Covid-19 Support Packages

We have put together a selection of Covid-19 Support Packages specifically designed to help businesses navigate through these uncertain times.

We are currently offering support packages in the 4 following areas:

Businesses may be eligible for support under the COVID-19 Business Advisory Fund for the services listed below. Find out more by visiting www.regionalbusinesspartners.co.nz

Questions about our Covid-19 Support Packages? Get in touch and we’ll be happy to help.

Business Recovery Planning

Our facilitated Business Recovery Planning service helps clients reset the future of their business by reviewing their response 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.

Delivery

All communication is undertaken electronically and the final meeting will be conducted online.

Customer Time Commitment

One to Two hours during preparation stage
Four hour Planning Session

Covid-19 Cashflow Forecasting

Why we developed this service

Cashflow planning is best practice in any business and critical to survival. Setting cashflow targets and regularly monitoring your actual cashflow against your forecast will enable you to manage your business better.

This is currently more critical than normal with the high levels of uncertainty surrounding many businesses and their cashflow at this time. If are you not sure whether you can meet your obligations this month, next month or at any time during the next 12 months then you need a cashflow forecast with scenarios.

A cashflow forecast with scenarios is fundamental as every business owner needs an understanding of cash and liquidity for better decision making during these unprecedented times. Recognising the difference between profit and cash, and the impact improving your Cash Conversion Cycle will have on your business is essential to managing your business in the coming months.

Benefits of Cashflow Forecasting

Provides peace of mind that your cashflow needs are known and properly funded
Gives you an understanding of cash and liquidity for better decision making
Helps you understand the key cashflow drivers and the Cash Conversion Cycle in your business
Enables you to predict and plan for large cash outflows
Teaches you how to monitor your actual cashflow against forecast in your accounting or reporting software
Improves business processes that maximise cashflow, and profit

What’s Involved?

We work with you throughout the preparation process of the Cashflow Forecast with up to two scenarios including a one hour Cashflow Forecast Review meeting with you to discuss and finalise the Forecast.

Delivery

All communication is undertaken electronically and the final meeting will be conducted online.

Customer Time Commitment

One to Two hours during preparation stage
One hour final meeting

Covid-19 Financial Awareness

Our Financial Awareness service helps clients manage their way through the financial impacts of Covid-19 during the coming months.

We have developed this service to enable business owners to fully understand and interpret their numbers, so they have a strong foundation to navigate through these uncertain times.

Covid-19 Financial Awareness Training is a four month programme.

You will attend a one hour online meeting with us every month to discuss your financial results, and projected future cashflows (ideally you will have completed our Covid-19 Cashflow Forecast service prior to commencement of the Financial Awareness plan but it is not essential).

The focus of each meeting will change and progress depending on your needs.

Client Commitment

30 minutes per month of pre-work
One hour online session per month

Delivery

Four one hour online sessions spread over four months

Business Continuity Plan

Why we developed this service

These are unprecedented times for businesses and their people. We want to provide you with accurate and logical advice to help you minimise the ongoing impact the Covid-19 pandemic will have on your business.

We’re here to support our clients to develop a plan to get through the coming months.

We’ve developed a Business Continuity Planning service to help you identify the actions you need to take to prepare your business for the ongoing impact of Covid-19. Part of the plan is ensuring you maximise your Government entitlements and other support to minimise the downstream impact of a downturn in business.

Who should undertake this service?

Every business should have a plan in place to prepare for the impact Covid-19 is having. We can advise you on your government entitlements, how to preserve profitability and cashflow, and help you identify key areas of your business to focus on.

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 ongoing impact on your business
Maximise opportunities to preserve your cashflow 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 practise, combining your expertise with ours
Reassurance that you’ve done all you can to minimise the impact Covid-19 is having on your business, your family and your team

What’s Involved?

We understand business owners are feeling overwhelmed at the moment, so we’re offering the following service options to support our clients to develop their Business Continuity Plan:

We can meet with you online to create your Business Continuity Plan in a collaborative approach, bringing together your operational knowledge and our financial acumen.
You can draft your Business Continuity Plan and we can meet online to review and finalise your plan.
You can use our Template and Guide to create your Business Continuity Plan yourself.

When should I begin?

You should take steps now to prepare for the ongoing impact the Covid-19 pandemic will have on your business.

Doing nothing is simply not an option.

Covid-19 Support Packages

Business Recovery Planning

Delivery

Customer Time Commitment

Covid-19 Cashflow Forecasting

Why we developed this service

Benefits of Cashflow Forecasting

What’s Involved?

Delivery

Customer Time Commitment

Covid-19 Financial Awareness

Client Commitment

Delivery

Business Continuity Plan

Why we developed this service

Who should undertake this service?

Benefits of Developing your Business Continuity Plan

What’s Involved?

When should I begin?

Drumm Nevatt
& Associates Limited

Quick Links

Our Partners

Covid-19 Support Packages

Business Recovery Planning

Delivery

Customer Time Commitment

Covid-19 Cashflow Forecasting

Why we developed this service

Benefits of Cashflow Forecasting

What’s Involved?

Delivery

Customer Time Commitment

Covid-19 Financial Awareness

Client Commitment

Delivery

Business Continuity Plan

Why we developed this service

Who should undertake this service?

Benefits of Developing your Business Continuity Plan

What’s Involved?

When should I begin?

Drumm Nevatt & Associates Limited

Quick Links

Our Partners

Drumm Nevatt
& Associates Limited