Coronavirus (‘COVID-19’) has exposed three issues that all of us now grapple with. These are:
- The human effect – the effect of infection and how can we minimise the spread of a contagious disease;
- The global business effect – how has restricted travel and banned entry into countries affected the global economy; and
- The effect on Australian businesses – how can we brace for impact and come out the other side.
On Friday, 13 March 2020, the World Health Organisation (WHO) reported that that more than 132,000 cases of COVID-19 had been reported from 123 countries and territories. This rapid spread with no immediate vaccine poses a threat, particularly to those who are vulnerable in the community. It is changing the way we can and should be communicating. These are trying times for all Australian businesses, but the way forward is to have a business continuity plan, implement that plan swiftly and test that plan to identify any gaps.
We are here to help – you are not alone
We have compiled a quick checklist of business matters to turn your mind to and that we are here to assist you navigate:
|Communication with Key Stakeholders
The Coleman Greig team remains ready to assist you and your business. We have adopted remote work practices where possible, but we remain contactable as usual. If you would like to discuss any aspect of this checklist or your business generally, please do not hesitate to contact a lawyer in Coleman Greig’s Commercial Advice team, who would be more than happy to assist you.