Small Business News - NORTEC BUSINESS CONNECT

NORTEC BUSINESS CONNECT

It's tax time again.....

3/6/2021

To get some guidance from one of our Business advisors regarding your obligations to the ATO contact us HERE.

The end of the financial year is an important time for your small business. You'll need to complete bookkeeping, tax returns and plan for the new financial year. Learn how to prepare for the EOFY to get your business organised and work smarter in the year ahead.

The end of financial year is just around the corner. Before you know it your deadline to lodge will be upon you as well.
As a small business owner, preparing your business financials for end of financial year should be a crucial part of your business plan.

Here are a few tips to consider to assist you with your ATO obligations:
1. Make sure all of your documents are in current such as trusts, partnerships etc
2. Review your cashflow to allow for any applicable personal tax, BAS, as well as any employee superannuation if applicable.
3. Towards the EOFY ensure that your record keeping is up to date.
4. Make sure that your employee information is correct including their employment status (casual, full time, part time etc) as well as any contracts you may have with them.
5. Make sure you are up to date with simple work related deductions.

There are many other things to take into consideration. You can find more information from the ATO website HERE or for further assistance you can contact one of our business Advisors for a one on one advisory session. Enquire HERE

FREE Business Capability workshop

26/4/2021

To reserve your spot, email: melinda.atkin@regional.nsw.gov.au

Business Wellbeing - Free online training

22/4/2021

Ben Wynn from WYNERGY

20/4/2021

Ben Wyn & Brad Dolahenty owners of Wynergy Pty Ltd

Business Connect Advisor Derek Tink. Book Derek HERE

Business Connect has helped Ben, founder of Wynergy, a solar farm installation company with his business plans which required significant capital investment. His advisor Derek Tink from NORTEC Business Connect, connected him to professional local legal and accounting services.

Ben developed a provisionally patented ‘’stock-proof’’ solar tracking system; Maximising solar energy production while cohabiting and enhancing fertile grazing and farming land.

See this awesome success story by Ben Wynn from Wynergy

The 5 step disaster recovery plan

9/4/2021

Disaster recovery plan
It is crucial to any business to have a 'Business Plan'. This plan is there to assist you to keep your business on track and in the right direction.

In the past 2 years (or more) it has been very difficult for most business owners to come anywhere near keeping their business headed in the right direction. One thing that may not have been in 'the plan' is a Disaster recover plan.

Preparing for disaster could mean the difference between your business being back up and running two days after a disaster or never reopening at all

Step 1: Know your risk
Step 2: Plan now for what you will do
Step 3: Get your business ready
Step 4: Be aware
Step 5: Look out for each other

Now more than ever, are you disaster ready? For more information go to the downloadable PDF below to get your
"Get ready toolkit 5 step plan".

Downloadable PDF below.

get_ready_business_toolkit.pdf
File Size:	3560 kb
File Type:	pdf

click HERE for assistance

Flood disaster recovery grants

9/4/2021

Flood disaster recovery small business grant:

Small businesses and non-profit organisations directly impacted by the NSW storms and floods from 10 March 2021 onwards may be eligible for a flood disaster recovery grant.

The small business or non-profit organisation must be in a defined disaster area to be eligible.

The flood disaster recovery grant of up to $50,000 is to help pay for the costs of clean-up and reinstatement of a small business or not-for-profit organisation’s operations. Applications will open mid-April 2021 .

Disaster recovery for primary producers:

A disaster recovery grant of up to $75,000 is available to eligible primary producers in local government areas affected by the NSW storms and floods that occurred from 10 March 2021.

If you would like further information & assistance regarding your eligibility and application contact us on the enquiry form below..

Refresh & Renew Tourism fund - Applications close 31st March 2021

17/3/2021

Due to COVID-19, many people, who would traditionally travel to overseas destinations for their holiday, will now be travelling domestically to regional NSW destinations. To assist regional NSW tourism businesses to better meet consumer expectations, grants are now available to assist regional NSW tourism operators Refresh and Renew their product.

A grant of $10,000 excluding GST is available per applicant. The grants do not require funding to be matched, however the work proposed must cost at least $10,000 excluding GST.

