04 September 2020
Local businesses encouraged to undertake a business health check
Local businesses are being encouraged to undertake a business health check amidst the ongoing impact of the COVID-19 pandemic.
The Assistant Treasury Minister, Senator Ian Gorst, commented:
“The COVID-19 pandemic has caused disruption and difficulties for our entire Island. We are conscious that the situation has had a particularly significant impact on many local businesses.
“Now we are in Level 1 of the Safe Exit Framework, we would like to encourage all businesses to review their financial position and cash-flow, particularly as we approach the end of the year and the autumn and winter months.
“Carrying out a regular ‘health check’ on a business will help to manage costs, maximise income and crucially, to identify changes that will give a business the cash and reserves to keep running. We acknowledge that many businesses will have already undertaken, and be undertaking, such reviews and encourage all businesses to do so.”
If required, help is available through Jersey Business and Citizens Advice, who can assist and support a financial review.
Contact details are available on their websites and on gov.je