Private businesses across New Zealand are operating in unprecedented times. They face uncertainty, complexity and rapid change, often with unforeseen financial pressures. We are supporting private business not only to survive the negative impact of COVID-19, but adapt quickly, clearly and proactively to new market conditions and opportunities. KPMG’s specialist private business advisory team is delivering a targeted Business Resilience Service remotely across the country to support directors, business owners and senior management teams to respond. We will help you develop and implement a bespoke action plan, allowing you to:
- Identify and address critical issues, to ensure you stabilise and protect the business in the short term as best as you can
- Bring visibility to any immediate cash impacts, and develop a plan for managing costs and understanding any short-term funding requirements
- Identify and unlock near term opportunities created by the new market conditions and operating circumstances
- Build longer term resilience in the business so that it can operate successfully in a post-COVID-19 world
- Lead your people with clarity and confidence through challenging times and ensure it emerges with strength and well-positioned for long-term success.
This service can be fully funded by New Zealand Trade and Enterprise or your Regional Business Partner, so it may be completely free for you to access this specialist support. Contact us to discuss eligibility and we can put you in touch with the appropriate support agencies.
How we will work together
The global economic landscape is rapidly changing due to the impact of COVID-19. Our approach reflects the importance of ensuring your plans are flexible to enable you to move decisively when required. At the end of this process you will have a clear plan based on a clear understanding of your cash position.
Initiated with a half hour scoping call to talk through you priorities, you’ll then gather your thoughts and provide Business Critical Information that will help you and your KPMG advisor gain a snap shot of the business, the impact of COVID-19 on the business, as well as potential challenges and opportunities.
In a workshop via video conference, we will help you develop a highly focused bespoke COVID-19 Action Plan and high level cashflow forecast.
To support you to execute your plan, we will check-in with you to discuss progress and any new issues you’ve encountered, and help adapt your plan to ensure you are responding effectively to the evolving context of COVID-19. These will be a series of calls at a time agreed with you.
COVID-19 Business Resilience Framework
Why choose KPMG Private Enterprise?
Here at KPMG we are focused on fuelling the prosperity of New Zealand. Never has this mission been more important and meaningful than right now, as New Zealand grapples with the social, personal, business and economic consequences of COVID-19.
Our private enterprise advisory team are trusted service providers with decades of combined experience working with hundreds of New Zealand domestic and export businesses, big and small, to achieve their business ambitions. Many of us have experience running our own businesses. We want to bring our depth of expertise and experiences to help you through this uncertain time. We are also experienced in working with Māori enterprises and the issues that are unique to a te ao Māori business environment.
Our approach to helping businesses is robust, pragmatic, and action-orientated. Most importantly we’re not afraid to ask the hard questions. We are working with a large number of clients through this time and can bring a fresh perspective to your plan.