Many small business owners have or are soon to make the devastating decision to either close their business permanently or ‘hibernate’ in the hope they can reopen their business after the COVID-19 risk has passed. The government is encouraging business owners to hibernate for the next 3-6 months (estimate), and most of their incentives are for those businesses who remain ‘active’.
If your business had a healthy turnover prior to COVID-19, it’s worth exploring the options available to you now, so that you can reopen when the time comes.
Fact sheet
COVID-19 Small Business Government Initiatives
Fact sheet
COVID-19 Small Business Bank Initiatives
Fact sheet
JobKeeper payment - Information for Employees
Fact sheet
JobKeeper Payment - Information for Employers
Fact sheet
JobKeeper Payment - Supporting businesses to retain jobs