Taking stock of your business
Content Summary
Once you have assessed the damage to your business and taken initial steps to recover, it’s time to evaluate how it was operating before the disaster. Evaluating the financial and operational position of your business will provide insight for your recovery plans.
These are our recommended activities to evaluate the health of your business.
- Reconstruct your financial records
- Determine your financial position
- Analyse the financial health of your business (see pages 23 – 25)
- Business evaluation (see page 13)
- Market evaluation (see page 14)
- Reality check
- Exiting your business
- Managing business risks in the recovery
- Tax issues associated with a natural disaster
Discover more
MY FIRM. MY FUTURE. eLearning
Online learning modules teach how to build a sustainable business and prepare for future challenges
- Business management
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You should try to understand any substantial market changes when developing your recovery plan
- Business management
Business management
Advice, tools and research to help your business through good and tough times
- Business management
Risk and treasury
Guides and information about the management of treasury risk
- Business management
Accounting support for farming businesses
Equip yourself with knowledge and resources to help you better support farming businesses
- Business management
Your membership in retirement
When you retire from professional practice you can still enjoy benefits through your membership
- Business management