Moving towards a more resilient business post-pandemic

The 2021 Wake-up call: Strengthening business resilience has never been more important than ever

To thrive in the coming decade, companies must develop resilience—the ability to withstand unpredictable threats or changes and then to emerge stronger. Looking at the evidence, Lynden Group considers key elements of a business resilience approach suitable for the post- COVID-19 world.


Strengthening Resilience: Seek advantage in adversity

Don’t merely endeavour to mitigate risk or damage or restore what was; rather, aim to create an advantage in adversity by effectively adjusting to new realities. In fact, during the extreme challenges for businesses, the Government continue to evolve with different economic support grants to Victorian businesses. If you could take advantage of the supporting grant which you might be eligible for, they could put some extra wind in your sails.


Your advantage

This October, The Impacted Public Events Support Program Round Two is now available. The program has been designed to support event organisers and suppliers of larger public events in Victoria. The second round supports the events sector, which plays a key role in Victoria’s culture and economy and continues to be severely affected by recent health restrictions.


The program provides grants of $25,000 to organisers of Tier 1 (more than 7500 attendees) and Tier 2 (1001 and 7500 attendees) public events, under the Public Events Framework that are approved or registered to take place between 24 June 2021 and 23 September 2021. Suppliers to Tier 1 and Tier 2 events may be eligible for a $10,000 grant under this program.


You will be eligible if:

  • have an approved or registered Tier 1 or Tier 2 public event with more than 1000 attendees per event per day under the Public Event Framework (PEF) that was scheduled between 11:59 pm on 24 June 2021 and 11:59 pm on 23 September 2021;

  • operate a business or have employees in Victoria; and

  • have been registered for goods and services tax (GST) on 24 June 2021.

Applications for this program will be accepted until 11:59 pm on Tuesday 26 October 2021 or until the program funds are exhausted.


For more information please read the Impacted Public Events Support Program Round Two frequently asked questions (FAQs) and program guidelines.


Broad-based Resilience: Continuously learning and adapting

With the mainstream of business education and business upskill focused on sustainable capacity, resilience represents not just an opportunity to mitigate risk but also an opportunity for competitive advantage for enterprises who choose to focus on it. Under this backdrop, the knowledge and skills packages would always help your business succeeding in uncertain times.

Your advantage

Emerging your business stronger by learning new online course packages and attending mentor programs will create significant opportunities to drive change in the post-pandemic.

  • Range of courses and webinars

Get practical help with free online courses, live and on-demand events and a range of business resources to help you prepare for a strong business capacity.

This resource includes short courses, online events and resources from the top education providers and industry experts in Victorian State.


Explore courses and webinars by topic, and find one that suits your needs at Upskill your business.

  • Workshops & mentoring session

Attend workshops or events to improve your skills, network with others and get advice on your business from an expert or mentor are the smart ways to grow your business resilience.


Business Victoria offers free online mentoring sessions to help you start or grow your small business. Available from Monday to Friday, the one-on-one mentoring sessions will provide information on your business idea or how to grow your existing business.

The session list will take place until 30th June 2022.

Here comes the outstanding workshops and mentor sessions next week. Explore more the session and find one that suits your needs here.

11/10/2021

Small Business Bus: Seymour (Business Mentoring–Virtual)

Department of Jobs Precincts and Regions

Small Business Bus: Noble Park (Business Mentoring-Virtual)

Department of Job Precincts and Regions

Taking Your Business Online - Workshop

City of Port Phillip

Maximising Your Marketing - Workshop

Gannawarra Shire Council

12/10/2021

Taking Your Business Online - Workshop

Manningham Council

Small Business Bus: Yea (Business Mentoring-Virtual)

Department of Job Precincts and Regions

Small Business Bus: Dandenong (Business Mentoring-Virtual)

Department of Job Precincts and Regions

Starting Your Small Business - Live Webinar

Department of Job Precincts and Regions

13/10/2021

Small Business Bus: Springvale (Business Mentoring-Virtual)

Department of Job Precincts and Regions

Small Business Bus: Alexandra (Business Mentoring-Virtual)

Department of Job Precincts and Regions

Generating Cash Flow - Workshop

Commerce Ballarat Limited

Strategies to Advance Your Online Business - Live Webinar

Department of Job Precincts and Regions

Maximising Your marketing - Workshop

Gannawarra Shire Council

14/10/2021

Generating Cash Flow - Workshop

City of Monash

Maximising Your Marketing - Live Webinar

Department of Job Precincts and Regions

Small Business Bus: Hurstbridge (Wellbeing - Virtual)

Department of Job Precincts and Regions

Small Business Bus: Glen Iris (Well-being - Virtual)

Department of Job Precincts and Regions

Strategies to Advance Your Online Business - Workshop

City of Darebin

15/10/2021

Winning Government Business - Live Webinar

Department of Job Precincts and Regions

Financial Resilience: Better insight for business financial planning

One of the most commonly reported challenges in crisis response – also encountered during corporate responses to the initial COVID-19 outbreak – is that business financial shortage. Hence, businesses must balance short- and longer-term financial aims for any abnormal circumstance which will support their business resilience capacity.

Under this backdrop, businesses must have sustainable financial planning in accordance with their orientation.

You can explore more the financial calendar for business for a greater preparation for your financial plan.

Your advantage

Lynden Group Melbourne will offer sustainable solutions for your business to comply with the financial calendar which help your business stay organised, keep your finances on track and improve your business's operations over the year.

As we believe that a tree cannot stand without the root, same as the company cannot grow without good accounting and finance management. Lynden Group aims to represent as the root for your business growth and development.

Our offer can help you regain ground to find more customers, better manage cash flow or just prepare for new market conditions. Whether you're planning, starting or growing your business, Lynden Group can help you to identify a clear direction for your business, discuss key issues and priorities, and develop a business action plan to achieve your goals.

If you want to explore more about Lynden Group and our services, please do not hesitate to Contact us.







39 views0 comments

Recent Posts

See All