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5 things you can do right now to protect your business in the current economic climate

5 things you can do right now to protect your business in the current economic climate

 It is important to take measures to protect your business to get through our current economic issues. Here are five things you can do right now, if you haven’t already.

1. Develop an action plan

Your plan should be detailed and answer the following questions:

  • How will you protect your employees?
  • How will you handle an outbreak in your workplace?
  • How are you and your employees going to communicate any emergencies?
  • If you do suffer an outbreak, what will happen to business operations?


2. Make sure you are communicating regularly with all employees

To reduce unnecessary panic and stress, don’t keep your employees in the dark. Let them know what’s going on and what your plan is.Ensure to communicate with them daily with any updates you may have, and encourage them to ask questions.

3. Decide if it’s possible for your staff to work from home, and if so, what is the policy?

If working from home is possible for you and your staff, you will need to decide when and if you will enforce it. You may decide to keep running business until any formal lock downs are put in place by the government. If you do decide to keep running business as normal, make sure you consider step 4 in detail.

If you make the decision to work from home, ensure you have a policy in place so that staff know exactly what they can and cannot do at home. Ensure that employees have access to a computer, phone and internet.

4. Take a good look at your cleaning procedures and make changes if necessary.

Simple changes like encouraging staff to wash their hands every day, increasing how often your business is cleaned and stocking up on disinfectants and hand sanitisers (where possible) can reduce the risk of outbreak in your office. You should also be strict in not letting staff who are unwell come into work.

5. If you are suffering financially, seek Government assistance

Every day the Government are working to provide assistance to businesses and individuals who are suffering financially due to the outbreak. Check out business.qld.gov.au or treasury.gov.au for information on what’s available.


Remember we are here to help so don’t hesitate to contact our office today if you are feeling overwhelmed or need help with any of the steps above.

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