Eligible applicants include cafes, bars, restaurants, accredited visitor information centres, hotels, motels, caravan parks, visitor attractions, museums, galleries, conference and event centres or facilities.
Work could include fresh paint, new curtains, new carpet, new furniture, bedspreads, TVs, beds, upgrades to facilities such as a new reception area, bar, display cabinets, etc.

To find out more send an enquiry HERE or you can book our Tourism specialist Business Connect Advisor Jennifer Lloyd direct HERE.
Want to know more about Jennifer Lloyd ? Click HERE

Dine & Discover NSW Voucher Registration

17/3/2021

Need more information? Enquiry HERE.

Great news .... The NSW Government has launched Dine & Discover NSW  to encourage the community to get out and about, supporting dining, arts and tourism businesses, which have been impacted by COVID-19.  You can register your business now to participate in the scheme.

The program will be rolled out across the state this month. Every NSW resident aged 18 and over will be eligible for four $25 Dine & Discover NSW vouchers worth $100 in Total. Businesses can register online now to participate in the scheme.

Details of the vouchers below:

2 x $25 Dine NSW Vouchers for dining in at restaurants, cafes, bars, wineries, pubs and clubs from Monday to Thursday
2 x $25 Discover NSW Vouchers to be used for entertainment and recreation, including cultural institutions, live music, and arts venues, to use 7 days a week.

Business Connect can assist you to take advantage of this NSW Government initiative. Jennifer Lloyd is our specialist Tourism Advisor who can assist you today.

Book Jennifer HERE or send us an enquiry HERE to receive more information.

Meet Jennifer Business Connect Tourism Advisor

17/3/2021

Click HERE to book Jennifer for Business Advisory.
Enquire about Business Connect HERE

We are thrilled to have Jennifer Lloyd join our team. Did you know about the current NSW Government initiatives for Tourism?

If you are a cafe, restaurant, hotel, motel, caravan park, visitor attraction, conference and event centre or any other operator in the Tourism industry you may be eligible for the NSW Government
'Renew & Refresh' $10,000 Tourism Fund. Applications close on the 31st March, 2021 (Click HERE for details), as well as the recently announced Dine & Discover NSW $100 voucher initiative (Click HERE for details) please complete this enquiry form HERE & we will connect you with Jennifer today. Or you can book Jennifer direct by clicking HERE.

Jen has over 20 years travel and tourism experience across multiple facets of the industry including retail, corporate, wholesale, cruise, specialist groups and tourism board. She has operated a travel company for the past 10 years with a strong understanding of start-up procedures, developing business operation and marketing plans, utilising software and applications that can aid businesses in building their brand and awareness. She has a passion for incorporating exceptional customer service alongside strong employee engagement which ultimately helps a business to deliver incredible customer experience.

Jen is a motivating and empathetic advisor committed to helping businesses in the travel, tourism, events, arts and creative industries to thrive and succeed. She is currently studying her Bachelor of Business in Tourism Management alongside balancing her business and advising roles with being a mother to her five young children. She understands the challenges associated with running a business whilst also being a parent.

Meet Christina Giorgio

12/3/2021

Click HERE to meet Christina Giorgio
Click HERE to book Christina.

Continuing the Women in Business week, Michelle from NORTEC Business Connect, chatted with Business Advisor Christina Giorgio.

Christina has a bachelor of arts majoring in screen and theatre with her honours in media and communications. She has a Certificate IV in Business providing strategic and holistic business coaching and strategy. She holds a Certificate IV in Training and Assessment and regularly runs workshops, immersions and retreats in creative small business. Her approach is focussed on long term integrated business solutions for long term sustainability. Her coaching is oriented around creating thriving and healthy businesses and owners!

Christina is the director of Creative Consultancies, a consultancy business specialising in creative industries’ and ethical small business professional and business development and creative and digital presence.

Click HERE to book Christina.

Small Business Solutions Team

We are committed to nurturing and assisting the small business community – we recognise that small business is the backbone of our economy on the North Coast of NSW.

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