Mazars Business & Financial Sustainability Program
Mazars Business & Financial Sustainability program has been built around our tried and tested business planning service. It combines the longer term goals of the business with financial planning and specific crisis management objectives in order to help you navigate your business through the Covid-19 crisis.
As the public health crisis threatens to fluctuate through peaks and valleys over the next 12 to 18 months, businesses must prepare for continued disruption in sales and operations. This requires planning for a range of likely scenarios over this period – from best to worst case – and corresponding operational, management and strategic cost and cash outflow action plans.
This scenario-based crisis planning method will enable you to flex operational practices and cost base with reasonable precision and speed as the business passes through the pandemic phases of acute, suppression, all the way to recovery and the new normal.
For many businesses, the support and assistance of its wider stakeholder group, including governmental funding agencies, will be critical to navigating the crisis period. A clear 12-month crisis management plan will provide a solid basis for communicating the priorities of the business and will quantify the extent to which financial state assistance or external funding is needed, in order to have an integrated and well-planned approach to maintaining a viable business.
The Mazars Business & Financial Sustainability program follows six key phases:
The Mazars Business & Financial Sustainability program, facilitated by your Mazars advisor, also provides a crisis management dashboard to enable you to continuously assess the scale of the crisis for your business and supports you to track ongoing performance which enables you to implement the tactics necessary to deal with specific challenges at each stage.
To find out more about the Business and Financial Sustainability program, please complete the business enquiry form here and we will contact you shortly.
Please note this program is intended to complement existing crisis projects, including health and safety projects and shorter term operational crisis management and cash flow projects.
Wee Han Tah Director, Head of Management Consulting - Singapore