2022 is looking like a promising year for many businesses in WA and the economy more broadly, but there may still be challenges ahead.
WA has managed to avoid large outbreaks of covid so far but there is general agreement it will spread here in 2022 with the omicron variant that is already in the community.
The WA Government has delayed the full reopening of the border from early February, but the very likely reality is that at some point this year there will be more community spread of covid and businesses need to prepare.
While businesses need to prepare for staff needing to isolate due to covid exposure, the bread and butter of business remains the same in other ways.
It’s as important as ever to get the basics of business right for businesses in Western Australia.
1) Prepare for staff isolation
One of the challenges for business owners relating to staff being exposed to covid is that it is unpredictable when this will occur.
One staff member may be exposed and need to isolate, or many. That means that there is an element of uncertainty regarding when and for how long particular staff members may need to be away from work.
Therefore it is critical for business owners to mitigate this uncertainty and prepare for it by having individualised plans for what will be required for your business if staff need to isolate.
Your plan for staff needing to isolate will depend on your own personal business requirements so be sure to thoroughly think it through.
2) Prepare for supply chain disruption
One of the issues we have seen emerge through the pandemic is supply chain disruption.
We have seen supply chain disruption affect many industries throughout the pandemic.
One of the key ways that supply chains may be disruption in WA during the first half of the year is through staff members of your suppliers needing to isolate from work and then your suppliers being unable to fulfill your needs.
The best thing you can do as a business owner in a situation like this is to identify what your supply chain is, how it might be affected and what you can do about it.
If you would like help with your business, please get in touch.
Phone: (08) 9208 4000
Email: info@lgas.com.au
Address: Suite 3 24 Muriel Avenue Innaloo, WA 6018 Australia
ABN: 84 797 521 267
Public holidays: Closed