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5 concepts of business you need to know

Welcome to April 2021 In this issue: Chris Anderson is a British-American businessman who is the head of TED, and he has nailed our theme for this month – the basics of business – equip yourself with the foundations and you can’t go wrong Just need a grasp of the basics of Marketing? –  you need to be at our workshop

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6 Step Plan To Turn Your Idea into a Business

We have a unique chance to have an author of a book “The Man with the Plan” to help you find your entrepreneurial purpose. Doctor Steve Enticott will step you through starting up a side-gig business with a purpose. ZOOM taking place on TUESDAY, 16 FEBRUARY 11 am – 12 pm Few people are exceptionally

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Christmas Edition!

We hope you enjoy our ๐ŸŽ„ Christmas ๐ŸŽ„ edition. In this issue: Our first E-book is now live! Our e-book is jam-packed full of wisdom and words of advice from businesses we have supported! (pictured at launch above) DOWNLOAD IT FOR FREE TODAY! โ€‹Industry news Our business tip of the month New clients and our advice

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Are you to blame for coordination failure?

Welcome to November’s newsletter In this issue: Industry newsโ€‹ โ€‹Latest workshop – RE-RUN Cybersecurity – this WEDS! sign up today! Business tip New clients and our advice snapshot See you soon for your 1-hour advice session.

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Welcome to Small Business Month

We hope you enjoy our October edition. In this issue: Industry news Latest workshop – Cybersecurity – sign up today! New clients and our advice snapshot See you soon for your 1-hour advice session.

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๐Ÿ‘€ Revealed latest content trends ….

In this Sept issue: Did You Know – content trends  New clients and our advice snapshot Four tips to stay OK…mental health wellness  See you soon for your advice session.

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โšก๏ธ Be a Better Business – Guaranteed! โšก๏ธ

We are now running a monthly newsletter and we hope you enjoy this, our August edition. In this issue: Businesses to start during COVID NEW! Limited Coaching Program Expressions of Interest (EOI) now open New clients and our advice snapshot See you soon for your hour advice session.

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Create A Business Plan in Half the Time!

Join Phil on ZOOM for a MAUS BUSINESS PLANNING SESSION Wednesday 29th July, 10am – 12pm Phil will help you: Create a vision for your business Help you identify your key product/s and or service/s Identify your key competitors Find your target market and audience/s Develop a PLAN of ACTION

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๐Ÿคš $3,000 up for grabs ๐Ÿคš be quick! Read on to find out how

BOOK IN NOW…NEW OFFICE! We are back in person! This week from the 8th July, we are in HABITAT but in a dedicated NEW office space. This is to make our service COVID ready. Find us at 32 Fullerton Lane – HABITAT, Byron Bay 2481. Right next to Subpod (go to our web site for directions, www.buildgrowrun.com.au/contact-us ). In this issue:

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โšก๏ธ Don’t Miss Out….Book in now โšก๏ธ

WHAT’S YOUR PLAN? You may have been in business for a decade or more, or new to business. Do you know where are you going? What’s your model? Who’s your target market? So often we meet people who don’t know the answer to these questions. You have to have a plan for your business. Setting out a business plan

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๐Ÿ’ฐ$10,000 up for grabs ๐Ÿ’ฐ

GET YOUR BUSINESS BACK TO WORK We are delighted to bring you this weekly issue of our newsletter. It won’t be long before we will be seeing you all in person. We plan a return to a new dedicated office space at Habitat in July. This is so we can see you all and coach

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Are you ready for the new normal?

GET READY FOR A POST COVID ECONOMY Hello, ever thought that we could be looking at a business opportunity to rethink our very existences? Because necessity is often the mother of invention, the pandemic could bring some positive outcomes. Individuals, communities, businesses, and governments are all learning new ways to connect. And businesses are finding

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Buildgrowrun | Phil & Ellie
A friendly reminder! Be a doer and not just a drea A friendly reminder! Be a doer and not just a dreamer! โ €โ €โ €โ €โ €โ €โ €โ €โ €
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Type yes if you agree โฌ‡๏ธโ €โ €โ €โ €โ €โ €โ €โ €โ €
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#goaldigger #doittoday #goaldiggersโ €โ €โ €โ €โ €โ €โ €โ €โ €
#beallthatyoucanbe #slayyourgoals #nomoreexcuses
A global pandemic, our first recession in three de A global pandemic, our first recession in three decades and unprecedented upheaval. Obviously, the number of businesses going under skyrocketed, right? Wrong.

