Tag Archive for: Business strategy for Corona Virus

ghost town sign in shop

When the Government Money Stops

PLUS 14 Ways to Help Your Business Cope with a Recession. Some Business Owners are Making 2 Mistakes... A lot of businesses are still surviving because of the various Government payments now being paid. However I have already seen some business owners becoming complacent about this because their Cash Flow is OK. But they are making 2 mistakes... One Mistake that I’ve Seen... They have given up marketing. ...Secondly the Government will be reviewing all of their handouts in June to “tweak” them. That could mean stopping them completely or reducing them or limiting who qualifies. This is despite them saying it would continue until September as the cost of all of this is huge. If you received the first cash boost via your BAS this month you will automatically get the balance after you lodge your June and September BAS...