Final week – How will your business recover post Covid-19

There’s no doubt that 2020 has been one of the most challenging years for Australians.

And it’s true. This year has asked more of us – taken more from us – than any year, ever.

But 2020 has also proven, without doubt, the incredible courage of Australians.

We have found it in ourselves to stay the course. And as a country – millions strong – we are defeating this virus.

We know the roadmap out is going to take some time and we encourage all our business clients to concentrate on the three critical actions during the recovery phase.  Reflect, Restart, and Revitalise.

These actions can help businesses to bridge the crisis response to a successful future, by laying the foundation to thrive in the aftermath of the crisis.

Welcome to the final week of ‘How will your business recover post Covid-19’? where we focus on the final 3 topics in our series.  Identifying your technology needs to meet your business plan.  Rethink and reconfigure your workplace.  Important steps to business recovery.

As is the case with all the information that we deliver, if you missed the previous weeks you can still catch up by clicking on the links below;

Week 1 – Determine your financial position and financial health

Week 2 – Determine your immediate cash flow commitments

Week 3 – Evaluate the state of your business operations and how your market has changed

Week 4 – Reconsidering your suppliers and reviewing your business model and long-term goals

Week 5 – Identifying restructuring, disposal, and merger and aquisition opportunities.  Reviewing your business strategies and establishing a new business plan

Week 6 – Can you afford your Post-Covid-19 Business Plan?  Building on lessons learned during the Covid-19 crisis to improve business performance.

Week 6 – How will your business recover post Covid-19

The pandemic has accelerated the pace of change in the business world.  Business leaders are adapting to operate in an ever-evolving landscape where the only certainty is change.  

If recent experiences has taught us anything it is that a spirit of resilience and the ability to adapt are keys to operating in the new normal.

Welcome to week 6 of ‘How will your business recover post Covid-19’? where we focus on 2 topics.  Can you afford your post Covid-19 Business Plan?  As well as building on lessons learned during the Covid-19 crisis to improve business performance.

Week 6 – Can you afford your Post-Covid-19 Business Plan? 

Building on lessons learned during the Covid-19 crisis to improve business performance.

As is the case with all the information that we deliver, if you missed the previous weeks you can still catch up by clicking on the links below;

Week 1 – Determine your financial position and financial health

Week 2 – Determine your immediate cash flow commitments

Week 3 – Evaluate the state of your business operations and how your market has changed

Week 4 – Reconsidering your suppliers and reviewing your business model and long-term goals

Week 5 – Identifying restructuring, disposal, and merger and aquisition opportunities.  Reviewing your business strategies and establishing a new business plan

Don’t miss next week where we will focus on our final 3 topics in our series.

Firstly identifying your technology needs to meet your new business plan.  Secondly rethinking and reconfiguring your workplace and finally we wrap up the series with other important steps to business recovery.

Week 5 – How will your business recover post Covid-19

Welcome to week 5 of ‘How will your business recover post Covid-19’?  Whether you’re a fashion retailer, a fast-food chain or any other business looking to remain relevant to your customers, adjusting your operation to match what’s going on is key to weathering the storm.

This week we take a look at identifying restructuring, disposal, and merger and acquisition opportunities as well as reviewing your business strategies and establishing a new business plan.

Week 5 – Identifying restructuring, disposal, and merger and acquisition opportunities.  Reviewing your business strategies and establishing a new business plan.

As is the case with all the information that we deliver, if you missed the previous weeks you can still catch up by clicking on the links below;

Week 1 – Determine your financial position and financial health
Week 2 – Determine your immediate cash flow commitments
Week 3 – Evaluate the state of your business operations and how your market has changed
Week 4 – Reconsidering your suppliers and reviewing your business model and long-term goals

Don’t miss next week’s topics where we will focus on the question of can you afford your post-Covis-19 business plan and building on lessons learned during the Covid-19 crisis to improve business performance

Week 4 – How will your business recover post Covid-19?

Welcome to week 4 of ‘How will your business recover post Covid-19? Small businesses around the country are fighting for their survival as the bleak economic impact of the Covid-19 pandemic begins to bite. Now more than ever it’s important to take the opportunity to understand these important tips and strategies that you can apply to your business moving forward.

This week we take a look at reconsidering your suppliers and reviewing your business model and long-term goals.

Week 4 – Reconsidering your suppliers and reviewing your business model and long-term goals.

As is the case with all the information that we deliver, if you missed the last few topics you can still catch up by clicking on the links below;

Week 1 – Determine your financial position and financial health
Week 2 – Determine your immediate cash flow commitments
Week 3 – Evaluate the state of your business operations and how your market has changed

Don’t miss next week’s topics where we will focus on reconsidering your motivations for being in business plus identifying restructuring, disposal and merger and acquisition opportunities

Week 3 – How will your business recover post Covid-19

Welcome to week 3 of ‘How will your business recover post Covid-19?  As many Victorians soldier on through Stage 4 restrictions, we continue to find ourselves in uncharted waters.  Now more than ever we want to be able to provide you with some valuable tips to help your business weather this challenging storm.

