COVID-19

The new normal

We are rapidly becoming accustom to the strange new world of lockdown and what this means for our families. Every business in New Zealand is affected by COVID-19 in one way or another and we are all challenged to find our way in the "new normal". Here at Acudio, we continue to work remotely from our home offices and are able to provide timely ongoing service via phone, email, Microsoft Teams and Zoom to help you through this challenging time.

Cashflow

For many of you, the most immediate issue is cashflow. We recommend working on a shorter term, rolling 3 month outlook and have developed a number of tools to help you with this process. The government has also made available a number of great assistance packages. Please contact us for help to determine what financial support you need and how to apply for it.

Planning

Now is the time to start planning how your business will come out of the lockdown and how it will look post COVID-19. It is certain many businesses will be very different in the new environment. Supply chain disruption will be ongoing. Adapt your business strategy to sustain continuity in the short-term. Look where you can build resilience and implement revised strategies to embrace opportunities that arise as the world emerges from the crisis.

Government resources and information

Here are the key official websites providing information during the pandemic:

Work and Income. https://workandincome.govt.nz/eligibility/emergencies/2020/coronavirus.html

MBIE https://business.govt.nz/covid-19

Inland Revenue https://www.ird.govt.nz/covid19

Govt Covid-19 response https://covid19.govt.nz

We are here to help you, contact us if you have any accounting issues, business planning or investments that you think may be affected by COVID-19 restrictions.