{"Term":"Viable and ongoing","Definition":"\u003cp\u003eA viable business is a business with a plan in place to make sure it can keep trading. This generally means the owner has good reason to believe it\u0027s more likely than not that the business or organisation will be able to pay its debts as they fall due within the next 18 months and its current overdue debts. Your accountant may be able to provide this advice.\u0026nbsp;\u003c/p\u003e\n\u003cp\u003eYou must keep any evidence of the business or organisation\u0027s ongoing viability at the time of requesting the CSP, as we may audit your application in the future.\u0026nbsp;\u003c/p\u003e\n\u003cp\u003eThis evidence could include, for example:\u0026nbsp;\u003c/p\u003e\n\u003cul\u003e\n    \u003cli\u003ea cash-flow forecast for the business or organisation for the short term\u003c/li\u003e\n    \u003cli\u003ea plan for where the revenue will come from in future market conditions and a forecast of those revenues\u003c/li\u003e\n    \u003cli\u003efinancial statements showing the business or organisation has enough resources to sustain itself when including the CSP\u003c/li\u003e\n    \u003cli\u003edetails of approved funding\u003c/li\u003e\n    \u003cli\u003eyour accountant\u0027s assessment that the business or organisation is viable and ongoing.\u0026nbsp;\u003c/li\u003e\n\u003c/ul\u003e","TeReoTerm":"","TeReoDefinition":""}