You can find your nearest local counsellor on the RFCS website or call 1800 686 175.
For many small business owners in rural and remote locations, business support and advice goes hand in hand with financial counselling.
A free and confidential service offered by community organisations, community legal centres and some government agencies, financial counselling can offer guidance and support to improve even the trickiest of financial situations.
If you are a small business in a rural and remote area, you can access the Rural and Financial Counselling Service (RFCS) located across key agricultural communities around Australia.
This service assists farmers, fishing enterprises, forest growers and harvesters and has recently expanded to include related small business owners.
Rural financial counsellor Fiona Taylor sat down with Ahead for Business to provide insights for business owners who may be doing it tough at the moment, especially those in rural and remote locations.
Below she shares her tips on finances and overcoming adverse events such as droughts, bushfires and COVID-19.
Actions that can help small businesses to prepare for unforeseen adverse events
Learn from the past
Brainstorm by yourself or ask others to better understand what happened and how you can do it better next time.
Undertake risk management
Identify high risks and low risks to your business.
Assess your budget
Have a budget in place for challenging times, something like a survival budget.
Get Ready Business: five step guide to preparing for disasters.
Find the right financial counsellor for your business.
Get back to business: a guide to recovering from disaster.
Do the financial fitness test.
Read these tips for dealing with financial stress.