Free full day Business Development Workshop
Supporting Territory Business – Planning for better business, is a joint program offered by the Department of Business and Employment and the Northern Territory’s Business Enterprise Centre.
As part of the initiative, local business owners and operators are invited to attend a full day business development workshop, which is fully funded by the Northern Territory Government.
We invite you to join Hayes Knight Director, Alan Green, a respected leader in business development and strategic planning, who will be presenting the Business development workshop.
Attendees at the workshop will gain valuable insight and understanding into their financial statements and their relationship to business performance.
This opportunity should not be missed. Seats are limited to only one per business and will fill fast.
Business development workshop
When: Thursday 16th September 2010
Time: 8.30 am to 5.00 pm
Venue: Territory Business Centre, Peter Sitzler Building, 67 North Stuart Highway
Cost: Fully funded by the Northern Territory Government.
Lunch and refreshments will be provided.
Workshop content:
- understand the key elements of a successful business
- find out what profit and loss statements really tell you
- discover the power of the break even point
- identify the source and solutions for an underperforming business.
Register:
Contact Annalyn Mcleod on 8999 5421 or by email atannalyn.mcleod@nt.gov.au
Download:
Business Booster 2010-11 – Invitation to Business Development Workshop Alice Springs
2010/2011 Need to Know – Plan or Perish
With a new financial year just under way you have the opportunity to financially map your business. If you get this financial mapping right, you reduce your risk and remove some of the surprises that can occur along the way.
FIND OUT MORE
Most people are not surprised when a start up business fails. But it’s not just start ups that grow to death; it’s also a common cause of business failure for more mature businesses.
Start up businesses often fail because they are undercapitalised. They grow until the money runs out and then they can’t afford to fund any more growth. The banks refuse to lend to them as they have no history and no assets to leverage, and then they die. It’s an easy trap to fall into. The entrepreneurial spirit that drives people to start up a business is often the same spirit that keeps them focussed on a growth path. The mentality is that the faster you drive sales and bring in the cash the more successful the business (and the entrepreneur) will be. However, this cycle of sales and profit is missing two key components; financial and cash flow management. A successful and sustaining business has all of these elements. FIND OUT MORE
Is it worth it? What makes a business a good investment
We’re often asked by clients if a business is worth buying
Let’s look at some of the features that often make a business an attractive investment:
Profitability/Price relativity
What are you getting for the price you are paying? Not only is profit necessary to repay borrowings or provide a return on investment it needs to be there to provide cover against the risk of a private business. Key measures include: FIND OUT MORE
How much is my business worth?
For many small business owners, their business is their largest asset and for many, one that is expected to help fund their retirement. But what is your business really worth and what sets a high value business apart?
Irrespective of whether you are contemplating retirement or have many years ahead of you in business, every business owner is curious about just how much their business is worth. FIND OUT MORE