It has indeed been interesting times of late. I'm sorry to report that I'm not getting much good news at the moment. All the different sectors of the industry seem to be doing it equally hard. The common complaints revolve around falling sales and escalating costs.
Lets hope the new financial year brings some sunshine.
The only people who seem to be doing well at the moment are the accountants who benefit from the GST complexity and insolvency practitioners who are gleefully rubbing their collective hands as companies fail one after another. Thankfully there are a few things that you might like to think about, and they broadly fit into two different families depending on whether you are losing money or making money at the moment. If you are losing money then the situation is as urgent as the amount of your cash reserves dictate. If you fit into this category then you have no real choice but to radically cut costs to the point where you stop losing money and stabilise your business. Unfortunately the only real place you can cut substantial amounts of costs quickly is from your wages and salaries.