels turning. In a time when so many of our circumstances are out of our control, we have to focus on what is within our control - the parts of life that we can directly ensure run as smoothly as possible. So, how can you re-establish and strengthen your business after coronavirus?
There is a term for businesses concerning our role when it comes to the wellbeing of others. It is known as “corporate social responsibility”. It is an ethic that businesses such as Bonded NZ keep at the forefront of our minds at all times, but especially so during times of crisis. Those of us who are in more stable positions can and should employ tactics in order to help our struggling whanau to keep afloat. That’s why we have put this article together - to give all our peers a helping hand where we can!
How Can We Help?
There are many ways that we can help support your business after coronavirus’ impact on Kiwi businesses nationwide:
Do you want us to promote you to our network? Do you have any specials/promotions that you want us to broadcast?
If you have a product or service that we can feature throughout our network, we are more than happy to assist you in this way. We’re equally happy to give you some love if you’re wanting to boost a special or promotion for your business.
Is there a certain type of business/industry that we can help you connect with?
Business knows business! If you’re struggling to get in touch with someone you need, see if we can work our magic to make those connections. Let us work our network to help you out!
What can we do to help get your business going again?
If you have any queries about ways in which we can help garner support for your business, please feel free to get in touch. We want to help in any way we can.
We are aware of this support currently available.
Due to COVID-19, special funding has been approved by the government to assist businesses with the changes and challenges of the lockdown on your business.
What is on offer? - Up to $5,000.00 in funding - No co-funding required. This can be used for a variety of services including marketing and digital enablement services. Speak to us if you want to be introduced to a professional in this area.
Now Is The Time To Check Your Safety Net
It may not surprise you to think that this is probably going to be one of the most demanding and stressful few years of our lives, particularly for those affected not only by the health-focused but also economically impacted areas as a result of COVID-19. It’s really important to remember that now is an ideal (if not the most important) time to look at the structure of your insurance and financial programs to check they are set up correctly. Nothing is more important than ensuring your life and the lives of those immediately surrounding you are safe from the number of difficult circumstances that could be headed right your way.
Do you have the right limits and covers in place for your insurance?
There’s nothing worse in an insurance setting than paying into your cover for years and years, believing that certain circumstances are going to be taken care of in the event of disaster, only to have it all blow up in your face on a technicality or limit in your paperwork. ESPECIALLY when a slight amendment over the phone could make the difference! Take this time to check over your policies and what they entail for ALL your insurance cover, and make sure everything you need is on the radar!
Do you have the right life/health insurance in place?
Sometimes our circumstances change throughout life. The only time this can prove a real problem at an insurance capacity is when those changes are not reflected in your safety net. It’s really important to know that your cover is up to date with any major changes in your life that could affect any policies.
Are your lawyers/accountants/advisors the right people for your business?
There's no such thing as a one size fits all advisor when it comes to the various nuances of life you need to cover. Make sure the right people are looking after you - you may need a host of specialists according to your needs.
Do you have the right capital & finance structures in place?
One of the worst things that can happen, especially when you have such a solid infrastructure elsewhere in your life, is for the finances to fall apart. They say money makes the world go round, and unfortunately they're right - make sure you're stable for when the worst happens.
So there you have it - a checklist to make sure your boxes are being ticked and everything is covered no matter the circumstances! Make sure you consider Bonded NZ Ltd to help you get life in order for the most turbulent of circumstances.
If anyone has any questions then please get in touch. You can view our contact details here.