During these uncertain times we are committed to ensuring our dedicated team and clients are safe and as always, we are providing the most up to date and relevant information to our clients.
While we are no longer conducting face-to-face meetings, and our team are working from home, we are fully equipped with the latest technology and tools to help our team assist our clients as if we were in the office.
As the situation evolves, be assured we have our finger on the pulse and we are here to help navigate what this means for our clients and their businesses.
You can find all the latest updates on our COVID-19 blog and follow our Facebook page for more information.
Some points to consider:
- Government Stimulus Programs have been released in various jurisdictions to benefit small business owners, veterans, the unemployed and other groups. The provisions of these programs (and associated processes) are evolving as the situation develops. You may be a beneficiary under these programs.
- Running Your Business: Your industry, market, regulatory environment and other factors will influence what you need to do. Change in demand for your products, unpredictable supply chains, altered working conditions and reduced access to debt may impact you. We are seeing businesses that are dramatically affected and those which are unaffected. Some businesses are finding opportunities and will be strengthened through these events. Identify the risks and opportunities you are facing and take appropriate steps.
- Personal Affairs: Be aware that these events will affect businesses and also the individuals within them. Some will be subject to travel restrictions, stock market volatility or concerns for the well-being or vulnerable friends and family. Employers should be sensitive to this in the course of business decision-making.
- An Opportunity to Reflect: Dramatic events prompt us to look critically at our situation and take care of our affairs which we may have neglected. Wills, succession planning and asset protection are a good starting point. Who do you depend upon and who depends upon you? What needs to happen to strengthen these relationships? We can help you navigate this.
- Thinking Long-Term: While many people will think tactically and short term, this may be an opportunity to set longer-term goals ... and get ahead of the competition.
- Access to Information: There are many sources of information but, unfortunately, some are not credible. Try to eliminate the 'noise'. It is unlikely that the decisions you need to make require minute by minute updates on 'breaking news'. Important news will find you... so use the 'in-between time' to strengthen your business and personal affairs.
There are going to be some tough times ahead but working through it together one step at a time we will come out the other side stronger.
Please be patient and kind to each other in these uncertain times.