Small Business People Take Note!

I have started to see a number of "for lease" signs go up on commercial property around Brisbane. A few possible reasons for this:

• Leases may have come up for renewal and the landlord decided to increase the rent, making the tenant decide to find lodgings elsewhere.
• The businesses leasing these premises have gone broke due to undertrading with the slowing economy. The owner didn't have enough put aside for a slower period.
• The business leasing the premises suffered from overtrading, taking on too much work with too little working capital available to get the jobs done.

Planning for a rainy day is important whether you are a business owner or an employee.

I host a forum for business owners on a Thursday evening from 5:30 to 7:00pm that provides workshops to small business owners or the managers to provide tools to assist them in drought proofing their business. They are structured meetings and each attendee gets a chance to benefit from the other attendees and the facilitator.

There are 6 core topics covered by various workshops and dicussion methods:

1. Attitudes, beliefs and values - core to business success
2. Knowledge, skills and abilities
3. Operations and productivity
4. Administration and Financial Controls
5. Marketing & Sales Strategies
6. Leadership - Personal and Business

If you are in business and haven't checked out your local Group 25 Business Club, do it now and benefit.

Good business trading!

Regards

Damian Ebzery B.Bus M.Bus(Prof Acc) AFPA ASA