Posted: 06 March 2020
Grants/Special Loans Can Assist Businesses to Survive in Difficult Times
Accountant's Minute 221
Most businesses in Australia are now operating within “difficult times”. We seem to have had one crisis after another relating to droughts, bush fires, floods, cyclones, and now the Corona virus!
There is significant uncertainty as to what the outcome of these events particularly the Corona virus is going to be.
These difficult times affect all types of businesses – small, medium-sized and large businesses, miners and exporters together with farmers, fishermen, tourist operators including accommodation, restaurants and cafés, bars and nightclubs
Farmers have also been caught up in the ongoing problems whether they are fruit and vegetable growers, producers of beef cattle, lambs, pigs and dairy cattle for milk.
Universities and some private schools are also suffering as are accommodation and food outlets near universities.
Pharmaceutical suppliers have also been affected by problems caused by the Coronavirus in overseas countries.
The Australian, State and Territory Governments have reacted swiftly to the problems that are occurring for businesses, farmers, fishermen, and others by releasing a range of grants and special loan packages to assist businesses during these difficult times.
This week we are launching our new product package “Survival in Difficult Times”.
In the first installment of “Survival in Difficult Times” which we believe will assist accountants, business advisers and bookkeepers to deliver a range of business support services for your clients, we have concentrated on the grants and special loans for primary producers and small business operators that governments all around Australia are now providing.
You can obtain more information on the grants and loans that are available to assist businesses survive in these difficult times from “Want to Know More?”
I invite you to listen to the Accountants Minute Video which will give you more details on the assistance packages and loans that are available from the Australian and State and Territory governments which we are confident will assist you to provide services to assist your clients during this very difficult period.
If you have a friend or colleague who you think might find this article interesting, please forward it to them.
Have a Great Day!
