Covid-19 - Managing the crisis

All businesses should prepare a business continuity plan that assumes a worst-case scenario that could see the company operating at very low levels for several months.

There are a number of measures a business can take to ensure the continuity of its operations, Mazars will share advice, guidance and practical support from our business experts as this progresses.

What are the quick wins I can avail of in managing my situation?

  • Consider your financial and cash position  under a worst-case scenario and consider what measures are open to you to align costs with activity levels
  • Avail of the relevant Government support  measures that are available to you 
  • Communicate your position coherently with all key stakeholders such as employees, banks, customers, and suppliers 

Download our Covid-19 Toolkit

Businesses are fighting for survival: they need our support

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Our globalised society has arguably never faced a challenge like the Coronavirus – references to battle and war feature in government briefings all over the world. We are truly living in unprecedented times.

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Organisational resilience: responding to the unknown

Organisational resilience
As the spread of Covid-19 continues around the world, many businesses are looking for ways to move forward and keep their customers happy and their people productive. In response to the pandemic, we ask our organisational resilience team what leaders can do to keep their people safe and their business working.

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Covid-19: Riding out the storm

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Over the years, many firms have invested considerably in business continuity planning in order to keep their business operational in times the crisis. The truth is, however, that few ever thought that they would have to resort to such contingencies.

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Insolvency & Directors’ Duties

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The scale of the COVID-19 crisis will undoubtedly lead to many businesses facing severe financial difficulty with some inevitably facing insolvency. In such circumstances, there are some key points that Directors should consider in managing the business.

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Dealing with COVID-19 as a privately owned business

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As we all know, the Covid-19 pandemic is a very serious threat to the health and wellbeing of people throughout the world. The spread of the virus, as well as efforts to contain it, are now significantly impacting our daily lives.

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