Massive economy-saving programs like the $90 billion JobKeeper wage subsidy and 'safe harbour' laws that protected businesses through the uncertainty of the pandemic meant the number of insolvencies fell almost in half.

But those programs, and protections, are over.
For many small businesses, tough decisions now need to be faced.

๐—ฅ๐—ฒ๐—ฑ ๐—ณ๐—น๐—ฎ๐—ด๐˜€ ๐˜๐—ผ ๐˜„๐—ฎ๐˜๐—ฐ๐—ต ๐—ณ๐—ผ๐—ฟ
According to Ms Farmer, there are several 'red flag' indicators that can tell business owners they need to seek help.

โ—พ๏ธFaltering cash flow:
"Does the company have sufficient cash to pay its debts as and when they fall due? That's the very definition of insolvency used in the Corporations Act."

โ—พ๏ธNot opening mail or answering the phone:
"They're not wanting to see letters of demand and statutory demands, so there's an element of mental depression about how to deal with matters."

โ—พ๏ธNo more credit:
"If the business is running at maximum overdraft and can't get any other finance, that's an indication."

๐—š๐—ฒ๐˜ ๐—ต๐—ฒ๐—น๐—ฝ ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜†
"Almost always, small business seek advice too late," said Shabnam Amirbeaggi, managing partner of insolvency practice Crouch Amirbeaggi.

๐—ง๐—ผ๐˜‚๐—ด๐—ต ๐—”๐—ฝ๐—ฟ๐—ถ๐—น
There are more reasons April will be difficult for small to medium businesses (SMEs).

Many supports including state-based grants, payroll tax relief, rent deferral and Tax Office payment deferments have ended or been trimmed back.

