Home topics finance finance-cash-flow Cashflow News Cashflow 10 top tips for getting your business back on its feet David Hechter April 15, 2011 Australasians have one thing on their minds when it comes to remembering the 2010/11 summer – natural disasters. It has been a truly heartbreaking and soul destroying time for us, especially those in Queensland, Victoria, Western Australia, New Zealand and of course Japan. Cyclone Yasi, intense floods, bushfires and earthquakes have absolutely ravished whole communities, smashing their infrastructure and townships, not to mention the tragic loss of life they’ve caused. It really is a time to mourn, but for many the time has also come to move forward and rebuild their homes, workplaces and businesses – be it physically or strategically. It is times like this when SMEs could use a helping hand. Bringing a business back from the devastation of an unforeseen event is not an easy job. The following tips will provide some guidance, both for Aussie SMEs beginning the business rebuilding journey and for all businesses on how to be prepared for the unexpected. 1. Insurance – speak with your insurance broker or insurance provider about what can be claimed based on the damage to both physical property or if there is business interruption as part of the policy. 2. You never know when disaster will strike – always back up your records and keep the back-up in a safe place (online storage is a good option). 3. No one wants to think disaster
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