Business Continuity & Business Recovery Planning

Below are business continuity and recovery service outlines which are our key service offerings available to assist clients during this difficult time. 

The Business Continuity Planning Session

 These are unprecedented times for businesses and their people.  Our facilitated business continuity planning service provides clients with accurate and logical advice to help minimise the impact the Covid-19 pandemic will have on their business.

This service is designed to support our clients in developing a plan to get through the coming months.  A Business Continuity Plan helps identify the actions to take to prepare for the impact of Covid-19; to maximise entitlements to Government and other support and minimise the downstream impact of a downturn in business.

The approach to developing the plan is collaborative and involves pre-work, either one 4-hour or two 2-hour on-line facilitated planning sessions and developing a plan to implement.  The service is designed for business owners to ensure they build resilience, preserve profitability, cash flow and employment for their team and survive through this difficult time.

The Business Continuity Plan Review

We understand that many business owners will want to develop their own plans in these unprecedented times.  The Business Continuity Plan review allows business owners to use our guide and templates to create their draft Business Continuity Plan and then meet with us online for 90-minutes to review and finalise it.  The review service ensures clients are provided with accurate and logical advice to help minimise the impact the Covid-19 pandemic on their business.

A Business Continuity Plan Review provides accountability and support to identify the actions to take to prepare for the impact of Covid-19; to maximise entitlements to Government and other support and minimise the downstream impact of a downturn in business.

The approach to developing the plan is collaborative and involves pre-work, supplying a plan template and guide for the client to prepare their first draft plan and then a 90-minute on-line meeting to finalise the plan in order to begin implementing it.  The service is designed for business owners to ensure they build resilience, preserve profitability, cash flow and employment for their team and survive through this difficult time.

Benefits of Developing Your Business Continuity Plan

Help with building resilience in your team and family at this time

• Access support during these unprecedented times
• Outline the things you should consider now to minimise the impact on your business
• Maximise opportunities to preserve your cash flow and profitability
• Get peace of mind that you are receiving all the government assistance you’re entitled to
• Clarity on the assistance your business should obtain from your bank, financiers, suppliers and the tax department
• Create a roadmap for dealing with employment issues
• Clarify a process for looking after your customers and preserving income from them
• Explore all options to pivot your business strategy in these challenging times
• In the worst-case scenario, certainty about whether your business can continue
• A plan to preserve the value of your assets and your wealth as much as possible
• Access to best practice, combining your expertise with ours
• Reassurance that you’ve done all you can to minimise the impact Covid-19 will have on your business, your family and your team. 

Business Recovery Planning

Every business has been impacted in some way by the Covid-19 crisis.  Our facilitated Business Recovery Planning service helps clients reset the future of their business by reviewing their responses and assessing the true impact on their business, then setting realistic goals to strengthen every department.

The approach to developing the plan is collaborative and involves the client completing comprehensive pre-work and risk analysis to identify both the overall impact and the impact within each department.  We’ll facilitate a four-hour online planning session, which may be broken into two two-hour sessions, to develop the client’s Business Recovery Plan.

The Business Recovery Plan documents a high-level budget, details of necessary recovery finance, key opportunities and vulnerabilities, most critical challenges, risks and mitigation strategies, and annual and 90-day goals and actions.  It is designed for business owners to ensure their business has the best chance of recovery.

Business Recovery Planning and Finance Application

Many clients will require a detailed finance application as well as a Business Recovery Plan.  The finance application will include a 3-way forecast of profit and loss, cash flow and balance sheet on a month by month basis for the next 12-months.  We’ll work alongside our clients to put together the finance application, including the most recent annual financial statements or management accounts, the Business Recovery Plan, forecast, and details of finance required.

This service is designed for businesses that require additional financial support from either the bank or the government to trade through the adverse impacts of Covid-19.