๐˜š๐˜ฐ๐˜ถ๐˜ณ๐˜ค๐˜ฆ: ๐˜ฉ๐˜ต๐˜ต๐˜ฑ๐˜ด://๐˜ธ๐˜ธ๐˜ธ.๐˜ข๐˜ฃ๐˜ค.๐˜ฏ๐˜ฆ๐˜ต.๐˜ข๐˜ถ/๐˜ฏ๐˜ฆ๐˜ธ๐˜ด/2021-04-09/๐˜ซ๐˜ฐ๐˜ฃ๐˜ฌ๐˜ฆ๐˜ฆ๐˜ฑ๐˜ฆ๐˜ณ-๐˜จ๐˜ฐ๐˜ฏ๐˜ฆ-๐˜ธ๐˜ฉ๐˜ข๐˜ต-๐˜ฏ๐˜ฐ๐˜ธ-๐˜ง๐˜ฐ๐˜ณ-๐˜ด๐˜ฎ๐˜ฆ๐˜ด-/100055776
๐˜‰๐˜บ ๐˜ฃ๐˜ถ๐˜ด๐˜ช๐˜ฏ๐˜ฆ๐˜ด๐˜ด ๐˜ณ๐˜ฆ๐˜ฑ๐˜ฐ๐˜ณ๐˜ต๐˜ฆ๐˜ณ ๐˜‹๐˜ข๐˜ฏ๐˜ช๐˜ฆ๐˜ญ ๐˜ก๐˜ช๐˜ง๐˜ง๐˜ฆ๐˜ณ
Don't know you're above the line from your below t Don't know you're above the line from your below the line?โ €โ €โ €โ €โ €โ €โ €โ €โ €
Have heard about marketing, know you need to understand it, but don't have a clue where to start? โ €โ €โ €โ €โ €โ €โ €โ €โ €
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Then our Marketing 101 Workshop is for you. โ €โ €โ €โ €โ €โ €โ €โ €โ €
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๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ๐—ฑ?โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ—พ๏ธ An overview of what marketing isโ €โ €โ €โ €โ €โ €โ €โ €โ €
โ—พ๏ธ The fundamentals of marketingโ €โ €โ €โ €โ €โ €โ €โ €โ €
โ—พ๏ธ Explanation of the marketing channels you can useโ €โ €โ €โ €โ €โ €โ €โ €โ €
โ—พ๏ธ The 7 basic steps in a marketing strategy and tactical planโ €โ €โ €โ €โ €โ €โ €โ €โ €
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๐—ช๐—ต๐—ผ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ฎ๐˜๐˜๐—ฒ๐—ป๐—ฑ?โ €โ €โ €โ €โ €โ €โ €โ €โ €
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โ—พ๏ธ People with no or little understanding of marketing. This is aimed very much at the beginner.โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ—พ๏ธ Gives an overview of what marketing is, the channels to use and the top tips per channel.โ €โ €โ €โ €โ €โ €โ €โ €โ €
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Delivered by Ellie Corley, coach and business advisor at Build Grow Run. Ellie has over 20 years of experience running high profile global marketing campaigns for Virgin, where she was Global Communications Director for Richard Branson's private office, researching and launching his book 'Screw Business As Usual', all about business as a force for good. Ellie has also handled high campaigns aimed at creating behaviour change for the UK government on topics such as, reducing energy consumption and beating bullying in the workplace. She has also worked at a senior level managing the reputations of some of the world's biggest brands. Ask any burning questions you have about all things marketing in this 2-hour advice session.โ €โ €โ €โ €โ €โ €โ €โ €โ €
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Reserve your slot and Register now!โ €โ €โ €โ €โ €โ €โ €โ €โ €
Email us: phil@buildgrowrun.com.auโ €โ €โ €โ €โ €โ €โ €โ €โ €
 ellie@buildgrowrun.com.auโ €โ €โ €โ €โ €โ €โ €โ €โ €
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Limited spaces and a free workbook for all attendees.โ €โ €โ €โ €โ €โ €โ €โ €โ €
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#marketing101 #marketingideas #marketingplan #marketingstrategies #growyourbusinessโ €โ €โ €โ €โ €โ €โ €โ €โ €
#growbusinessonline
Continuing on from our last two posts, some more t Continuing on from our last two posts, some more tips from Kelly Crethar on Accounting Basics...โ €โ €โ €โ €โ €โ €โ €โ €โ €
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Youโ€™re in business if your activity, as a whole, is commercial with an aim to make a profit. Consider these key questions to determine if you run a business:โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธIs the activity you undertake for commercial reasons?โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธIs your main intention, purpose or prospect to make a profit?โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธDo you regularly undertake your activity?โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธIs your activity planned, organised and carried out in a businesslike manner?โ €โ €โ €โ €โ €โ €โ €โ €โ €
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If you're running a ๐—•๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ the following key benefits will apply to you:โ €โ €โ €โ €โ €โ €โ €โ €โ €
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โ–ช๏ธYou can apply for an ABN to use in your business transactions and register a .com.au website once you have an ABN. โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธYou have access to government information, services and concessions for Business. โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธYou can establish a business identity when selling to customers and other businesses. โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธYou can claim tax deductions for business expenses against your taxable income. โ €โ €โ €โ €โ €โ €โ €โ €โ €
.โ €โ €โ €โ €โ €โ €โ €โ €โ €
.โ €โ €โ €โ €โ €โ €โ €โ €โ €
.โ €โ €โ €โ €โ €โ €โ €โ €โ €
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#smallbusinessadvice #smallbusinesscoach #smallbusinessaustralia #tweedheads #northernrivers
Continuing on from our last post, some more tips f Continuing on from our last post, some more tips from Kelly Crethar on Accounting Basics...โ €โ €โ €โ €โ €โ €โ €โ €โ €
