The economic impacts of the coronavirus are significant for many of us in the Kiwi business community. But we can adapt, develop resilience and find new opportunities. Let us show you how.
As a business owner, startup founder or senior leader in a New Zealand business, you can reach out to the team for support with connections, advice and introductions.
We are actively connecting the New Zealand business community together through:
You can also reach out to any of our dedicated emergency contacts directly for any urgent assistance by email or LinkedIn message:
At The Icehouse we've always believed that our community does best when we pull together. There are several practical ways that we are responding to the virus and the associated economic impact:
Business owners and leaders are consistently adapting to the ever changing needs of the market and their business at the various stages of maturity. Things are moving fast and the economic impact of coronavirus will flow through the economy. Kiwi entrepreneurs are resourceful and by working together we will find a way to survive and thrive.
We are currently exploring options to provide large format events online for conferences, investment evenings and community events. Our technology team is working to provide online experiences that support your business growth and development.
Subscribe and stay tuned for updates.
Business Continuity Action Planning
Review of your current business position in light of Covid-19 crisis – what is your current reality
Create contingency plans / scenario plans to help businesses get through next few months and build their teams readiness and resilience to cope during a crisis. E.g. delegated decision making if a business owner is incapacitated or unable to undertake normal business tasks such as payroll, who is authorised to do this?
Document a 90 day action plan that focuses your business on the important things that you can control and influence in your business during times of uncertainty
Utilising Virtual Workforce management tools to keep your business going
How to choose and set up Remote working tools / tech platforms to communicate internally and externally with remote workforces, customers and suppliers.
Digital Enablement Strategy
Create a vision for your digital transformation
Assess current digital capability and identify gaps
Leverage your lockdown learning and crisis response
Identify relevant platforms and ecosystems such as CRM, ecommerce and digital marketing
Identify talent and resource needs and potential sources
Create a digital plan including prioritised actions to build capability
Upskill on digital tools such as video conferencing, content management and social media
Establish metrics and performance measures
Get your business financially fit to survive
Triage current business financial position
High level financial analysis of key numbers like free cash flow, payroll, accounts receivable / payable
Review business process to ensure you are invoicing promptly and chasing up early
Review terms of trade for casual / new jobs to same day / next day payment
How to defer non-essential business spend
How to approach your bank for financial support, information gathering
Financing options – debt facilities
HR
Marketing Strategy
Review and refresh marketing strategy to improve agility in uncertainty
Review and refresh brand and positioning
Evaluate current and potential marketing channels and tools
Leverage your lockdown learning and crisis response
Identify opportunities to strengthen customer relationships and build loyalty
Investigate partnership opportunities
Maximise potential for return on marketing investment
Xero is committed to standing behind small business during this challenging time.
They’ve created this page to help support you, your people and your business through the uncertainty of the global COVID-19 outbreak. They’ve also set up a community space for their customers to share their experiences. They’ll continue to add useful resources and information to this page as they become available.
Click for further information.
Callaghan Innovation is dedicated to informing and supporting their customers and New Zealand’s innovation community, especially at this challenging time.
They have regular updates to some of their key services which include:
Click for further information.
BNZ are continually monitoring the latest COVID-19 advice from government and health authorities - and this page will be regularly updated.
Their priority is supporting our customers, communities and colleagues.
We have a long-standing partnership with the BNZ and are happy to make an introduction to them if you would like to discuss your current situation and potential options they may have for you.
These are some of the areas where they can offer support:
Our best advice for customers who are feeling the economic impacts of COVID-19 is to speak to the BNZ as soon as you can.
Click for further information.
Chartered Accountants are at the forefront of helping organisations manage the challenges, including falling sales, managing cash flow and supply chain disruption.
See their resource page for essential weblinks providing information on the disease and its impact on workplaces and businesses for members and their clients.
Click for further information.
Call to action sub-copy to direct users what they need to do to take action.
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