This week we take a look at evaluating the state of your business operations and how your market has changed.

Week 3 – Evaluate the state of your business operations and how your market has changed

As is the case with all the information that we deliver, if you missed the last few topics you can still catch up by clicking on the links below;

Week 1 – Determine your financial position and financial health

Week 2 – Determine your immediate cash flow commitments

Don’t miss next week’s topics where we will focus on Reconsidering your suppliers and reviewing your business model and long-term goals

Week 2 – How will your business recover post Covid-19

Last week we commenced week 1 of our 13 part series on  ‘How your business will recover post Covid-19.”

Each week we will provide tips and checklists to assist you with your business recovery process.  As mentioned last week an evaluation of how your business was operating before the crisis will help you take stock and understand your operations to give you a clear picture of where to start in the recovery process. 

This week we take a look at Determining your immediate cash flow commitments.

Week 2 – Determine your immediate cash flow commitments.

Missed week 1? Don’t worry simply click on the link below;

Week 1 – Determine your financial position and financial health

Don’t miss next week’s topics where we will focus on evaluating the state of your business operations and how your market has changed.

How will your business recover post Covid-19

The COVID-19 outbreak has impacted, and continues to impact, businesses in different ways, ranging from minimal to existential threat.  Several scenarios exist for what the post-COVID19 “normal” will look like. The current experience has no doubt reshaped business practices and consumer behaviour, many of which will lead to some permanent changes. What those changes will be, time will tell. 


Evaluating how you believe your market will operate post-COVID 19 will help you determine what products and services you should be offering – whether you continue with the same offerings, or need to adapt or pivot in line with expected changes in consumer preferences and behaviours.

An evaluation of how your business was operating before the crisis will help you take stock and understand your operations to give you a clear picture of where to start in the recovery process. 

During the recovery phase many questions will be asked of the business so the team at Sage Business Group have put together a 13 part series of tips to assist you with your business recovery process.  This week we focus on your financial position and financial health.

Week 1 – Determine your financial position and financial heath

Don’t miss next week where we focus on your immediate cash flow commitments

Ten tips to boost efficiency while working from home.

Almost everyone could do with some working from home tips at this point. After months of working remotely, what was once viewed as a luxury for some of us may now be viewed as a tedious routine. 

According to recent findings from Microsoft’s work-from-home-study, which asked more than 350 employees to share their experiences while working from home, many employees are now working longer hours, although team meetings have become shorter.

Whatever your set up at home, there are pros and cons to working at home. As time wears on, staying alert, focused and efficient may be more of a challenge as your professional and personal life become fluid.

Here are 10 working from home tips to boost efficiency:

  1. Get dressed
  2. Make up a new morning commute
  3. Write down a (realistic) to-do list and stick to it 
  4. Keep your daily coffee and water-cooler chats 
  5. Have one dedicated workspace 
  6. Move around in short small bursts 
  7. Prep what you can 
  8. Set boundaries
  9. Don’t work more or less 
  10. Reward consistency

Read more

When it comes to business, we firmly believe that education is the key to success and sustainability

As we head towards our final week in our 6 week Hume webinar series of Working ON your business, not IN your business, we wanted to share with you some really pivotal moments during our sessions;

What constitutes strong business foundations
The above the line, below the line principle
The Law of results
How to develop a successful organisation structure – The Ten Hats model
Live demonstrations on cash flows and budgets

These are just SOME of the key messages we touched on so we really encourage you, if you haven’t already done so, to please take the opportunity to visit all of our webinar recordings via the links below.

Week 1 – https://bit.ly/2Cf2Vlv
Week 2 – https://bit.ly/3j4A6c7
Week 3 – https://bit.ly/3j6aU5d
Week 4 – https://bit.ly/2Zt9olz
Week 5 – https://bit.ly/2CbPtip

There is still time to register for our final webinar scheduled for Wednesday 22nd July at 10am.
If you would like to join us please click on the link below.

https://www.sagegroup.com.au/events-seminars-1/working-on-your-business-not-in-it-sage-business-group

Stay safe,

– the team at Sage Business Group

Why tax planning is still important in the age of Covid-19

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With everything we have been through in the last few weeks and months, it is hard to believe that the end of the financial year is less than 1 month away.  Like every year, there are important tax planning opportunities and matters to consider in the lead-up to 30 June.  This year, some important Stimulus matters also need to be considered in the context of year-end tax planning.

To find out how these may affect you please click on the link below –

Tax minimisation for small business.

Photography 10