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Cash is king: Cash flow management, budgeting and forecasting to keep your business running. โ €โ €โ €โ €โ €โ €โ €โ €โ €
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There are different types of invoice these will helps to protect your business's cash flow, maintain good records and meet your tax obligations. An invoice is a record of purchase that allows your customers to pay you for the goods or services that youโ€™ve provided. โ €โ €โ €โ €โ €โ €โ €โ €โ €
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๐—ฅ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐—ฟ ๐—ถ๐—ป๐˜ƒ๐—ผ๐—ถ๐—ฐ๐—ฒ๐˜€ - a business that is not registered for goods and services tax (GST), your invoices wonโ€™t include a tax component. They should not include the words 'tax invoice'.โ €โ €โ €โ €โ €โ €โ €โ €โ €
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๐—ง๐—ฎ๐˜… ๐—ถ๐—ป๐˜ƒ๐—ผ๐—ถ๐—ฐ๐—ฒ๐˜€ - include the GST amount for each item along with some extra details. You need to provide a tax invoice if the purchase is taxable, the purchase is more than $82.50 (including GST), a customer asks for a tax invoice, and If your customer asks for a tax invoice and youโ€™re not registered for GST, show on your invoice that there is no GST. โ €โ €โ €โ €โ €โ €โ €โ €โ €
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๐—ฆ๐—ผ๐—บ๐—ฒ ๐˜๐—ถ๐—ฝ๐˜€ ๐˜๐—ผ ๐—ต๐—ฒ๐—น๐—ฝ ๐˜†๐—ผ๐˜‚ ๐—ฝ๐—ฟ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐—ถ๐—ป๐˜ƒ๐—ผ๐—ถ๐—ฐ๐—ถ๐—ป๐—ด:โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธ Using accounting software to help you manage invoicing and recording customer sales.โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธ Set up a business bank accountโ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธ Get details from your customer such as their name, address, phone, email and ABN (needed for tax invoices).โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธ Choose your accepted payment methods and payment terms.โ €โ €โ €โ €โ €โ €โ €โ €โ €
โ–ช๏ธ Once a customer receives their goods or services, contact them to make sure there are no issues or defects. This will help you avoid disputes and delays in getting paid. Itโ€™s also good customer service.โ €โ €โ €โ €โ €โ €โ €โ €โ €
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#accountingservices #byronbaybusiness #accountinglife #startupbusinessess #accountingtips #smallbiztips #cashflow101 #cashflowmanagement
After our recent workshop with Kelly Crethar on Ac After our recent workshop with Kelly Crethar on Accounting Basics for Business we were inspired to share with you some tips that she gave us! We hope you find this useful! Drop your comments below if you do!โ €โ €โ €โ €โ €โ €โ €โ €โ €
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A hobby is a pastime or leisure activity conducted in your spare time for recreation or pleasure. And once your hobby becomes a business, you may need a to  Licences and Permits specific to your type of Business.โ €โ €โ €โ €โ €โ €โ €โ €โ €
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๐—ฌ๐—ผ๐˜‚ ๐—ฐ๐—ฎ๐—ป ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ฝ๐—ฎ๐˜†๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ต๐—ผ๐—ฏ๐—ฏ๐˜†โ €โ €โ €โ €โ €โ €โ €โ €โ €
A business collects the seller's Australian business number (ABN) when it makes a purchase. If the seller can't provide an ABN, then a business must withhold the top rate of tax from the payment for any total more than $75 for tax purposes. If you're not in Business and don't have an ABN, you need to provide evidence that your activities are a hobby. If you don't provide evidence, the payer will withhold the top rate of tax from their payment to you. Provide a Statement by a supplier form to notify the payer that this payment contributes to your hobby.โ €โ €โ €โ €โ €โ €โ €โ €โ €
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๐——๐—ถ๐—ฑ ๐˜†๐—ผ๐˜‚ ๐—ธ๐—ป๐—ผ๐˜„?โ €โ €โ €โ €โ €โ €โ €โ €โ €
You donโ€™t need to declare the income amounts you make from your hobby to the Australian Taxation Office (ATO). You canโ€™t claim any losses from your activity if itโ€™s a hobby.โ €โ €โ €โ €โ €โ €โ €โ €โ €
Income-earning hobbies can sometimes grow into businesses. Make sure you track any change in income or practices to ensure youโ€™re aware of your obligations before they happen.โ €โ €โ €โ €โ €โ €โ €โ €โ €
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๐˜š๐˜ฐ๐˜ถ๐˜ณ๐˜ค๐˜ฆ: ๐˜ˆ๐˜ค๐˜ค๐˜ฐ๐˜ถ๐˜ฏ๐˜ต๐˜ช๐˜ฏ๐˜จ ๐˜‰๐˜ข๐˜ด๐˜ช๐˜ค๐˜ด ๐˜ง๐˜ฐ๐˜ณ ๐˜‰๐˜ถ๐˜ด๐˜ช๐˜ฏ๐˜ฆ๐˜ด๐˜ด ๐˜ฃ๐˜บ ๐˜’๐˜ฆ๐˜ญ๐˜ญ๐˜บ ๐˜Š๐˜ณ๐˜ฆ๐˜ต๐˜ฉ๐˜ข๐˜ณโ €โ €โ €โ €โ €โ €โ €โ €โ €
โ €โ €โ €โ €โ €โ €โ €โ €โ €
#byronbaybusiness #accountinglife #startupbusinessess #accountingtips #smallbiztips #northernriversbusiness #hobbyintobusiness

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Habitat โ€“ 32 Fullerton Lane
Byron Bay NSW 2481

Note: Before visiting our office please read the “Prior to visiting” instructions on ourย contact page.

Phil Daly

M: 0412 667 864
Office hours:
Tues. 1pm โ€“ 5pm
Wed. 10am โ€“ 5pm
Thurs. 10am โ€“ 5pm

Ellie Corley

M: 0475 841 664
Office hours:
Mon. 10am โ€“ 5pm
Tue. 10am -2pm
Fri. 10am โ€“ 5pm

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